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Mutual Funds' asset base drops 1.15% to Rs 19 lakh crore

Mutual Funds' asset base drops 1.15% to Rs 19 lakh crore

The mutual fund (MF) industry's asset base declined marginally by 1.15 percent to Rs 19.03 lakh crore at the end of May, mainly due to outflow from money market segments.

MF industry assets grow 35% to record Rs 18.3 lakh crore in FY17

MF industry assets grow 35% to record Rs 18.3 lakh crore in FY17

The asset base of mutual fund industry in India surged 35 percent to all-time high of Rs 18.3 lakh crore in 2016-17, driven by growing participation from retail investors.

East lagging in MF investments: SEBI official

East lagging in MF investments: SEBI official

The 12-odd states located in the eastern region were lagging in terms of mutual fund (MF) investments as compared to other parts of the country, a SEBI official said.

Mutual Funds  add Rs 4-trillion to kitty in 2016, eyes Rs 20-trillion mark in 2017

Mutual Funds add Rs 4-trillion to kitty in 2016, eyes Rs 20-trillion mark in 2017

Helped by growing interest from retail investors and aggressive buying of stocks, mutual fund industry grew at a rapid pace in 2016 with addition of almost Rs 4 lakh crore, or 28 percent, to its asset base and is looking to cross Rs 20-trillion mark in the new year.

MF investment in equity markets at Rs 70,000 cr in 2015

Mutual fund houses continued to be bullish on the equity markets in 2015 and purchased shares worth a staggering over Rs 70,000 crore, primarily on account of strong participation from retail investors.

Foreign firms cash out as mutual funds near Rs 15-lakh cr mark

The performance stands out even better when seen in the context of the equities market not performing so well.

New norms soon to boost MF sales: Sinha

Markets regulator Sebi will soon issue norms allowing e-commerce platforms to sell mutual fund products, among other measures, to boost the MF industry.

Mutual fund asset base grows 10% to Rs 11.86 lakh crore

Mutual fund (MF) industry's asset base has grown around 10 percent to Rs 11.86 lakh crore at the end of April from March, primarily driven by huge inflows in equity schemes and money market segment.

Sebi looking into concerns over commission cap in MF industry

Mutual fund industry's apex body AMFI's decision to implement the cap on upfront commission from April has created a rift among large mutual fund (MF) houses and small players.

MF exposure to bank stocks hits a high of Rs 78,000 crore in Feb

Continuing their bullish stance on banking stocks, mutual fund managers raised exposure to the sector to a historic high of nearly Rs 78,000 crore in February.

Franklin eyes doubling its AUM to Rs 1,20,000 crore in 5 years

The company is currently ranked seventh in terms of AUM.

MF industry may see several mergers of schemes in coming weeks

The mutual fund industry may witness several mergers of schemes in coming weeks after the Budget proposed an exemption from capital gains tax in case of amalgamation of funds with similar features.

Mutual fund industry seeks tax sops in budget

The country's mutual fund industry is seeking tax sops from the forthcoming Union Budget.

MF exposure to banking stocks surges to Rs 76,000 crore in January

Continuing with their bullish stance on banking stocks, mutual fund managers raised exposure to the sector to a historic high of over Rs 76,000 crore in January.

MF exposure to bank stocks surges to Rs 70,000 cr in Nov

MFs collect funds from various investors for investing in securities such as stocks, bonds, money market instruments and similar assets.

MFs' exposure to bank stocks surges to Rs 63,000 cr in Oct

Mutual fund managers raised their exposure in bank stocks to an all-time high of nearly Rs 63,000 crore in October this year amid a rally in the stock market.

MFs exposure to bank stocks hits record high of Rs 56.6K cr

Mutual fund (MF) managers raised their exposure in bank stocks to all-time high of over Rs 56,600 crore in August, making it the seventh consecutive monthly rise in capital infusion.

MF exposure to bank stocks hit record-high of Rs 55K cr in July

At current levels, the MF industry has the highest exposure to banking sector since August 2009.

Mutual fund distributors' commission rises by 9% in FY'14

According to latest data available with Association of Mutual Funds in India (AMFI), the total income earned by 329 distributors stood at Rs 2,572 crore.

MFs equity exposure to software cos at over 3-yr high in March

Also, MFs continued to raise their holdings in software companies for the fourth consecutive month in March.