In comparison, assets under management (AUM) of the MF industry, comprising 42 players, were at Rs 19.52 lakh crore during the April-June quarter, as per latest data with Association of Mutual Funds in India (Amfi).Oct 04, 2017, 20:58 PM IST
The fund is expecting to log 35 percent growth this fiscal.Apr 06, 2017, 17:09 PM IST
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.Apr 05, 2017, 17:33 PM IST
Mutual Fund industry has added more than Rs 3.5 lakh crore to its asset base in 2016 to reach Rs 17 lakh crore mark, primarily on account of growing interest from retail investors and aggressive buying of stocks.Jan 03, 2017, 20:25 PM IST
Mutual fund industry's asset base surged by 12 percent to a record high of Rs 16.11 lakh crore in July-September quarter helped by strong participation from retail investors and robust inflow in equity schemes.
Oct 04, 2016, 15:03 PM IST
India has among the lowest mutual fund investments to GDP ratios in the world at 7 percent, offering a vast untapped opportunity for MF houses, which can leverage technology to enhance reach, a report said Tuesday.
Sep 20, 2016, 18:47 PM IST
Contribution of small towns -- known as beyond the top 15 cities (B15) -- to mutual funds' asset base in India has surged 19 percent to Rs 2.02 lakh crore in last fiscal.Aug 25, 2016, 14:31 PM IST