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India MF News

08 Jul 2015

Equity MFs get retail lift, attract Rs 33,000-cr in Jun quarter

Mutual fund managers continue to keep faith in equities, putting in nearly Rs 33,000 crore in April-June 2015, primarily driven by strong participation of retail investors.

30 Jun 2015

Sebi warns MFs against misuse of investor education funds

Taking note of the rising instances of mutual fund players improperly using the investor education funds, markets regulator Sebi today asked the industry to take corrective action or else the regulator will have to step in.

28 Jun 2015

MFs try out 'mystery shoppers' to keep lid on mis-selling

To check mis-selling of mutual funds and ensure compliance with norms, fund houses have begun using 'mystery shoppers' to catch errant agents and also to get feedback from investors.

India investors

08 Jun 2015

Mutual funds log Rs 1 lakh cr inflows in April-May

Investors have pumped in over Rs 1 lakh crore into various mutual fund schemes in the first two months of the current financial year, 2015-16, with equity and money markets contributing the most.

India retail investor

29 Apr 2015

Mutual Fund industry SIP count up 18% to 73 lakh

Showing a strong surge in retail investor interest, mutual fund industry has seen the number of its new Systematic Investment Plans grow by 18 per cent to 73 lakh at the end of March 2015.

Mutual funds assets

28 Apr 2015

Retail investors' MF asset base surges 51% to Rs 2.43 lakh crore

The mutual funds assets base of retail investors rose by a staggering 51 percent to over Rs 2.43 lakh crore at the end of March 2015 as against the year-ago level.

Mutual fund houses

19 Mar 2015

MF houses want tax sops for pension products on lines of NPS

Mutual fund houses have said that tax benefits for retirement solutions should be provided on the lines of the New Pension System (NPS) as they are planning to enter pension funds sector in a big way.

16 Feb 2015

MFs plan schemes to cash in on 'Make in India' campaign

Mutual fund houses plan to come up with special schemes focused on the manufacturing sector that is expecting a big boost from the Centre's 'Make in India' initiative.

12 Feb 2015

MF assets base from smaller cities rises 31% to Rs 1.85L crore

The contribution of the country's smaller towns -- known as beyond-15 cities (B15) -- to mutual funds asset base has surged by 31 per cent over the last nine months of the current fiscal (2014-15) to Rs 1.85 lakh crore.

29 Jul 2014

Mutual funds' equity folio count rises by 84,000 in Q1 FY15

Folios are numbers designated to individual investor accounts, though one investor can have multiple folios.

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