Amfi

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Amfi - Total results - 48
Mutual funds add 7 lakh folios in April; total tally surpasses 9-cr mark, reveals AMFI data
Business

Mutual funds add 7 lakh folios in April; total tally surpasses 9-cr mark, reveals AMFI data

The mutual fund industry has added nearly seven lakh investor accounts in April, taking the total folio tally to 9.04 crore, amid volatility in broader markets

Equity mutual fund inflows hit 4-month low of Rs 6,108 cr in April as stock market witnesses extreme volatility
Business

Equity mutual fund inflows hit 4-month low of Rs 6,108 cr in April as stock market witnesses extreme volatility

Inflows into equity mutual funds dropped to a four-month low of Rs 6,108 crore in April as the broader market witnessed extreme volatility on concerns over the coronavirus pandemic

Franklin Templeton MF committed to return investors money at earliest, says company president Sanjay Sapre
Business

Franklin Templeton MF committed to return investors money at earliest, says company president Sanjay Sapre

Franklin Templeton Mutual Fund, which closed six of its debt funds citing redemption pressures and lack of liquidity in the bond markets, on Monday said it is committed to return investor money at the earliest

Franklin Templeton says discussed decision to shut 6 MF schemes with SEBI; regulator saw 'reason' in move
Business

Franklin Templeton says discussed decision to shut 6 MF schemes with SEBI; regulator saw 'reason' in move

Franklin Templeton says investors will have to wait for a few months to get their money

Mutual Funds garner over Rs 1 lakh cr in FY20 with big bets on SIPs; retail investors add more AUMs, folios
Business

Mutual Funds garner over Rs 1 lakh cr in FY20 with big bets on SIPs; retail investors add more AUMs, folios

Systematic investment plan or SIP has been the preferred route for retail investors to invest in mutual funds as it helps them reduce market timing risk.

MFs garner over Rs 1 lakh cr in FY20 with big bets on SIPs amid broader market witnessed extreme volatility
Business

MFs garner over Rs 1 lakh cr in FY20 with big bets on SIPs amid broader market witnessed extreme volatility

Investors are preferring SIP option for investing in mutual funds, as the industry garnered over Rs 1 lakh crore through this route in 2019-20, up 8 percent from the preceding fiscal, even as the broader market witnessed extreme volatility amid concerns over the impact of coronavirus pandemic

Gold ETFs see inflow of Rs 200-cr in January, highest in 7 years; investors opt for safe-haven amid slowdown in global economy
Business

Gold ETFs see inflow of Rs 200-cr in January, highest in 7 years; investors opt for safe-haven amid slowdown in global economy

Gold exchange-traded funds witnessed a net inflow of Rs 200 crore in January, making it the highest infusion in seven years, as geopolitical tensions in different parts of the globe and slowdown in global economy led investors to opt for the safe-haven

Mutual funds' asset base hits all-time high of Rs 27.85 lakh cr in January-end, reveals AMFI data
Business

Mutual funds' asset base hits all-time high of Rs 27.85 lakh cr in January-end, reveals AMFI data

The mutual fund industry saw its asset base rise to an all-time high of Rs 27.85 lakh crore at the end of January, on the back of inflows in equity and debt-oriented schemes including liquid funds

Mutual fund industry body seeks clarification from tax authorities on removal of DDT, TDS introduction
Business

Mutual fund industry body seeks clarification from tax authorities on removal of DDT, TDS introduction

Industry body AMFI has sought clarification from relevant tax authorities with regard to the government's plan to scrap dividend distribution tax (DDT) on mutual funds and introduction of tax deducted at source on the income distributed by such products, fund managers and officials have said

Union Budget 2020-21: AMFI pitches for debt-linked saving schemes with tax benefits; sends proposal to Finance Ministry
Business

Union Budget 2020-21: AMFI pitches for debt-linked saving schemes with tax benefits; sends proposal to Finance Ministry

Mutual funds industry body AMFI has requested the government to allow low-cost debt-linked saving schemes, with tax benefits, to deepen bond market, and lower holding period in gold and commodity ETFs to one year from existing three years for LTCG purposes

Mutual funds add over Rs 4 lakh cr to asset base in 2019; industry expects momentum to continue in 2020
Business

Mutual funds add over Rs 4 lakh cr to asset base in 2019; industry expects momentum to continue in 2020

It was because of strong inflows into debt-oriented schemes that saved 2019 from being a "dark-dull year of investing" as inflows into equity funds has dropped this year due to a volatile market

Mutual Funds' asset base hit all time high of Rs 27 lakh cr in November on inflow in debt schemes
Business

Mutual Funds' asset base hit all time high of Rs 27 lakh cr in November on inflow in debt schemes

Mutual fund industry saw its assets base surpassing Rs 27 lakh crore-mark in November-end on the back of inflows in debt-oriented schemes including banking and PSU funds, which have a high allocation to highest rated bonds

Is fall in equity mutual funds inflow a reason for worry, it’s time to focus on economy; read this and more on Moneycontrol Pro
Business

Is fall in equity mutual funds inflow a reason for worry, it’s time to focus on economy; read this and more on Moneycontrol Pro

Data released by the Association of Mutual Funds in India show that inflows into equity mutual funds were at their lowest levels in four months in October 2019.

Gold ETFs catch investors' eye in September, attract inflows for second consecutive month
Business

Gold ETFs catch investors' eye in September, attract inflows for second consecutive month

Gold exchange-traded funds garnered Rs 44 crore in September, making it the second straight month of inflows, as trade conflicts, signs of a global slowdown and decline in equities made investors bet big on the safe-haven asset

JSW Steel raises $400 mn in overseas bond sale, second this fiscal; part of firm's $1 bn fund-raising plan
Business

JSW Steel raises $400 mn in overseas bond sale, second this fiscal; part of firm's $1 bn fund-raising plan

JSW Steel said proceeds from the $400 million bond sale will be used for capital expenditure and for other corporate purposes

Gold ETFs register first inflow in 9 months in August at Rs 145 cr on higher gold prices, weak rupee
Business

Gold ETFs register first inflow in 9 months in August at Rs 145 cr on higher gold prices, weak rupee

Gold ETFs had seen a net outflow of Rs 17.66 crore in July this year and a net outflow of Rs 45 crore in August 2018.

SEBI wants MFs to invest only in listed securities; exposure to unrated debt to be capped at 5%
Business

SEBI wants MFs to invest only in listed securities; exposure to unrated debt to be capped at 5%

SEBI has now finalised the draft amendments to the prudential norms for mutual fund schemes for investment in debt and money market instruments.

Mutual fund assets rise to Rs 25.43 lakh cr in May; fixed maturity plans continue to see outflow
Business

Mutual fund assets rise to Rs 25.43 lakh cr in May; fixed maturity plans continue to see outflow

Fixed Maturity Plans (FMPs) witnessed outflow for the second straight month in May as investors pulled out Rs 1,797 crore from the schemes, amid many non-banking finance companies grappling with debt woes

Investment in equity mutual funds drops 35% to Rs 1.11 lakh cr in FY19: AMFI data
Business

Investment in equity mutual funds drops 35% to Rs 1.11 lakh cr in FY19: AMFI data

Investors pumped in more than Rs 1.11 lakh crore in equity-oriented mutual fund (MF) schemes in 2018-19, a decline of 35 percent compared to Rs 1.71 lakh crore inflows in 2017-18, according to the industry data

SEBI seeks to make mutual funds' valuation process fairer; eases norms for raising funds via investment trusts
Business

SEBI seeks to make mutual funds' valuation process fairer; eases norms for raising funds via investment trusts

The board also approved a proposal to bring uniformity and consistency across the mutual fund industry on valuation of money market and debt securities rated below investment grade, SEBI said.