Mutual Funds garner over Rs 1 lakh cr in FY20 with big bets on SIPs; retail investors add more AUMs, folios
• 5 years agoSystematic 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
• 5 years agoInvestors 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
• 5 years agoGold 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
• 5 years agoThe 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
• 5 years agoIndustry 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
• 5 years agoMutual 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
• 5 years agoIt 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
• 5 years agoMutual 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
Moneycontrol • 5 years agoData 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
• 5 years agoGold 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