Gold ETFs attract Rs 731 cr in April; coronavirus pandemic severely hit equity investments, global economy
Gold exchange-traded funds have been gaining traction from investors and have attracted Rs 731 crore in April amid increased risk-aversion as the coronavirus pandemic severely hit equity investments and the global economy
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 shuts six schemes: 'Do not get side-tracked by isolated event, focus on investment goals', says AMFI to investors
The statement by the industry body came after Franklin Templeton Mutual Fund voluntarily decided to wind up its six debt schemes citing redemption pressure and lack of liquidity in bond markets due to coronavirus pandemic.
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
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
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
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
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 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
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
Equity mutual funds witnessed a net inflow of around Rs 6,489 crore in September, the lowest in the last four months, due to profit-booking by investors after a rally in markets following a reduction in corporate tax
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
Amid market volatility and political uncertainty, inflow to equity mutual funds plunged by 60 percent to Rs 6,158 crore in January this year against Rs 15,390 crore seen in such schemes in the same month last year
Mutual funds have added a whopping Rs 3 lakh crore to their asset base in 2018 and the uptrend may continue in the new year, helped by a consistent rise in the SIP flows and strong participation of retail investors despite volatile markets.
According to Association of Mutual Funds in India (AMFI) data, the asset under management (AUM) of the industry, comprising 41 active players, stood at Rs 22.06 lakh crore at the end of September, as compared to a record Rs 25.20 lakh crore in August-end.
Mutual funds have 2.33 crore SIP accounts through which investors regularly invest in Indian mutual fund schemes.
Rupee hits fresh record low: Falling currency a double-edged sword for Indian economy, warn analysts
The weaker rupee will help India sell goods and its huge services sector in overseas markets, but the country is a massive importer of oil, securing more than two-thirds of its needs from abroad.
The AUM of the industry, comprising 42 players, was Rs 22.86 lakh crore at the end of June, according to the data by Association of Mutual Funds in India
Equity mutual funds saw an inflow of nearly Rs 33,000 crore in the first quarter of the current fiscal, a surge of 15 percent year-on-year, underpinned by strong participation from retail investors, especially in small towns.
Trading in gold ETF segment has been lukewarm during the last five years