Aum
Recent Highlights
All Stories for Aum
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
•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
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
Infra investment trust IndiGrid to acquire power transmission company ENCIL for Rs 1,020 cr; portfolio to rise to 9 projects
•The acquisition would increase the AUM of IndiGrid by 10 percent to Rs 12,100 crore, it added.
Cholamandalam Investment raises Rs 400 cr from UK-based CDC Group through masala bonds
•In the half year ended September 2019, Cholamandalam Investment's assets under management (AUM) grew 23 percent to Rs 64,409 crore compared to Rs 52,486 crore in the year-ago period.
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
Inflows into equity MFs slump 61% in April; fixed maturity plans register Rs 17,644 cr outflow
•The average Assets Under Management (AUM) of the mutual funds rose to Rs 25.27 lakh crore in April. In the same month a year ago, the same was at Rs 23.25 lakh crore.
An abridged retelling of the Māṇḍūkya Upaniṣad, or The Upanishad of the Frog
Satwick Gade •The Māṇḍūkya Upaniṣad has deeply influenced both the Buddhist Śūnyavāda and Advaita Vedānta. A proper etymology of Māṇḍūkya is widely debated, but literally, it translates to 'The Upanishad of the Frog'
HDFC MF surpasses ICICI Prudential MF to become largest AMC in India
•As of December-end, HDFC MF manages assets to the tune of Rs 3.35 lakh crore, while those of ICICI Prudential MF stood at Rs 3.08 lakh crore, as per the latest data available with Association of Mutual funds in India (AMFI).
Mutual funds add Rs 3 lakh-cr to assets base in 2018, eyes more traction in new 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.