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Investors open wallets for equity MFs in choppy mkts

Equity mutual fund (MF) schemes have raked in Rs 46,200 crore in net lump-sum inflows in the past six months (ended February 2024), almost thrice the inflow in the previous six-month period.......

Mutual funds' equity buys hit Rs 1.7 trn in 2023, defying market swing

Mutual funds’ equity buying remained elevated for the fifth consecutive month in December, taking the net equity purchase past Rs 1.7 trillion in 2023. Illustration: Uttam......

Distributors flock to MFs as returns, flows improve

An improved showing of mutual funds (MFs) is helping the industry attract distribution talent at a brisk pace. Illustration: Dominic Xavier/Rediff.com The industry has onboarded a net of 11,600......

Indian equity markets gain significant heft in EM basket

The Indian equity markets have significantly increased in importance within the emerging market (EM) basket of stocks in recent years. Illustration: Dominic Xavier/Rediff.com Since 2018,......

Near-term positives priced in for HDFC Asset Management Company stock

HDFC Asset Management Company (HDFC AMC) reported a healthy profit after tax (PAT) of Rs 430 crore for the July-September quarter (Q2) of financial year 2023-24 (FY24). Illustration: Uttam......

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Axis Mf

News for Axis Mf

Investors open wallets for equity MFs in choppy mkts

Mutual funds' equity buys hit Rs 1.7 trn in 2023, defying market swing

Distributors flock to MFs as returns, flows improve

Indian equity markets gain significant heft in EM basket

Near-term positives priced in for HDFC Asset Management Company stock

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