Small Town India Falls In Love With MFs

More than 50 per cent of SIP accounts come from semi-urban and rural areas. Illustration: Uttam Ghosh/Rediff.com India's smaller cities and rural areas give a wider picture of how the economy is......

Robust equity inflows to keep earnings growth strong for AMCs

The mutual fund industry’s QAAUM (Quarterly Average Assets Under Management) was up 37 per cent year-on-year (Y-o-Y) (9 per cent Q-o-Q) to hit Rs 59 trillion (end Q1FY25). Illustration:......

AMCs look strong but high valuations risk sharper fall in downturns

Given gains in equity prices, it is not surprising that the earnings of asset management companies (AMCs) are growing quicker. Illustration: Dominic Xavier/Rediff.com The earnings momentum looks......

UTI, SBI MFs lead small town footprint due to strong branch presence

Backed by their strong physical presence across the country, UTI Mutual Fund and SBI Mutual Fund (MF) have managed to mobilise a higher proportion of their total assets under management (AUM) from......