News for 'Association of Mutual Funds of India'

Insurers, MFs worried about impact of Sitharaman's tax 'sop'

Insurers, MFs worried about impact of Sitharaman's tax 'sop'

Rediff.com2 Feb 2020

While the proposed new tax regime is optional for taxpayers, the finance minister has said the government eventually wants to do away with all exemptions with a lower tax-rate simplified structure.

Crypto industry faces funds dry-up, some exchanges may shut down

Crypto industry faces funds dry-up, some exchanges may shut down

Rediff.com20 Oct 2022

Several exchanges are facing a cash crunch with committed investment not coming from venture capital funds and trading activity seeing a sharp decline, reports Rajesh Bhayani.

Don't wait for Sensex to hit 21000. Buy stocks NOW

Don't wait for Sensex to hit 21000. Buy stocks NOW

Rediff.com7 Jun 2010

If you want to buy into the stock markets don't wait for tomorrow. The right time to buy stocks is NOW. And here's why...

Amfi clears air on brokerage charge

Amfi clears air on brokerage charge

Rediff.com21 Jan 2003

At 1.97 mn, new SIP openings in May lowest in 12 months

At 1.97 mn, new SIP openings in May lowest in 12 months

Rediff.com13 Jun 2022

The spike in volatility may not have impacted equity inflows, but it has weighed on new investors coming via the systematic investment plan (SIP) route. In May, 1.97 million new SIPs got registered - nearly 15 per cent lower than the previous five-month average of 2.3 million - reveals the data provided by the Association of Mutual Funds in India. Since June 2021, new SIP registrations have been upwards of 2 million each calendar month. The new SIP tally in May was the lowest in 12 months.

NRIs ahoy! You need to shift to financial savings

NRIs ahoy! You need to shift to financial savings

Rediff.com7 Jan 2019

With real estate -- NRIs's favourite investment vehicle in the past -- unlikely to do well in the near future, there is a strong case for NRIs to shift to equity and debt mutual funds, says Prateek Mehta.

Reduce choppiness in debt funds with SIPs

Reduce choppiness in debt funds with SIPs

Rediff.com20 Dec 2013

In the last few months, the 10-year G-Sec has been gyrating sharply and has crossed the 9-per cent-yield mark four times.

Small investors are cashing out of stocks

Small investors are cashing out of stocks

Rediff.com8 Oct 2010

Some of the money pulled out of mutual funds and the secondary market is coming back via public issues.

Modi to meet 15 global funds as India seeks investment to lift economy

Modi to meet 15 global funds as India seeks investment to lift economy

Rediff.com22 Oct 2020

The main purpose of the meeting is to assess their views on reforms that are required to attract long-term capital into the country.

'Invest 10-15% Of Your Portfolio In Gold'

'Invest 10-15% Of Your Portfolio In Gold'

Rediff.com1 May 2024

Gold is an excellent asset class for diversification and should be included in all long-term portfolios.

MFs saw Rs 30K cr inflow in February

MFs saw Rs 30K cr inflow in February

Rediff.com22 Mar 2017

With this, total inflows have reached Rs 3.98 lakh crore in the first 11 months of the current fiscal (2016-17). In comparison, Rs 2.07 lakh crore was invested in various mutual fund products during April-February period of 2015-16.

No MF entry, exit loads from April 1

No MF entry, exit loads from April 1

Rediff.com19 Mar 2008

The new rule follows the recommendations of the Association of Mutual Funds in India's Working Group on Standardisation of Key Operational Areas, a circular by Sebi said in Mumbai on Tuesday evening.

MF assets plunge by Rs 58,000 cr in March

MF assets plunge by Rs 58,000 cr in March

Rediff.com2 Apr 2008

India's mutual fund industry, led by market leaders Reliance Mutual Fund, ICICI Prudential and UTI MF, has witnessed a fall of over Rs 58,000 crore (Rs 580 billion) in its assets during March.Despite the fall, Reliance MF continued to be the most valued fund house in the country with Assets Under Management (AUM) of Rs 90,937.94 crore (Rs 909.37 billion) at the end of March.

10 months of current fiscal see Rs 3.7 lakh cr inflow

10 months of current fiscal see Rs 3.7 lakh cr inflow

Rediff.com9 Feb 2017

Investors have pumped in nearly Rs 54,000 crore into various mutual fund schemes in January, with liquid, income and equity funds attracting the most of the inflows.

Planning to Invest in Silver? Read This

Planning to Invest in Silver? Read This

Rediff.com22 Jan 2022

Treat silver as part of the procyclical or growth assets in your portfolio, advises Sanjay Kumar Singh.

'Are my MF returns beating inflation?'

'Are my MF returns beating inflation?'

Rediff.com17 Oct 2022

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Sebi may allow variable entry load for MFs

Sebi may allow variable entry load for MFs

Rediff.com24 Dec 2007

This will allow investors the freedom of choice based on the services they get from a distributor.

Want to earn above Rs 1 crore a year?

Want to earn above Rs 1 crore a year?

Rediff.com23 Jul 2014

In 2013-14, as many as 45 people each earned more than Rs 1 crore (Rs 10 million) commission as a mutual fund (MF) distributor. This is up from 33 in 2012-13 and 22 in 2011-12.

Why you need to watch out for April SIP numbers

Why you need to watch out for April SIP numbers

Rediff.com28 Apr 2020

Due to tax associations with the fiscal-ending, April is a month of SIP renewal. So, the April numbers will be important and may perhaps, mark a change in retail attitude.

MF exposure to bank stocks hits record high of Rs 1 lakh cr

MF exposure to bank stocks hits record high of Rs 1 lakh cr

Rediff.com19 Sep 2016

Equity fund managers' other favourites are software stocks followed by pharma, finance and consumer non-durables

MIN will stay but with a PAN-twist

MIN will stay but with a PAN-twist

Rediff.com6 Feb 2007

The Mutual Fund Identification Number (MIN), mandatory for investments above Rs 50,000 in mutual funds, is likely to stay, even though the month-old confusion over it continues.

MFs may get to invest in commodities

MFs may get to invest in commodities

Rediff.com10 Dec 2004

Sebi may review MFs' F&O limits

Sebi may review MFs' F&O limits

Rediff.com22 Oct 2005

Why you must NOT invest in too many MFs

Why you must NOT invest in too many MFs

Rediff.com6 Nov 2020

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Differing Tenures FDs: Time To Lock In

Differing Tenures FDs: Time To Lock In

Rediff.com2 May 2023

Instead of only focusing on the tenure for which the best interest rate is available, investors should also focus on their own investment horizon.

'Markets may remain sideways'

'Markets may remain sideways'

Rediff.com29 Aug 2022

'The idea is to invest where there is opportunity.'

MFs plan to launch a slew of FMPs as bond yields increase

MFs plan to launch a slew of FMPs as bond yields increase

Rediff.com8 Apr 2021

An additional factor spurring the FMP launches is MFs' desire to retain investors as many such offerings are set to mature over the next two months.

File tax return in mid-June, once all necessary info is available

File tax return in mid-June, once all necessary info is available

Rediff.com7 May 2024

Taxpayers are filing their income tax returns (ITRs) early for the Assessment Year 2024-25 (FY25). By April 29, over 592,000 returns were filed, with over 538,000 verified and 367,000 processed. Early filing allows revisions without penalties.

'Investors must not take any knee-jerk action'

'Investors must not take any knee-jerk action'

Rediff.com24 Sep 2020

T'I am not going to buy small- or mid-cap stocks at very high valuations if it doesn't make sense for the investors.'

How To Align Your Portfolio This Year

How To Align Your Portfolio This Year

Rediff.com23 Jan 2024

The bulk of an investor's portfolio should be in shorter-duration funds of up to one year portfolio duration.

Upper limits for mid-, small-caps zoom amid markets rally

Upper limits for mid-, small-caps zoom amid markets rally

Rediff.com8 Jun 2021

With India's market capitalisation surpassing the $3-trillion mark, stocks across the board are adding heft. The upper limit for qualifying as a mid-cap stock -under the Securities and Exchange Board of India's (Sebi's) definition for mutual fund reclassification - has hit an all-time high of $5.4 billion. In 2013, amid the taper tantrum sell-off, it had dropped to just $1 billion, shows an analysis done by ICICI Securities.

Gold May Touch Rs 62,000 In 2023

Gold May Touch Rs 62,000 In 2023

Rediff.com10 Jan 2023

In 2022, gold emerged as the top performer among all conventional asset classes with over 14 per cent returns mainly owing to the depreciation of the rupee.

NRIs, Are You Aware Of Indian Tax Rules?

NRIs, Are You Aware Of Indian Tax Rules?

Rediff.com12 Mar 2024

Understanding tax residency rules and maintaining proper documentation is imperative to ensure smooth tax compliance.

'A slip-up can break trust of investors'

'A slip-up can break trust of investors'

Rediff.com3 Jan 2023

'Strong regulations are crucial for the orderly development of the market.'

'Anti-India narrative has been ongoing in Maldives'

'Anti-India narrative has been ongoing in Maldives'

Rediff.com10 Jan 2024

Nasreen, who served as the director of the Indian Cultural Centre at the high commission of India in Male, Republic of Maldives, from 2019 to 2023, shared insights into the growing influence of China and Pakistan in countering India's soft power.

Keep a lower exposure to the banking sector

Keep a lower exposure to the banking sector

Rediff.com3 Dec 2013

While stocks are at cheap valuations, the volatility can be unnerving.

Small investors rush to invest in equities

Small investors rush to invest in equities

Rediff.com14 Nov 2014

Retail participation in mutual funds from beyond the top 15 cities in the country has increased remarkably in the past 18 months.

What financial gifts can you give your kids?

What financial gifts can you give your kids?

Rediff.com14 Jan 2020

Jimmy Patel, MD & CEO, Quantum Mutual Fund, suggests some valuable financial gifts for your children.

FinMin steps in, tells Sebi to revoke 100-year maturity rule for AT1 bonds

FinMin steps in, tells Sebi to revoke 100-year maturity rule for AT1 bonds

Rediff.com13 Mar 2021

Senior officials in the MF industry say while the finance ministry and regulators communicate regularly, this is one of the very few instances in many years where an issue between the two has come out into the open.