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......
In the face of tax blow, brokerages remain sanguine about the prospects of asset management companies (AMCs). Illustration: Dominic Xavier/Rediff.com A sharp correction in the shares of AMCs over......
This feat was achieved 25 years after the mutual funds industry was opened to private players.The industry now aims to achieve the next Rs 25 trillion in 5 years, reports Jash......
Industry body Association of Mutual Funds in India on Friday assured investors that a majority of fixed income mutual funds assets are invested in superior credit quality securities and such......
The Indian MF industry’s assets under management (AUM) has grown from Rs 246 million as on March 31, 1965 to Rs 22.60 trillion as on May 31, 2018. Illustration: Uttam Ghosh/Rediff.com Over......