MF assets go past Rs 50 trn; SIP-tied AUM hits Rs 10 trn

The mutual fund (MF) industry added a record Rs 10 trillion to its total assets under management (AUM) in 2023, taking the cumulative tally past the Rs 50 trillion mark for the first time, in......

Fund managers line up ELSS schemes

Soon after the finance ministry cleared the haze on tax treatment of equity linked savings scheme, fund managers are lining up such policies to tap investors eager to participate in the stock......

IL&FS crisis shrinks MF debt assets

About 24 fund houses saw a decline in their debt AUMs in the past one year.Ashley Coutinho reports. Photograph: Francis Mascarenhas/Reuters 2018 was a mixed bag for the mutual fund industry. While......

Loan against MF? Yes, and it's online too

Customers need to weigh whether they will be better off selling their mutual fund holdings or taking a loan against it.Priyadarshini Maji and Sanjay Kumar Singh report. HDFC Bank, in partnership......