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:......

Long runway of growth for AMCs

Asset management companies are likely to report strong PAT growth in Q4FY24 on the back of AUM growth Illustration: Uttam Ghosh/Rediff.com Although net inflows into equity mutual funds......

Mutual Fund Transactions Surge Online

Major fund houses report a sharp rise in online transactions, driven by changing investor habits, distributor behaviour, and fast-growing fintech platforms. Illustration: Dominic Xavier/Rediff  ......

Now you can make final PF pension withdrawal after 3 years

The board of retirement fund body EPFO has approved liberalised part withdrawals for its more than seven crore subscribers, allowing up to 100 per cent EPF withdrawal. Along with the above, it was......