The total AUM rose 40 per cent or Rs 6.3 lakh crore, to Rs 23 lakh crore at the end of November.
Should you invest in mutual fund IPOs? Check this out.
Mahavir Chopra compares mutual funds and Ulips to help investors decide.
A significant majority (57%) of India's investment advisors are concentrated in just five metro cities, leading to concerns about financial inclusion and the spread of financial market products beyond urban centres, according to a Business Standard analysis of Sebi data.
Mutual funds' equity buying remained elevated for the fifth consecutive month in December, taking the net equity purchase past Rs 1.7 trillion in 2023. The aggressive buying in December indicates that flows into equity funds are likely to have remained unaffected by the sharp run-up in the market last month. Mutual funds (MFs) bought equities worth Rs 23,000 crore last month (until December 28) compared to Rs 18,000 crore in November, shows data from the Securities and Exchange Board of India (Sebi).
L&T Housing Finance on Thursday announced selling L&T Investment Management (LTIM) to HSBC Asset Management (India) at $425 million. LTIM is the investment manager of the mutual fund business of L&T. The divestment of the mutual fund business is in line with the strategic objective of L&T Finance Holdings of unlocking value from its subsidiaries to strengthen its balance sheet, it stated in a press release. The data from the Association of Mutual Funds in India (Amfi) shows L&T Mutual Fund (MF) has average assets under management (AAUM) worth Rs 78,273.80 crore, while HSBC MF has AAUM of Rs 11,314.32 crore as in the July-September quarter.
It is important to note that the 'right time to redeem' does not mean that there is a timing element involved over here.
The biggest risk of investing in a mutual fund is one of underperformance.
A close look at six mutual funds which investors can consider for fulfilling their long term goals.
The mutual fund (MF) industry had an action-packed 2023 as it tackled the scrapping of tax benefits for debt fund investors and surging flows into equity funds.
Viresh Joshi, a former chief trader and fund manager of Axis Mutual Fund, has been arrested under the anti-money laundering law in a case linked to alleged cheating of investors to the tune of Rs 200 crore by 'front-running' in trade activities, the Enforcement Directorate (ED) said on Sunday.
It's time to start planning your tax investments. Here are some new tax saving funds funds that have hit the market.
Equity investing is still fraught with peril and is riddled with sink holes that investors need to be wary of
The Enforcement Directorate on Monday questioned Yes Bank co-founder Rana Kapoor as part of a money laundering investigation against Reliance Anil Ambani group companies, officials said.
Indian investigators are tracing the supply chain of a US-manufactured GoPro camera found with Lashkar-e-Taiba terrorists, revealing a potential external logistics network supporting terror outfits in Jammu and Kashmir.
The finance minister gave a reason to cheer to mutual fund investors last week. After the announcement of the Budget, the stock markets rose sharply.
Should you invest in mutual funds for the long term or the short term? Should you have a look at a mutual fund's rating before investing money in it? Which are the best mutual funds available today that can give you good returns? Expert's tips.
Here's how you can get the best out of your mutual fund investment.
Here are five red flags that should prompt you to look beyond a mutual fund's five-star rating.
Aadhaar-based verification and video-based in-person verification for e-KYC have made investing in mutual funds a breeze
In this article, we discuss the various strategies that mutual funds can utilise and how they stand to benefit from the same.
Retail investors planning to 'return' to the stock markets, may want to evaluate mutual funds a little more objectively.
The insurance company has formed a four-member committee headed by LIC chairman TS Vijayan to decide the valuation of LIC Mutual Fund.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The upcoming new regulations will help make schemes more efficient.
Investing in global mutual funds has its share of risks and benefits. Here's everything you need to know about investing globally.
Contributions to mutual fund schemes through systematic investment plans or SIPs remain unfazed from the market volatility in 2022 with inflow growing to Rs 1.5 lakh crore in 2022, a surge of 31 per cent from a year earlier, due to higher retail participation. In comparison, an inflow of Rs 1.14 lakh crore through the route was registered in 2021 and Rs 97,000 crore in 2020, data with the Association of Mutual Funds in India (AMFI) showed. Going ahead, SIP numbers are expected to continue to remain strong in 2023 as investors are increasingly appreciating the importance of regular investing through the route, Kaustubh Belapurkar, director - manager research at Morningstar Investment Adviser India, said.
Find out which kind of mutual fund scheme you should invest in by taking into account your financial goals and investment time horizon.
Debt funds are not risk-free, they can give negative returns and they are also meant for retail investors like you and me, writes Himanshu Srivastava as he debunks three commonly-held myths about debt mutual funds.