by AIP Online Bureau | Sep 11, 2023 | Data, Policy, Regulation, Wealth Management/ Philanthropy
The overall AUM for retail investors’ bets on equity and hybrid schemes was at Rs 24.38 lakh crore across 12.30 crore portfolios as at end-August Mutual fund SIPs touch record high in Aug, RBI’s CRR move impacts debt AUMs: AMFIInvestors poured in a record...
by AIP Online Bureau | Jun 19, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Investors continued to park their money in mutual funds, with contributions in SIPs reaching a new high of Rs 14,749 crore last month, after a brief dip to Rs 13,728 crore in April. It was Rs 14,276 crore in March Mumbai: The number of systematic investment plan (SIP)...
by AIP Online Bureau | Mar 13, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
”With the central bank’s focus on moderating inflation, the monetary policy has been tailored to ensure a disinflation process. Despite expectations around the February rate hike of 25 basis points likely being amongst the last, largely owing to a...
by AIP Online Bureau | Oct 10, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
According to the latest monthly data from the Association of Mutual Funds in India (Amfi) released on Monday, the industry wide net AUM stood at Rs 38.42 lakh crore in September. Amfi said the month also saw the highest-ever folio addition to 13.81 crore. The retail...
by AIP Online Bureau | Jun 21, 2022 | Indian News, Wealth Management/ Philanthropy
`It has been observed that some of the Asset Management Companies (AMCs) are proposing to introduce bundled products and some existing MF schemes have such bundled products with insurance features in their investments schemes like SIP INSUR(Systematic Insurance...