by AIP Online Bureau | Jun 9, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
”Profit booking in rising market along with probable expenses towards vacation, education could have led to lower investments in mutual funds in May,” Manish Mehta, National Head and Sales, Marketing and Digital Business at Kotak Mahindra Asset Management...
by AIP Online Bureau | May 11, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Overall, the 42-player mutual fund industry witnessed a sharp turnaround in April as it attracted Rs 1.21 lakh crore, on huge contributions from debt-oriented schemes, after seeing an outflow of Rs 19,263 crore seen in the previous month Mumbai: Inflow in equity...
by AIP Online Bureau | Sep 23, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
”With the latest round of interest rate tinkering by the US central bank, investors have turned risk averse and are dumping shares at will. Traders are also worried about the escalation in Russia-Ukraine conflict, which is prompting them to exit equities and...
by AIP Online Bureau | Aug 8, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The net inflows in July were lower compared to the net inflow of Rs 15,495 crore seen in June, Rs 18,529 crore seen in May and Rs 15,890 crore in April, according to data released by Association of Mutual Funds in India (Amfi)on Monday Overall, the mutual fund...
by AIP Online Bureau | Aug 1, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Foreign institutional investors remained net buyers in the capital markets as they bought shares worth Rs 2,320.61 crore on Monday, as per exchange data Mumbai: The four-day rally in equities made investors richer by over Rs 12.74 lakh crore with the benchmark Sensex...