by AIP Online Bureau | Apr 1, 2025 | Data, Eco/Invest/Demography, Technology, Wealth Management/ Philanthropy
The initiative will reduce unclaimed assets in the Indian securities market and enhance investor protection. New Delhi: Investors can store and access their demat account statements and mutual fund holdings through DigiLocker beginning April 1. The initiative will...
by AIP Online Bureau | Feb 22, 2025 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Venkat Chalasani, Chief Executive, Amfi The MITRA (Mutual Fund Investment Tracing and Retrieval Assistant) platform addresses a long-standing challenge by enabling investors and their legal heirs to identify and recover inactive or forgotten MF holdings, ensuring...
by AIP Online Bureau | Feb 12, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Equity mutual fund inflows declined by nearly 4 per cent monthly to Rs 39,687 crore in January, compared to Rs 41,155 crore in December Mumbai: Despite market volatility, monthly systematic investment plan (SIP) contributions stayed above the Rs 26,000 crore mark for...
by AIP Online Bureau | Dec 31, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Rural and semi-urban areas now account for 50 per cent of the total SIP accounts in the country. Meanwhile, AUM growth in B-30 (Beyond 30 cities) outpaced the top-30 cities during this period. New Delhi: Indian mutual fund industry’s assets under management (AUM) saw...
by AIP Online Bureau | Dec 24, 2024 | Eco/Invest/Demography, Features, Wealth Management/ Philanthropy
The year 2024 saw a substantial net inflow of Rs 9.14 lakh crore, alongside a significant 5.6 crore increase in investor count and a growing popularity of SIPs, which alone contributed Rs 2.4 lakh crore, according to data from the Association of Mutual Fund Industry...
