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Fairfax looks to settle mutual fund cross-holding norms case with Sebi

Fairfax looks to settle mutual fund cross-holding norms case with Sebi

by AIP Online Bureau | Aug 30, 2022 | Eco/Invest/Demography, Indian News, Reinsurance

The capital markets regulator, in October 2021, issued a show cause notice against Fairfax Financial Holdings Limited (FFHL), the ultimate parent entity of Fairfax Group, alleging a violation of mutual fund rules by FFHL, according to the draft IPO documents of Go...

Equity mutual funds’ inflow drops 43% to Rs 8,898 crore in July

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...

Investors bet big on SIP; inflows climb 30% to Rs 1.24 lakh cr in FY22: AMFI

by AIP Online Bureau | May 18, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Currently, mutual funds have about 5.39 crore SIP accounts through which investors regularly invest in mutual fund schemes The 43-player mutual fund industry mainly depends on SIPs for inflows, with equity mutual funds attracting Rs 1.64 lakh crore in 2021-22. This...

Equity-oriented funds drive MF assets to record high in 2021 at Rs 37.7 lakh cr : Report

by AIP Online Bureau | Jan 13, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

2021 saw investors put a larger amount of their money in equity-oriented funds, drawn by the strong gains in the underlying equity markets. While equity funds got net inflows of Rs 91,000 crore, passive funds saw Rs 1.14 lakh crore coming in and hybrid funds Rs 1.02...

Mutual funds add Rs 7-lakh crore to kitty in 2021; Omicron, rate hikes possible red flags for 2022

by AIP Online Bureau | Dec 26, 2021 | Indian News, Wealth Management/ Philanthropy

Mutual funds saw net inflows of Rs 1.93 lakh crore in 2021 (till November). This included Rs 71,600 crore into equity schemes and Rs 14,500 crore into debt schemes New Delhi: Mutual Funds as an investment avenue won the confidence of investors in 2021 with the...
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