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...
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 | 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...
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...
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...