by AIP Online Bureau | Jan 23, 2025 | Eco/Invest/Demography, International News, Policy, Regulation, Wealth Management/ Philanthropy
China will commence the second stage of a trial program for insurers’ long-term equity investments in the first half of this year, with an amount of at least 100 billion yuan ($13.7 billion), Wu also said at the briefing. China is guiding local mutual funds and...
by AIP Online Bureau | Jul 20, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Pension & Social Security, Policy, Regulation, Wealth Management/ Philanthropy
“While bank deposits continue to remain dominant as a percentage of the financial assets owned by the households, their share has been declining, with households increasingly allocating their savings to Mutual Funds, Insurance Funds, and Pension Funds” New...
by AIP Online Bureau | Jul 14, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Investment in the mutual fund industry is continuously increasing. In June, inflow figures stood at Rs 40,608 crore. There was an inflow of Rs 34,697 crore in May with NFOs investment of Rs 9,563 crore Mumbai: Mutual fund industry witnessed strong inflow via new fund...
by AIP Online Bureau | Jun 26, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
In terms of returns, top mutual funds schemes were from the Midcap and smallcap categories Mumbai: Indian equity markets gave stellar returns in the first six months of 2024. The Sensex was up nearly 8 per cent and Nifty was up nearly 9 per cent so far this year. The...
by AIP Online Bureau | May 19, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
“Additionally, the steady increase in SIP contributions, which reached a new peak of Rs 20,371 crore in April 2024, indicates that investors are becoming more disciplined and confident in the market,” Feroze Azeez, Deputy CEO, Anand Rathi Wealth Ltd, said...