by AIP Online Bureau | Dec 8, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
”Since the revision of tax laws, investments in fixed-income funds have been notably subdued. The uncertainty surrounding interest rates has further complicated investment decisions for investors. Moreover, the robust performance of equity markets has been...
by AIP Online Bureau | Sep 20, 2023 | Banking & Bancassurance, Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Net inflows into life insurance funds and small savings increased by 15 per cent and 7.5 per cent, respectively. Household investments in mutual funds (MFs) reached a record Rs 1.8 trillion during financial year 2023 (FY23), largely driven by strong inflows through...
by AIP Online Bureau | Sep 5, 2023 | Eco/Invest/Demography, Indian News, Regulation, Technology, Wealth Management/ Philanthropy
”We are working on the question of misselling that may happen by a mutual fund distributor or an agent or by someone who is the responsibility of the mutual fund,” Madhabi Puri Buch said while speaking at the fourth Global Fintech Fest Sebi has proposed a...
by AIP Online Bureau | Jun 12, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
According to the data available from the Securities and Exchange Board of India (Sebi), mutual funds infused a net sum of Rs 2,446 crore in equities as compared to a net withdrawal of Rs 4,533 crore in April New Delhi: After withdrawing capital from equities in April,...
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...
