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Inflow in equity mutual funds drop 68% in April to Rs 6,480-cr

by AIP Online Bureau | May 11, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Overall, the 42-player mutual fund industry witnessed a sharp turnaround in April as it attracted Rs 1.21 lakh crore, on huge contributions from debt-oriented schemes, after seeing an outflow of Rs 19,263 crore seen in the previous month Mumbai: Inflow in equity...

Indian regulator plans to allow mutual funds with performance-based fees

by AIP Online Bureau | Apr 23, 2023 | Indian News, Wealth Management/ Philanthropy

According to the plan, the base fees currently charged for mutual funds would be reduced and additional charges would be based on performance Mumbai: India’s market regulator is planning to permit a new category of mutual fund schemes where asset managers’...

Mutual funds invest Rs 1.82 lakh cr in equities in FY23 on strong push from retail investors

by AIP Online Bureau | Apr 10, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

The Indian retail investors have warmed up to equity mutual funds and in fact, these have become their preferred investment option in volatile times. SIPs (Systematic Investment Plans) continue to be a popular investment method among retail investors Mumbai: Mutual...
Proposals in Finance Bill on debt mutual funds, STT likely to adversely impact market: Experts

Proposals in Finance Bill on debt mutual funds, STT likely to adversely impact market: Experts

by AIP Online Bureau | Mar 25, 2023 | Eco/Invest/Demography, Indian News, Policy

Among other proposals, the bill has proposed that from April 1, investments in debt mutual funds will be taxed as short-term capital gains. The move would strip investors of the long term tax benefits that had made such investments popular. New Delhi: The changes...

Mutual funds’ collection through NFO drops 38% to Rs 62,000 crore in 2022

by AIP Online Bureau | Feb 19, 2023 | Data, Eco/Invest/Demography

“The year 2022 was relatively dull with low single-digit returns on a couple of key market-cap based indices while some even trod into the negative territory. A combination of inflation-interest rate dynamics, geopolitical upheavals and consequent economic...
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