by AIP Online Bureau | Jan 16, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The 42-player mutual fund industry mainly depends on SIPs for inflows, with equity mutual funds attracting Rs 1.6 lakh crore in 2022, way higher than Rs 96,700 crore seen in 2021 The consistent monthly increase in SIP flows have helped the industry to add Rs 2.2 lakh...
by AIP Online Bureau | Dec 25, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The assets under management (AUM) of the mutual fund industry rose by 7 per cent or Rs 2.65 lakh crore in 2022. This was way lower than a surge of nearly 22 per cent or an increase of close to Rs 7 lakh crore in the asset base seen in 2021, data from the Association...
by AIP Online Bureau | Dec 24, 2022 | Indian News, Regulation, Wealth Management/ Philanthropy
The policies would seek to balance the need for facilitating financial inclusion, encouraging new participants, leveraging economies of scale, encouraging adoption of technology, discouraging cross subsidisation across schemes, closing arbitrage opportunities if any,...
by AIP Online Bureau | Dec 9, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The Assets Under Management (AUM) of the 43-player industry rose to a record high of Rs 40.37 lakh crore at the end of November from Rs 39.5 lakh crore at the end of October. Mutual fund folios, which have been touching all-time highs since the last three months,...
by AIP Online Bureau | Oct 10, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
According to the latest monthly data from the Association of Mutual Funds in India (Amfi) released on Monday, the industry wide net AUM stood at Rs 38.42 lakh crore in September. Amfi said the month also saw the highest-ever folio addition to 13.81 crore. The retail...
