by AIP Online Bureau | Aug 21, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Debt mutual funds continue to see outflow; investors withdraw Rs 70,000-cr in Jun qtrInvestors continued to withdraw from mutual funds focused on investing in fixed-income securities for third consecutive quarter and pulled out over Rs 70,000 crore in April-June due...
by AIP Online Bureau | Jul 10, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
According to the data, the number of folios with 43 fund houses rose to 13.46 crore in June 2022 from 12.95 crore in March 2022, registering a gain of 51 lakh during the three-month period. The industry crossed a milestone of 10 crore folios in May 2021 Mumbai: Asset...
by AIP Online Bureau | Jul 8, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The lower quantum of net inflow from the previous month could be attributed to investors adopting the cautious path given the ongoing challenges to the investment environment New Delhi: Equity mutual funds witnessed a net inflow of Rs 15,498 crore in June amid...
by AIP Online Bureau | Apr 17, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The mutual fund space has been witnessing consistent growth in folio numbers in the past few years. It saw an addition of 73 lakh investor accounts in 2019-20, 1.13 crore in 2018-19, 1.6 crore in 2017-18, over 67 lakh in 2016-17 and 59 lakh in 2015-16 Mumbai: Mutual...
by AIP Online Bureau | Apr 8, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Overall, the mutual fund industry registered a net outflow of Rs 69,883 crore in March, as compared to a net infusion of Rs 31,533 crore in the preceding month Mumbai: Equity mutual funds attracted a net sum of Rs 28,463 crore in March, making it the 13th consecutive...
