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Mutual funds raise Rs 14,370 crore via new fund offers in June

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...

Equity MFs inflow nears 2-yr high at Rs 26,866 cr in Feb on strong NFO push

by AIP Online Bureau | Mar 9, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

”As we delve into the Feb 2024 data, we observe that there is a surge in SIP accounts, totalling 8.20 crore with 49.79 lakh new SIP registrations. This underscores investors’ unwavering commitment to disciplined wealth accumulation,” Venkat...

Bajaj Allianz Life Small Cap Quality Index Fund launched

by AIP Online Bureau | Mar 5, 2024 | Briefs, Life, Wealth Management/ Philanthropy

Bajaj Allianz Life, one of the leading private life insurers has launched the Bajaj Allianz Life Small Cap Quality Index Fund NFO which aims to leverage the growth opportunities in Small Cap Equities. The fund objective is to provide investors capital appreciation by...

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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