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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...

MFs collect Rs 1.08 lakh cr via 176 NFOs in FY22 on retail investors’ interest

by AIP Online Bureau | May 22, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

According to the data compiled by Morningstar India, there were 176 new fund offers (including closed-end funds and ETFs) in 2021-22. These managed to collect a staggering Rs 1,07,896 crore during their inception stage This was way higher than 84 NFOs floated in...

IPO fundraising reaches all-time high of Rs 1.18 trillion in 2021

by AIP Online Bureau | Dec 23, 2021 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

The year witnessed tremendous response from retail investors as well. The average number of applications from retail was 14.36 lakh, in comparison to 12.77 lakh in 2020 and 4.05 lakh in 2019. The highest number of applications from retail in 2021 was received by...
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