by AIP Online Bureau | Sep 6, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
The two-day gathering of re/insurers and others financial sector players also discussed on financial inclusion, micro insurance and focused on synergies that can be shared between the wide network of Micro Finance Institutions, non-banking finance companies, and Small...
by AIP Online Bureau | Aug 9, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
”The surge in retail investors’ interest in mutual funds has translated into impressive inflow across scheme categories. The star performer this month has been SIP, with an impressive over 33 lakh new SIP accounts registered and a record Rs 15,215 crore of...
by AIP Online Bureau | Jun 19, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Investors continued to park their money in mutual funds, with contributions in SIPs reaching a new high of Rs 14,749 crore last month, after a brief dip to Rs 13,728 crore in April. It was Rs 14,276 crore in March Mumbai: The number of systematic investment plan (SIP)...
by AIP Online Bureau | Apr 19, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
”SIP inflows for FY23 stood at Rs 1.56 lakh crore, a growth of 25.2 per cent on a year-on-year basis, with the highest-ever inflow in March at Rs 14,276 crore. With benchmark indices remaining volatile and flat for the year, investors choose mutual funds as the...
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,...
