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Inflow in equity mutual funds drops 22 pc in Nov; SIP hits fresh high at over Rs 17,000 cr

by AIP Online Bureau | Dec 8, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

”Since the revision of tax laws, investments in fixed-income funds have been notably subdued. The uncertainty surrounding interest rates has further complicated investment decisions for investors. Moreover, the robust performance of equity markets has been...
Bima Manthan: Re/insurers deliberate State Insurance Plan, RBC Framework, RBS Framework and financial inclusion

Bima Manthan: Re/insurers deliberate State Insurance Plan, RBC Framework, RBS Framework and financial inclusion

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...

Inflow in mutual fund SIPs at record high of Rs 15,245 cr in July

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...

SIP closures rise 7.4 pc month-on-month in May

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)...

Mutual Funds’ SIP collection rises 25 pc to Rs 1.56 lakh crore in FY23

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...
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