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,...
by AIP Online Bureau | Jun 9, 2022 | Workplace/Employee Benefits
”The consistent SIP flows are supporting the net positive sales numbers in equities. Through the ongoing volatility, we see continued interest amongst retail investors to allocate to equity MFs. The spread of new flows is well diversified across...
by AIP Online Bureau | May 18, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Currently, mutual funds have about 5.39 crore SIP accounts through which investors regularly invest in mutual fund schemes The 43-player mutual fund industry mainly depends on SIPs for inflows, with equity mutual funds attracting Rs 1.64 lakh crore in 2021-22. This...
by AIP Online Bureau | Dec 21, 2021 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The report shows that India’s smaller cities are now leading the charge with 64% contribution of SIP inflows coming outside of top 10 cities that include metros and big business hubs like Bangalore and Hyderabad in 2021. There has been a gradual increase in SIP...
by AIP Online Bureau | Dec 9, 2021 | Eco/Invest/Demography, Indian News
Overall, the mutual fund industry registered net inflows of Rs 46,165 crore in November as compared to Rs 38,275 crore in October. The inflow pushed the assets under management (AUM) of the industry to an all-time high of Rs 38.45 lakh crore at November-end, from Rs...
