Growth was largely driven by mark-to-market gains amid a rally in key global markets and rising investor interest in overseas schemes as domestic markets underperformed
The passive fund could account for 30 per cent of the total mutual fund industry, said Anil Ghelani, Head of Passive Investments & Products, DSP Mutual Fund
Amfi will conduct workshops and awareness programmes targeting women, first-time investors and underserved communities, while training 10,000 mutual fund distributors
The outflow came even as the Nifty 50 rose 2 per cent in July, supported by a sharp rally in information technology stocks, which recorded their best monthly gain in six years
FPI ownership in NSE-listed companies fell to 15.1 per cent, while domestic mutual funds raised their stake for the 12th straight quarter to a record 11.6 per cent
The top AMCs, SBI Mutual Fund, ICICI Prudential Mutual Fund and HDFC Mutual Fund, saw an increase of 2.3 per cent, 3.1 per cent and 3.5 per cent, respectively in the equity value of their funds.
Bank certificates of deposit became the largest holding in debt mutual funds in FY26, overtaking government securities as taxation changes shifted investor preference towards shorter-duration schemes
The regulator is seeking stakeholder feedback on the new auction mechanism as fund houses flag closing-price uncertainty, settlement constraints and initial operational issues
Balanced hybrid funds maintain 40-60 per cent allocations to both equity and debt, offering moderate-risk investors diversification and rule-based rebalancing