Angel One, Unifi set to launch first fund this year; four more likely to secure licence this year
These midcap stocks that have earned an upgrade include CG Power, Rail Vikas Nigam, ICICI Prudential Life Insurance, Polycab India, Indus Towers, Cummins India and Info Edge
Settlements to happen once a month for accounts inactive for over 30 days
39% home stretch boost powers AUM to Rs 68.6 trillion
Since November 2022, sectoral, midcap, and smallcap funds have collectively added nearly 39 million folios, which is 65 per cent of the total additions to equity funds over the past two years
MFs have the largest institutional buyers in the equity market in two of the last three years - 2022 and 2024. In 2023, they were only slightly behind foreign institutional investors (FIIs)
ITI Asset Management Limited has appointed Jatinder Pal Singh as its chief executive officer
According to the fund house, rising geopolitical tensions can be a risk for the equity market as it could hinder the free flow of goods
For indices that serve as primary benchmarks for active schemes, the AUM of these active schemes will also be included
ITC's spunoff unit to remain part of Sensex, Nifty for 3 days post-listing to help index funds navigate change
Equity schemes rake in Rs 3.5 trillion, SIPs account for over half the inflows
Easing of taxation crucial for financialisation of savings, says Amfi
Where investors find philosopher's stone, with Rs 19K crore inflow in first 11 months of CY 2024
Index fund folios double; nearly 40% jump in ETF accounts
More number of funds likely to beat the benchmark this year vis-a-vis 2023
The passive-only fund house to leverage both online, traditional channels
Says caution is warranted for segments with stretched valuations and peaking business cycles, such as engineering and capital goods or automotive
Most gilt funds and dynamic bond funds are also up more than 9 per cent, shows data from Value Research
Places beyond top 30 cities become a major source of business
This period of growth came after the 2017 reclassification of active equity schemes - a reform that made it easier for investors to identify the top performers across scheme categories