Focus is on staying ahead on the technological front
The AUM has doubled in the past three years and is currently around Rs 67 trillion
India heads see new opportunities as Indian economy gains ground
Last month, fund houses introduced 21 new equity schemes, with another five launches already lined up for November
Asks Amfi to come up with standardised half-yearly disclosure format
However, the scheme's exposure to Indian securities should not exceed 25 per cent
In October, the equity market witnessed a sharp fall amid record selling of close to Rs 1 trillion by foreign portfolio investors (FPIs)
The last released net SIP data for July stood at Rs 8,964 crore, with gross inflows reaching Rs 23,332 cr
A haul of Rs 87,000 crore nearly doubles previous record, reeling in a lifeline for stability
Samvat 2080 closes with small and midcaps leading the charge, gold gleams with a 32% gain, and bond markets poised for stability
Move to address concerns by AMCs losing first-mover advantage due to public disclosure
Gold and silver ETFs from Nippon India Mutual Fund, the largest in the category, alone recorded a combined volume of Rs 228 crore
Move to address concerns around AMCs losing first-mover advantage due to public disclosure
Brokerages up targets as AMCs deliver earnings surprise
Inflows via SIP cross Rs 1,000 cr; Share in total SIP inflows nears 5%
According to MF executives, the surge in new investors is underpinned by the growing appeal of equity investments
Equity schemes continue to witness net inflows, driven by SIPs
In an interview with Abhishek Kumar in Mumbai, Shah says this view may not hold true if commodity prices go up sharply
Equity savings schemes offer lower-risk hybrid options with tax advantages over most other mutual fund schemes with similar risk profiles
Forecasts industry AUM to grow at 18% CAGR between FY24 and FY30