Plans to give index funds, ETFs exemption from 25% investment cap in group firms
SBI, DSP, PGIM India among fund houses that have stopped paying the fee
Shares held by active MF schemes decline 40% to 173 million
MFs add 1 million new investors in January, highest in nearly two years
Set to surpass previous year value of Rs 1.2 trillion
Calendar 2024 will likely be a year of transitions. In 2023, the debate in the market was mostly around the completion of interest rate hike cycle, but this year it's about elections
PPFAS, Quantum, Mahindra Manulife among those to launch new products
Tawakley expresses confidence in domestic cyclicals driving future performance
The companies are likely to remain on the growth path in the coming quarters too, say brokerages
Top 10 funds sitting on Rs 12,160 cr cash, up 40% from Aug '23; cash as percentage of AUM rises to 6.1%
The tailwinds are emerging from several fronts - policy reforms like Production-Linked Incentive (PLI) and Make in India, global supply chain diversification, investments and capacity utilisation
MFs bought 88.2 million shares in January after selling 53.3 million shares during the November-December period
In a first in 17 months, largecap, flexicap funds outpace smallcap schemes in terms of flows
Timeline not fixed, choice of fund will depend on investor demand
WEALTH GROWS SIP BY SIP: AUM and active accounts skyrocket 8x; monthly inflows achieve a 6x soar since 2016
With new CEO at helm, fund house to focus on performance, distribution reach
The MF deployment in equity funds is linked to the investor inflows into equity and hybrid funds. In the last two months, equity schemes have received a net of Rs 38,800 crore
Strong start to new calendar year with gross inflows topping Rs 50K crore; Industry AUM nears Rs 53 trillion
Proposals shared include linking MFs' foreign investment limit to forex reserves
Choudhary says he expects the central bank to start cutting rates by mid-CY 2024