Inflows in Sept were higher than the average flows seen in FY24
Net inflows stood at Rs 14,090 crore on strong SIP flows in September
Fund managers attribute this outperformance to a broad-based recovery in the market and a sharp surge in mid-caps and small-caps
The MF industry has not yet released the inflow data for September
The election brings an end to a two-year term of A Balasubramanian as the chairman and Radhika Gupta as the vice-chairperson
Some fund managers have been bullish on the longer-duration government bonds owing to better demand and end of the rate hike cycle
Radhakrishnan adds that the realistic expectation should be a correction in mid and smallcaps rather than a further rally in largecaps to bring down the valuation differential
Entities already registered with the stock exchange under any of the segments will not have to pay the deposit again
The growth in AUM results from both market performance and fresh investments
Even as Sebi's classification norms for MF schemes approach six years of completion, we examine the three-year rolling returns of schemes in the top categories to identify the best performers
Shadow of decline lingers in virtually all subscription-happy fund houses
Average net SIP inflows in the first five months FY24 at Rs 6,170 crore, down from Rs 7,000 crore last fiscal
As of August-end, the benchmark Nifty50 had logged gains in each of the past five months starting March and has risen almost 14 per cent during the period
In insurance, ONDC is starting off with three products - health insurance, marine insurance and motor insurance
Data shows that markets may have mispriced the disinflationary trend that is gaining traction along with a stable demand and supply situation for government bonds, said Parekh
The net folio additions in direct plans in the five-month period (April-August 2023) is 40 per cent higher than the total additions made in the previous six month period
Seek to exceed RBI's 5% ownership threshold
The market was aware that during that latest round of consultations between index providers and investors
Fiscal sees a record Rs 1.8 trillion net inflows from households
A rejig in the fund management team coupled with tweaks to the processes and strategies helps the fund house shrug off period of underperformance