With the new additions in 2023, the number of Nifty index-linked global passive funds has gone up to 21
Hybrid MF offering rakes in close to Rs 6,000 crore in FY 2024 so far
The last time ETFs trailed the mutual fund industry was in 2013, when the ETF AUM had declined 11 per cent despite the industry's assets growing 9 per cent
MFs emerged as a key support for the market in the calendar year 2022 amid a sharp pullout by foreign investors
The equity market witnessed a sharp rally last month. The benchmark Nifty50 rose by 5.5 per cent, the most since July 2022
So far this calendar, domestic funds subscribe for shares worth Rs 5,577 cr in anchor category, while FPIs Rs 5,417 cr
P/E multiple expansion in smallcaps and midcaps sharper than largecaps
LIC MF ranks 23rd among fund houses in terms of assets under management (AUM). In the September 2023 quarter, the fund house's average AUM was Rs 24,257 crore
Mutual funds' average holding in Smallcap 250 Index companies peaks at 9.26%
The industry's overall AUM rose 5 per cent to Rs 49 trillion, largely owing to the value appreciation of equity holdings
Net lump sum investments jump manifold during Aug-Oct period
The assets under management of active smallcap schemes experienced a slight decline, even as smallcap indices registered double-digit gains in November
Active equity schemes have raked in a net Rs 1.3 trillion in the first 10 months this year
Industry onboards 11,600 distributors since April, over 2x FY23's
Nifty ascends 5.5% in November, marking its strongest increase in 16 months
Extended drop in US bond yields and dollar fuels optimism of earlier-than-expected interest rate decline
Improved share of assets outperforming benchmarks to propel growth, says KIE
AUM, which took 24 mths to go from Rs 30 trn to Rs 40 trn, will add next Rs 10 trn in 12 mths
We believe US rates have peaked, and the US Federal Reserve can start easing in the second half of 2024. However, the same cannot be said for Indian policy responses
SIP account additions and SIP inflows from B30 have been growing at a faster pace than from T30