Amfi shall take necessary action i.e. blocking of such MF distributors for a period of six months: Sebi
Investors are betting big on systematic investment plan or SIP to generate long-term wealth with monthly flow in the mutual fund industry through the route continuing to be over Rs 12,000 crore for the past four months. In fact, inflows through the SIP route touched an all-time high of Rs 12,693 crore in the month of August, a latest data with Association of Mutual Funds in India (AMFI) showed. The inflows through SIP has been growing above 12,000-crore mark since May. It was at Rs 12,140 crore in July, Rs 12,276 crore in June, Rs 12,286 crore in May. Prior to that, it was at Rs 11,863 crore in April. With this, total inflow has reached to Rs 61,258 crore in the first five months of the current fiscal. This came following an inflow of over Rs 1.24 lakh crore in the 2021-22 financial year. Investors are flocking towards the SIP route for making investments as it helps investors, especially the salaried people, make the investment process simpler. "Investors don't have to think abou
Related entities acting as distributors account for a higher share of assets in such fund houses
Debt-oriented schemes received net flows of Rs 49,164 crore compared to just Rs 4,930 crore in July
The sharp spike in commission comes on the back of surge in the equity markets and sustained flows into equity MF schemes
The net inflows in July were lower compared to the net inflow of Rs 15,495 crore seen in June, Rs 18,529 crore seen in May and Rs 15,890 crore in April, according to data released by Amfi on Monday
Drop in number of firms invested in comes even as MFs' overall holding in stock market has been rising
Including mutual funds will be progressive
Experts say recent returns are a huge factor impacting incremental inflows into the market
Industry experts attributed increase in the AUM to inflows in the equity schemes, which reflects the growing confidence of investors.
Amfi releases list of large, mid, and small-caps based on H1 stock price movement
Twelve stocks are moving from mid-cap to small-cap, reveals an analysis by analyst Brian Freitas of Periscope Analytics
Over 56% retail investors holding on to equity funds for at least 2 yrs as of March'22
While large-cap funds experienced a net inflow of Rs 13,569 crore for the entire 2021-22, inflow for mid-cap funds stood at Rs 16,308 crore and the same for small-cap funds was at Rs 10,145 crore
Volatility will remain because of tightening liquidity, uncertainty on earnings growth, say market experts
Indian equity markets have been very volatile largely due to the sustained selling from the foreign portfolio investors
This comes following a net outflow of Rs 25,966 crore during 2020-21, data with Association of Mutual Funds in India (Amfi) showed
Stick to it, even if it lags its tier-I benchmark and category average
However, after mutual discussion and agreement, SEBI has given the MF industry extended timelines until July 1, 2022
Industry body Amfi has prescribed a new benchmarking system for mutual funds for each of their schemes in a bid to standardize and bring uniformity in the benchmarks