Prashant Jain was the longest-serving mutual fund manager in the industry, served for 28 years. With corpus crossing the Rs 1 trillion mark, he became the country's biggest equity fund manager in July
Among sector/thematic funds, technology funds are on average down 23.4 per cent year-to-date
Over 56% retail investors holding on to equity funds for at least 2 yrs as of March'22
The founding team and management will own the balance stake in the company, which include Pankaj Vermani, Neha Kant, and Suman Choudhary, who launched Clovia in 2013
Total assets under management in the open-ended equity fund space on December 2021 were Rs 13.33 trillion, up almost 47% over the year-ago period
The data from Indian Mutual Fund Tracker by Motilal Oswal shows that in January, six of the top 10 stocks that saw the maximum increase in value were ICICI Bank, Axis Bank and SBI
Invest via the SIP route to benefit from the volatility expected in the near term
There has been a surge in demand for residential property in the aftermath of the pandemic, but prices haven't budged much due to excess inventory
With China being a problem child for foreign investors, India has made a killing with new issuances
While the equity categories had a bumper year, the going was tough for debt fund managers
Systematic investment plan is a disciplined mode of investing in mutual funds, through which one can invest a certain amount at regular intervals
In September, there were around 38 million active or live SIPs equity accounts
In 2020, the value of growth equity deals hit a record $62.5 billion, according to data from PitchBook
An investment of Rs 10,000 in the fund on April 1, 2005, would have grown to Rs 164,888 on September 30, 2021
The peak margin norms have been implemented in phases since December 2020
Domestic investors may lend support to markets in the event of any intermittent correction, say experts
During the past one year, thematic funds have given returns of 52.27% while large-cap funds have given average returns of 45.88%
Top ten metal stocks bought by the equity funds in July included Tata Steel and Hindalco Industries
Investors take money off the table as markets hit new record highs
Industry AUM tops Rs 33 trillion as markets log new highs