Yet net investments in active equity schemes slump 33% in same month, shows Amfi data
Investors are betting big on systematic investment plans or SIPs to generate long-term wealth, with monthly flows in the mutual fund industry through the route rising to an all-time high of Rs 13,040 crore in October. This surpassed the Rs 12,976 crore inflow seen in September, data with Association of Mutual Funds in India (AMFI) showed on Thursday. The inflows through SIPs have been above the Rs 12,000-crore mark since May. It was at Rs 12,140 crore in July, Rs 12,276 crore in June and Rs 12,286 crore in May. Prior to that, it was at Rs 11,863 crore in April. With this, total inflow has reached over Rs 87,000 crore in the first seven months of the current fiscal. This came following an inflow of over Rs 1.24 lakh crore in the 2021-22 financial year. "Markets continue to react to the global factors and domestic rate hikes. However, mutual fund investors have shown resilience and continue to invest in SIPs, with consistent contribution month on month. There is growth in overall equ
Industry insiders say MFs have gained better traction in Jharkhand due to presence of a large salaried class and strong distributor network
The fund's month-end assets under management increased to Rs6,714.5 crore in September this year, from Rs1,086.8 crore in September 2019
Between April and September, ASCI has observed 71 violations of its disclosure guidelines by financial influencers
Khara said the planned share sale of the bank's mutual fund subsidiary has been shelved for the time being
Neither day of the month nor frequency of SIP has a material impact on returns
Debt schemes account for 2% of the net inflows, passive schemes 8%
Mutual funds fail to carry high growth momentum of FY22 due to changed market conditions
There is optimism that the Rs 7 trillion mark will likely be crossed soon, given the recent momentum
Regulator will by next year have a system enabling data storage of trades between exchanges, ensuring work is not affected in a cyberattack
Avoid trying to time entry and exit from funds; hold for at least one complete cycle
Investors pulled out around Rs 6,580 crore from their SIP accounts in MF schemes for the pre-festive splurge
The analysis is based on 1,401 companies with their September-end price data since 2004
Zomato, Delhivery, Nykaa, CarTrade-there is no chance of these companies making enough money to justify their lofty valuations. Why are mutual funds then putting investors' money at risk?
'Every investor's time horizon and risk appetite is different hence I can't give a single answer for a diverse investor base'
Milestone achieved within three years of launch of first tranche
The YTM of most debt funds tops 6.5%, indicating that they can at least do better than FDs in the near future
For periods longer than 3 years, it is a good idea to explore debt mutual funds that offer indexation benefits and lower the tax outgo
The growth has come on the back of healthy growth in the order books of defence companies amid the government's focus on indigenisation and surge in exports