Page 6 - Sip Mutual Funds

Expecting daily positive moves in stock market is unreasonable: Parekh

Valuations are high in companies in defense, railways, engineering, new energy, and the power sectors, Parekh of DSP Mutual Fund said in an exclusive interview

Why are DIIs buying heavily ahead of Lok Sabha elections? Analysts weigh in

Between January and May 28, DIIs have purchased shares worth Rs 1.97 trillion. In May alone, DIIs bought shares worth Rs 44,952.16 crore

Average SIP size up 9.6% at Rs 2,340 in April: Where are Indians investing?

Equity schemes saw the highest growth in open-ended schemes year-on-year, with an increase of 52 schemes. A significant portion of this growth (nearly 34 schemes) came from thematic funds

Election-related market volatility: Time for MF investors to start SIP?

Mutual fund investment strategy: Mutual fund investors, meanwhile, have been rejigging their portfolios amid a surge in equity volatility

Share of North East in MF assets more than doubles to Rs 40,324 cr in 4 yrs

The share of North East in overall mutual fund assets in the country more than doubled in the last 4 years to Rs 40,324 crore in March 2024, spurred by increased awareness and growing interest among retail investors to invest in equities, a report by ICRA Analytics said. Also, this signals a growing appetite among investors from smaller towns and cities to invest in mutual funds. The combined share of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura rose to 0.73 per cent of the total average asset under management (AAUM) of the mutual fund industry, which stood at Rs 55.01 lakh crore in March 2024. The share was around 0.67 per cent in March 2020, when the industry's AAUM was at Rs 24.71 lakh crore. Data for Sikkim was not provided. In March 2020, these states had an asset base of Rs 16,446 crore as compared to Rs 40,324 crore in March this year. "Though the contribution of these states to the total AAUM of the industry is still small in percentage terms,

Equity MFs inflow drops 16% to Rs 18,917 cr; SIPs at over Rs 20K cr mark

Equity mutual funds attracted Rs 18,917 crore in April, marking a slump of 16 per cent from the preceding month, on a huge decline in inflow in large-cap funds. This also marks the 38th consecutive month of net inflows in equity funds, data with the Association of Mutual Funds in India (AMFI) showed on Thursday. Moreover, monthly Systematic Investment Plan (SIP) contributions crossed the Rs 20,000 crore mark and reached an all-time high of Rs 20,371 crore in April compared to Rs 19,271 crore in the previous month. Overall, the mutual fund industry has witnessed an inflow of Rs 2.4 lakh crore in the month under review after experiencing an outflow of Rs 1.6 lakh crore in March. The huge inflow was due to investment of Rs 1.9 lakh crore into debt schemes. As per the data, equity-oriented schemes witnessed an inflow of Rs 18,917 crore in April, way lower than Rs 22,633 crore in March and Rs 26,866 crore in February. Barring equity-linked saving schemes (ELSS), which saw an outflow of

Explained: Sebi tightens reigns on mutual funds to prevent insider trading

The Securities and Exchange Board of India (SEBI) has taken a strong stance against front-running and insider trading in mutual funds. Business Standard explains the key decisions made by Sebi;s board

Mutual funds take the passive route in search for differentiation

Passive space set for innovative offerings as MFs look to leverage higher flexibility

Mutual funds SIP investments increase 28% to Rs 2 trillion in FY24

Buoyant economic outlook and increased market participation helped drive the inflows in the mutual fund industry through systematic investment plans or SIPs route to record Rs 2 lakh crore in 2023-24, marking a rise of 28 per cent year-on-year. In comparison, an inflow of 1.56 lakh crore was witnessed through this route in 2022-23, Rs 1.24 lakh in 2021-22 and Rs 96,080 crore in 2020-2021, data with the Association of Mutual Funds in India (Amfi) showed. Moreover, mutual fund SIP contribution has seen over four-fold rise during the last seven years. It was Rs 43,921 crore in 2016-17. Additionally, SIP book has also grown consistently from Rs 14,276 crore in March 2023 to an all-time high of Rs 19,270 crore in March 2024, indicating a growth of 35 per cent. The SIP contributions consistently exceeding Rs 19,000 crore for two straight months in February and March this year signal a shift towards a more disciplined investment strategy among investors. "This disciplined approach is fur

PGIM India MF launches retirement fund; StanChart offers 7.5 mn shares

Standard Chartered Bank is offering up to 7.5 million shares in Central Depository Services India (CDSL) in a placement

SIP's full cup: Lowest stoppage ratio in over two years, shows data

SIP account discontinuation moderated in February, despite the regulator highlighting valuation concerns in the mid and smallcap space

How to invest your money in a volatile market? Motilal Oswal draws up a plan

MOPW recommends a focus on Large Caps and Multicap funds for new equity investments

Best large cap equity fund award goes to ICICI Prudential Bluechip: Check full list here

These awards are determined by a combination of risk-adjusted medium- to long-term performance track records and Morningstar's forward-looking rating for funds.

Equity mutual fund flows hit two-year high on NFOs and robust SIPs

Smallcap schemes see moderation in flows as Sebi takes stock of risks

Majority of states, union territories have single-digit MF penetration

Per capita investment is less than Rs 10,000 in eight of them

'Bite-sized SIPs will lead to doubling of MF's AUM to Rs 100 trn by 2030'

Bite-sized SIPs generated from growing household savings are billowing sufficiently to push India's mutual fund industry to double its AUM in 5 years, expects Axis Capital's Praveen Agarwal

Spike in new MF investors as bull run continues, scheme launches pick up

MFs add 1 million new investors in January, highest in nearly two years

Largecap heavy funds back in reckoning as smallcap fever recedes

In a first in 17 months, largecap, flexicap funds outpace smallcap schemes in terms of flows

Mutual fund equity deployment tops Rs 1 trillion in 5 months, shows data

The MF deployment in equity funds is linked to the investor inflows into equity and hybrid funds. In the last two months, equity schemes have received a net of Rs 38,800 crore

Valuation to risks: What's in store for mutual fund investors in 2024?

Global interest rate trajectory and its impact will determine the direction of equities