Economic Times
Equity mutual funds' AUM rose 23% to Rs 27.67 lakh crore by June 2024. Sectoral/thematic funds grew 41%, multi-cap 30%, and large & mid-cap 26%. Mid c
Flexi cap mutual funds offer the fund managers the freedom to invest across market capitalisations and sectors/themes. It means the fund managers can
ELSS funds and focused funds saw outflows of Rs 445 crore and Rs 286 crore, respectively, in June.
Sectoral and thematic mutual fund categories contributed more than 50% to the total inflows in equity oriented schemes. Out of total inflows of Rs 40,
According to AMFI, industry assets reached a record high of Rs 61.16 lakh crore in June, primarily due to MTM gains and net inflows into equities.
The Fund provides a relatively cost-effective and transparent way to invest in the Indian stock market, offering investors diversified exposure to pub
SIP inflows reached Rs 213 billion, growing 53% since January. Contributions hit Rs 1.19 lakh crore, AUM at Rs 60.89 lakh crore in June. Record highs
Small cap funds have shown impressive returns over the last five and ten years, with potential for high volatility. Investment experts recommend cauti
Tax -saving mutual funds or Equity Linked Savings Schemes (ELSSs) helps you to save income tax under Section 80C of the IT Act. You can invest a maxim
Thematic funds focus on specific themes like manufacturing, real estate, and energy, carrying higher risks due to concentrated investments. Investors
HDFC Defence Fund will cease accepting new SIPs and systematic transfer plans from July 22 but continue existing SIPs. It limited investments to ₹10
Investors are heavily relying on past returns when investing in equity mutual funds, which can result in below-average returns. Analysts note a patter
The Indian mutual fund industry witnessed a surge in equity fund inflows in June, reaching a record ₹40,608 crore. SIP investments continued to grow
In June, mutual fund (MF) SIP contributions exceeded Rs 20,000 crore, totaling Rs 21,260 crore, up from Rs 20,904 crore in May. Total SIP contribution
LIC Mutual Fund named Nikhil Rungta as co-chief investment officer – equity (Co-CIO) from June 19, 2024, and notified unitholders via a notice-cum-a
The sectoral/thematic funds saw a surge of 16% in the inflows and stood at Rs 22,351. Debt mutual funds saw an out of Rs 1.07 lakh crore in June
Mirae Asset Mutual Fund has introduced the Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund, an open-ended scheme that invests in units of the Mirae Ass
Edelweiss Mutual Fund has introduced the Edelweiss Business Cycle Fund, an open-ended equity scheme that adopts a business cycle-based investing appro
HDFC Mutual Fund will restrict SIPs and discontinue lumpsum investments in the HDFC Defence Fund from July 22. The fund raised Rs 1,000 crores in a de
Seven equity mutual funds yielded over 20% returns in five years based on daily rolling analysis. Of 187 funds with five-year track records, top perfo
