Big bet on SIPs: MFs garner over Rs 67,000-cr in FY18

Apr 16 2018

Retail investors are preferring SIP option for investing in mutual funds, with the industry garnering around Rs 67,190 crore through this route in 2017-18.

Investors continue to exit from gold ETFs, withdraw Rs 835 cr in

Apr 10 2018

Investors remained bearish on gold ETFs as they pulled out Rs 835 cr from the instrument in 2017-18, making it the fifth consecutive financial year of outflow.

Equity mutual funds log Rs 1.7 lakh crore inflow in FY18

Apr 09 2018

Investors pumped in over Rs 1.7 lakh cr in equity-oriented MF schemes in 2017-18, making it the fourth successive yr of net inflows, according to Amfi data.

Mutual funds' assets base surged to over Rs 23 lakh crore in FY18

Apr 05 2018

Mutual funds' assets base surged to over Rs 23 lakh crore in 2017-18, adding Rs 4.75 lakh crore to the kitty.

MFs add 32 lakh investors in 1 year on awareness campaign

Apr 04 2018

Mutual funds industry has added 32 lakh new investors over the last one year mainly due to a spirited promotion campaign by the industry, a senior Amfi official said.

Sebi to lower expenses charged by MFs to increase penetration

Mar 28 2018

Sebi decided to reduce the additional expenses charged by mutual funds by 15 basis points to aimed at increasing penetration of such products among investors.

Future Group signed as associate sponsor for Vivo-IPL 2018

Mar 16 2018

Kishore Biyani-led Future Group has been signed as an associate sponsor with Star India for the upcoming Vivo-IPL 2018.

Investors withdraw Rs 773 cr from gold ETFs in FY18 so far

Mar 11 2018

Investors pulled out Rs 94 cr from gold ETFs in Feb, taking the total outflows to Rs 773 cr from gold ETFs in FY18 mainly due to poor returns and volatility in prices.

MFs' AUM drops by Rs 21,000 cr to Rs 22.2 lakh cr in Feb

Mar 08 2018

The asset base of mutual fund (MF) industry declined by nearly Rs 21,000 crore to Rs 22.2 lakh crore at the end of February, mainly due to outflow from debt segment.

No reduction in inflows for mutual funds after LTCG, says AMFI

Feb 13 2018

The mutual funds industry does not see any reduction in the inflows of funds after the proposal of LTCG and dividend distribution tax (DDT), an official said.

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