Among listed AMCs, in Q1FY25, Nippon AMC recorded the highest growth of 54 per cent Y-o-Y while ABSL AMC saw least growth at 19 per cent
Surge in SIP flows, strong NFO collections drive August collection to the second highest in a month
Industry lobby group IBA wants govt and RBI to intervene
Around 2,500 MF distributors rake in Rs 14,850 cr in commissions last fiscal year
Folio growth powered by stellar performance and strategic distribution
ITI MF's asset under management (AUM) increased nearly 2.4 times to Rs 8,791 crore in July 2024 from Rs 3,698 crore in March 2023
Use parameters such as momentum, company size, and volatility to construct portfolios
Capitalmind joins the likes of Angel One and Unifi Capital in the queue for a final MF licence
Fund houses have started publishing their own stress test results for smallcap schemes every fortnight since March, amid concerns of "frothy valuations"
Index funds add 1 million folios in July, 14% of total additions
Flexicap slips to the second spot, largecap perched fourth
Investor tide swells by 1.2 million, reaching 48.1 million
The investment is the aggregate of total net deployment by active equity, passive and equity-oriented hybrid schemes
July sees cash levels climb to 5.4%, up from June's 4.6%
Focused funds are a type of mutual fund where the fund manager selects a concentrated portfolio of stocks, typically limited to a maximum of 30 due to regulatory constraints
This reflects the growing financial discipline among retail investors, helping them build wealth systematically over time, Venkat Chalasani, Chief Executive, AMFI, said
The sequential 9.4 per cent drop in July from the previous month was due to profit booking at record high levels
Fund houses to put in place whistle-blower policy, top management to shoulder more responsibilities
The company had logged a PAT of Rs 76.34 crore in the year-ago period, Computer Age Management Services Ltd (CAMS) said in a statement
Says higher tax will disrupt financialisation of savings