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SIP base rises 25% in May
However, closures of systematic investment plan also rise 7.4%; The surge in SIP inflows amid higher cancellations shows that new investors continue...
MF asset base rises by 7.6% to Rs. 29.71L crore
The average asset under management of the industry, comprising 45 players, was at `27.6L cr in Q2
MFs seek status quo on collection account with multiple banks
The plea given by the fund houses is that they are not normally big borrowers. And hence the fund houses are not borrowing money for long-term,...
Gold ETFs log `141-cr outflow in Nov on profit-booking
After seven straight months of net inflows, gold exchange-traded funds witnessed a pullout of Rs 141 crore in November primarily on the back of...
Net outflows from equity MFs at over Rs 12,900 cr in November
Equity and equity-linked mutual fund schemes saw a net outflow of Rs 12,917.36 crore in November, showed data from the Association of Mutual Funds in...