Mutual funds: Debt schemes witnessed an outflow to the tune of ₹1,13,833.95 crore, reveals the latest AMFI data. Inflows into small cap schemes, meanwhile, stood at ₹3,070 crore in Sept in contrast to ₹3,209 crore in the preceding month of August.
2 min read10 Oct 2024The assets managed by the mutual fund industry increased by 40.70 per cent from ₹46.94 lakh crore in August 2023 to ₹66.04 lakh crore in August 2024.
2 min read24 Sep 2024Many distributors have disputed the data, claiming their earnings were within permissible limits.
3 min read16 Sep 2024Mutual Funds: Flexi cap mutual funds have become quite popular among retail investors. Overall, there are a total of 39 schemes in this category with total AUM of ₹4,29,311.51, the second-highest after sectoral funds, AMFI data revealed
2 min read13 Sep 2024Overall, there are a total of 179 thematic mutual funds in the entire mutual fund universe, which is – hold your breath – more than the total of all key categories put together, i.e., small cap, mid cap, large cap, flexi cap and multi-cap mutual funds
3 min read11 Sep 2024According to AMFI data for August, open-ended equity mutual fund inflows rose by 3 per cent to ₹38,239.16 crore, reflecting a positive shift in investor confidence amid subdued equity market activity.
2 min read10 Sep 2024Best mutual funds: These dozen-odd flexi cap mutual funds gave over 20 percent annualised return in the past 5 years. There are 39 schemes in the category of flexi cap funds with total AUM of ₹4.20 lakh crore as on July 31, 2024
2 min read8 Sep 2024AMFI website carries data and updates relating to the mutual fund industry in India. The website was down for several hours today reportedly on account of Microsoft outage.
1 min read19 Jul 2024Individual investors hold 61% share of industry assets, while 85% of individual investor assets are held in equity-oriented schemes, shows AMFI data for June 2024
1 min read18 Jul 2024PL Wealth Management found that 57% of equity funds outperformed benchmarks in June, with Multi Cap Funds leading. Inflows into equity mutual funds surged by 17% to ₹40,608 crore, driven by NFOs.
5 min read16 Jul 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared