Digitally invested AUM for individual investments in mutual funds will cross ₹1 lakh crore by 2021 Overall retail AUM is expected to grow around 37%
1 min read6 Feb 2019The asset base of the industry, comprising 41 players, was 23.4 trillion in the preceding three months, showing a growth of just 2.5% on quarterly basis
1 min read4 Oct 2018The assets under management of the mutual fund industry, comprising 42 players, were at Rs23.25 trillion at April-end, according to latest Amfi data
1 min read8 Jun 2018The strong inflow has pushed the asset base of equity mutual funds by more than 6% to Rs8 trillion at the end of April from Rs7.5 trillion in the preceding month
1 min read13 May 2018FundsIndia will also start selling insurance products to diversify its revenue base and increase customer loyalty, says chief operating officer Srikanth Meenakshi
2 min read12 Feb 2018SBI Life Insurance trumps competition in terms of growth, it now has to shoot for quality of business by focusing on protection plans
2 min read31 Jan 2018Mutual funds' total assets under management (AUMs) dropped 6.21% to Rs21.4 trillion at end of December, the biggest such decline since March 2015, data from Amfi showed
1 min read9 Jan 2018Pension fund managers continue to charge investment fee that they say are unsustainable. This is likely to change this year
2 min read1 Jan 2018A quick look at the key recent developments for Bajaj Finance, HPCL and UPL, and the positives going for them
1 min read29 Aug 2017Avendus Absolute Return Fund invests in Indian- listed equities and equity derivatives, and aims to generate absolute returns with lower volatility than the overall stock market
1 min read31 Jul 2017The 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