Mutual Fund Industry News
MF industry to double its AUM in next 5 years: Axis MF CIO
Ashish Gupta, chief investment officer of Axis Mutual Fund, said the mutual fund industry in India, which currently has assets under management (AUM) of ₹46 trillion, is growing rapidly and it will get the next ₹40 trillion in just five years.
2 min read16 Aug 2023Mirae Asset India chief bets big on India’s growth story
Swarup Mohanty says there is plenty of room for growth for the mutual fund industry
4 min read16 Aug 2023Can AA systems and AI unlock innovation in mutual funds?
Mint mutual funds conclave debates the role of data sciences, AI and machine learning in fostering innovations.
6 min read15 Aug 2023Why multi asset allocation fund should be a part of your portfolio?
A multi-asset allocation fund should be part of a portfolio due to their ability to provide diversification across different asset classes, which helps to spread risk and potentially enhance returns.
35 min read21 May 2023Sebi has this good news for mutual fund (MF) investors. Details inside
Sebi proposes uniform total expense ratio for mutual funds. What it means for MF investors
3 min read22 May 2023Sebi proposes uniform total expense ratio for mutual funds
At present, Sebi allows asset management companies to charge unitholders of mutual fund four additional type of expenses over and above the specified TER limits
3 min read19 May 2023Mutual fund calculator: Monthly SIP required to accumulate a corpus of ₹50 Cr in 20 years
Holding units for as long as you can to take advantage of compounding and create enormous wealth is another important aspect of mutual funds.
11 min read3 May 2023How debt investors can lower their higher tax liability by investing in hybrid funds?
In order to provide investors with a diverse portfolio, hybrid mutual funds are a form of investment vehicle which typically invests in a blend of stocks, bonds, and other assets.
15 min read2 May 2023Lump sum vs SIP: How to redeem your ELSS investments?
A popular tax-saving investment under Section 80C of the Income Tax Act of 1961 is the Equity Linked Savings Scheme, or ELSS.?
8 min read29 Apr 2023How much SIP do you need to accumulate a corpus of ₹10 crore by the age of 60 years?
To accumulate a corpus of ₹10 crore at the age of 60, you need to make monthly investments as follows depending on your current age and risk appetite
6 min read25 Apr 2023Popular Topics
Budget
The 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