57% of equity MFs outperformed benchmarks in June; multi cap funds top chart
Out of 281 schemes, 159 funds outperformed their benchmark indices in June, according to latest report by PL Wealth Management.
Out of 281 schemes, 159 funds outperformed their benchmark indices in June, according to latest report by PL Wealth Management.
Inflows in equity mutual funds jumped 83.42% to ₹34,697 crore in May, while contributions to SIPs touched ₹20,904 crore last month, AMFI data showed.
Investor adoption of systematic investment plans (SIPs) continues to rise with monthly net inflows at around ₹19,300 crore in March 2024.
There are signs of manipulation in the SME segment, says SEBI chairperson Madhabi Puri Buch
The fund aims to instil confidence amongst the participants in the Corporate Debt Market during times of stress.
The new rule, effective from April 1, restricts intermediate pooling of funds and units by mutual fund distributors, investment advisers, channel partners, platforms and other entities.
The capital markets’ regulator frames risk management norms for debt mutual funds, which would control debt funds' portfolio and duration risks, and protect gullible investors.
Though equity MFs witnessed the seventh consecutive month of net outflows in January, AMFI's chief executive says investors will continue to tap MFs as a handy route for wealth creation.
Absence of new taxes, no tweaking of older ones, infrastructure capex focus, and stronger disinvestment intent boosts equity indices, with the Sensex recording its best Budget-day gains since 1997.
According to CRISIL Research, the Indian mutual fund industry’s assets under management can touch the ₹50 lakh crore mark by March 2025, and multiple triggers will aid this massive growth.