Mutual Fund AUM grows 7x to ₹61.2 lakh cr in 10 years
Equities have grabbed the majority of the share with 59.75% of total AUM, followed by 26.95% in debt, 8.85% in hybrid, and 4.44% in others.
Equities have grabbed the majority of the share with 59.75% of total AUM, followed by 26.95% in debt, 8.85% in hybrid, and 4.44% in others.
The mutual fund industry in India has witnessed significant growth over the last decade, showcasing the increasing trust and participation of investors in MFs as a viable investment option.
The latest findings of the report show that out of 473 fund managers, 42 are females either as primary or secondary managers spread across 21 fund houses.
Alternative Investment Funds have emerged as one of the rapidly growing segments of the investment landscape in terms of growth, says SEBI in its annual report for FY23.
Six Mutual Funds namely Axis, Aditya Birla Sun Life, HSBC, HDFC, IDFC, and Franklin Templeton slid in AUM ladder when Industry’s AUM grew by 5% in 2022
Improving economic activity, balance sheets to aid growth, but asset quality worries could play spoilsport.
Edelweiss Group’s Edelweiss Infrastructure Yield Plus fund acquires 74% stake in solar portfolio of France’s Engie Group for a reported $500 million.
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.
Gold exchange traded funds added a record 877 tonnes during 2020, nearly 231 tonnes more than the 2009 record of 646 tonnes. Experts argue much of gold's growth drivers will continue in 2021 too.
While the mutual fund industry assets under management crossed ₹31 lakh crore, MFs continued to reel under record–high redemption pressure in December. What would the new year bring?