SIP contributions hit highest ever of ₹17,073 cr in November
Mutual fund industry net AUM surges to ₹49,04,992.39 cr; 14 MF schemes launched last month
Mutual fund industry net AUM surges to ₹49,04,992.39 cr; 14 MF schemes launched last month
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.
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.
Ajay Tyagi, chairman of the markets regulator, says mutual funds must remember there is a difference between ‘investing’ and ‘lending’; hints at a slew of reforms for the debt market.
Mutual funds industry body AMFI cites the central bank’s ₹50,000 crore special liquidity facility for the development.
The central bank announces ₹50,000 crore special liquidity facility for mutual funds to help debt funds tide over market disruptions caused by Covid-19.