Coming soon: One MF to cater to all your goals
New players up the ante in target-dated funds or modelled portfolios while traditional ones innovate to catch up with a developing trend.
New players up the ante in target-dated funds or modelled portfolios while traditional ones innovate to catch up with a developing trend.
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.
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?
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.
Although bourses are roaring, SEBI data shows mutual fund managers have been playing smart by continuing to be net sellers of equities, even in the month of November.
Foreign portfolio investors have seen ₹60,358 crore net inflows in equity, helping reverse March’s record equity outflow of ₹61,973 crore.
Net equity inflows of mutual funds were 14.9 times higher than foreign portfolio investors’ ₹6,152 crore at end of the fiscal year ending March.
AMFI data reveals that industry’s net AUM fell over ₹4.96 lakh crore over February, and down nearly 5% compared to March 2019.
Net equity investments of mutual funds fell over 55%, while their investments in debt rose over 59% compared to 2018.