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MUTUAL FUNDS NEWS
Mutual fund folio addition: Smaller towns steal a march over big cities
Fri, Apr 26, 2024     Source : Business Standard
According to MF officials, the industry witnessed strong growth across metrics in FY 2024 on the back of a sharp rally in the equity market
MUTUAL FUNDS NEWS
Small, mid cap funds saw massive surge in folios in March
Thu, Apr 25, 2024     Source : Mint
Although small cap mutual funds saw redemption in the month of March, the number of new mutual fund folios in this category hit a whopping 3,63,000 in the last month of FY2024, showed the AMFI data.
MUTUAL FUNDS NEWS
Mutual Fund folios nearly double in last five years, driven by retail investors
Thu, Apr 18, 2024     Source : Business Line
According to ICRA Analytics, mutual fund folios nearly doubled from 8.97 lakh crore in March 2020 to 17.79 lakh crore in March 2024, with total assets under management more than doubling from ?22.26 lakh c...
MUTUAL FUNDS NEWS
Share of women mutual fund folios and assets in B-30 cities reflects growth: AMFI report
Tue, Mar 12, 2024     Source : Economic Times
The share of women's mutual fund folios and assets has shown prominent growth in B-30 cities, states a report by AMFI.
MUTUAL FUNDS NEWS
Nippon MF, ICICI Pru MF add highest folios in FY23
Mon, Apr 17, 2023     Source : Business Line
It was followed by ICICI Prudential MF and HDFC MF, which recorded a folio growth of 13 per cent and 15 per cent in FY23 respectively
MUTUAL FUNDS NEWS
Why you should hurry to provide nomination details in old MF folios
Thu, Mar 23, 2023     Source : Economic Times
Regulatory guidelines require investors to have a nominee for all their mutual fund folios, or inform the fund house they do not wish to have one by March 31. Else, their folios will be frozen for debits.
MUTUAL FUNDS NEWS
Nippon India's ETF head charts journey to nearly 1 crore folios
Thu, Oct 06, 2022     Source : Mint
Active funds were earlier only benchmarked against price return index, which was not appropriate, saysHemenBhatiaof Nippon Life India Mutual Fund.
MUTUAL FUNDS NEWS
No online transactions in MF folios with wrong phone numbers from Oct: CAMS
Thu, Sep 29, 2022     Source : Business Standard
According to the registrar and transfer agent (RTA), the phone number and email ids can be the same only for those folios which are linked to the same PAN card.
MUTUAL FUNDS NEWS
Equity folio additions fall in June amid volatile markets
Tue, Jul 19, 2022     Source : Economic Times
ET Intelligence Group: The pace of folio addition has tapered off amid choppy market conditions and a three-month embargo up till June on new fund offerings.
MUTUAL FUNDS NEWS
Amid steep surge in equity markets, Mutual funds add over 3 crore folios in FY22
Mon, Apr 18, 2022     Source : Mint
Increasing awareness about mutual funds, ease of transactions through digitisation and sharp surge in equity markets have aided asset management companies to add a staggering 3.17 crore investor accounts i...
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