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MUTUAL FUNDS NEWS
1.3 crore mutual fund accounts on hold due to incomplete KYC
Thu, May 02, 2024     Source : Economic Times
Around 1.3 crore mutual accounts are ‘on hold’ due to incomplete KYC, according to KYC registration entities (KRAs).
MUTUAL FUNDS NEWS
SEBI makes nomination optional for joint mutual fund portfolios
Thu, May 02, 2024     Source : Business Line
SEBI has set June 30 as the deadline to nominate or opt out of nomination.
MUTUAL FUNDS NEWS
Choose Aadhaar-based KYC: Once done, you may invest across fund houses
Tue, Apr 30, 2024     Source : Business Standard
Keep Aadhaar, registered mobile number and scanned documents handy before starting online procedure
MUTUAL FUNDS NEWS
Thematic MF receive highest inflows of Rs 46,000 crore in FY24. What’s your play?
Tue, Apr 30, 2024     Source : Economic Times
Sectoral and thematic mutual funds have received the highest inflows of Rs 46,137 crore in FY24 with highest being in February of Rs 11,262.72 crore, according to the monthly data released by AMFI.
MUTUAL FUNDS NEWS
AMFI knocks on SEBI doors to resolve KYC impasse
Fri, Apr 26, 2024     Source : Business Line
AMFI and SEBI are in discussions to resolve KYC validation issues impacting mutual fund investors, affecting transactions and flows
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
Investing in passive funds? Keep it simple and don’t overthink: Pratik Oswal
Wed, Apr 24, 2024     Source : Economic Times
Pratik Oswal, Head - ETFs and Index Funds, Motilal AMC, says when it comes to passive funds, keep it very simple.
MUTUAL FUNDS NEWS
Fund managers trim PSB exposure, see better value in private banks
Wed, Apr 24, 2024     Source : Business Standard
MFs pull out Rs 2,500 crore in March from state-owned lenders; replough Rs 4,900 crore into private sector peers
MUTUAL FUNDS NEWS
Small, midcap funds remain mutual fund investors' top choice in March
Tue, Apr 23, 2024     Source : Business Standard
Smallcap funds added 360,000 folios in March, second-most among equity-scheme categories
MUTUAL FUNDS NEWS
Hybrid mutual funds stage comeback; see Rs 1.45 lakh crore inflows driven by arbitrage investments
Tue, Apr 23, 2024     Source : Economic Times
Hybrid mutual fund schemes have seen a resurgence in 2023-24, garnering Rs 1.45 lakh crore in investments, driven by substantial inflows into the arbitrage category, following withdrawals in the previous f...
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