Average ticket size of SIP is Rs.3200
AMFI data shows that the MF industry has been adding about 7 lakh SIP accounts each month on an average during the current financial year
by Priyaa Venkataraman Feb 21, 2017
Small on AUM but big on equity
Investors in Bihar, Jharkhand and Jammu & Kashmir are increasingly investing in equity funds.
by Daya R Feb 17, 2017
AAUM of MF industry reaches close to Rs.18 lakh crore in January
AMFI’s latest data shows that AAUM of the MF industry reachesall-time high at Rs.17.83 lakh crore in January 2017.
by Team Cafemutual Feb 16, 2017
AMCs conduct 7000 IAPs in ten months
Fund houses have conducted most of these investor awareness programs (IAPs) in B15 locations.
by Team Cafemutual Feb 15, 2017
Individual investors pile on equity funds despite flat markets
The AUM of individual investors in equity funds has increased to Rs.4.45 lakh crore as on December 2016.
by Daya R Feb 14, 2017
One-third of inflows in equity funds is from arbitrage funds
Of net inflows of Rs.46,000 crore in equity funds, Rs.15,000 crore has come through arbitrage funds in April-December 2016.
by Priyaa Venkataraman Feb 9, 2017
Average MF ticket size of retail segment is Rs.1.55 lakh
Overall, the average ticket size of the MF industry is Rs.3.12 lakh.
by Nishant Patnaik Feb 8, 2017
MF industry adds 7 lakh folios in January
Active participation by retail investors makes the folio count go up from Rs.5.28 crore in December to Rs.5.35 crore in January.
by Team Cafemutual Feb 7, 2017
B15 assets on the rise, reach Rs. 2.86 lakh crore
In terms of growth in percentage, B15 cities have overtaken T15 cities. In fact, it has recorded a growth of 33% in the calendar year 2016 as against 25% in T15.
by Daya R Feb 4, 2017
Financial distribution industry to grow by 10-25%: FIAI
Increase in SIP accounts and supportive equity markets will drive this growth.
by Nishant Patnaik Jan 31, 2017
7600 new distributors enter MF industry in nine months
Also, more than 11700 ARNs got renewed in April-December 2016.
by Nishant Patnaik Jan 29, 2017
Monthly inflows through SIPs touch Rs.4000 crore
Currently, the industry has over 1.23 crore active SIP accounts.
by Nishant Patnaik Jan 21, 2017
Assets of MF industry crosses Rs.17 lakh crore in 2016
AMFI’s yearly data shows that AUM of MF industry reached all time high at Rs.17.06 lakh crore in December 2016.
by Nishant Patnaik Jan 20, 2017
Eight men own the same wealth as half of the world
In India, the richest 1% hold 58% of the country’s total wealth, Oxfam study.
by Team Cafemutual Jan 17, 2017
MF industry adds close to 8 lakh folios in December
The total investor base of the industry increased from 5.20 crore in November to 5.28 crore in December, largely due to growth in equity folios.
Posted on Jan 7, 2017