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
Equity funds on a roll, receive over 9,000 crore net inflow in December
Thanks to sustained inflow through SIPs, equity funds have received net inflow of Rs. 45,781 crore year to date (YTD).
by Ravi Samalad Jan 6, 2017
MF industry AAUM touches all-time high in December
From Rs. 16.10 lakh crore, the industry’s asset base jumped to Rs.
16.93 lakh crore in December quarter.
by Ravi Samalad Jan 4, 2017
8 out of 10 direct plan equity investors redeem within a year: Karvy
Interestingly, over 60% of direct plan investors have redeemed their investment from equity funds within 3 months in volatile market, says a Karvy report.
by Nishant Patnaik Jan 3, 2017
Individual wealth in India expected to touch Rs. 558 lakh crore by FY21: Karvy
Of the total Rs. 304 lakh crore wealth currently held by individual investors, Rs. 172 lakh crore is held in financial assets while Rs. 132 lakh crore is invested in physical assets.
by Team Cafemutual Dec 20, 2016
Just 4% of financial savings is in mutual funds: Karvy
Appetite for direct equity is declining among Indian investors, says Karvy Wealth Report 2016
by Nishant Patnaik Dec 16, 2016