MF News

They are the only fund houses to manage over Rs 5 lakh crore of MF assets each.

Majority of new branches are in B30 cities.

27 AMCs were profitable last financial year

Over half of the schemes in categories like sectoral and thematic funds, small cap funds and value funds have beaten their benchmarks by a good margin.

Noted Author and Trainer PV Subramanyam of Subramoney talks about the top business opportunities for MFDs. He also shares with us some business lessons and trends to watch out for.

Nippon India Mutual Fund has the lowest impact cost across most ETF categories.

Trichy MFD Rajee Rajesh of Banconus Finserv shares key business lessons learnt in 2023. Additionally, she also talks about ways to add more women investors.

Ashish Naik, Equity Fund Manager, Axis MF, Asit Bhandarkar, Senior Fund Manager – Equity, JM Financial, Chintan Haria, Principal – Investment Strategy, ICICI Prudential MF and Tejas Gutka, Fund Manager, Tata MF talk about the equity market and share their near-term outlook.

Alok Singh, Chief Investment Officer, Bank of India MF, Anurag Mittal, Head of Fixed Income, UTI MF, Dwijendra Srivastava, Chief Investment Officer, Fixed Income, Sundaram MF and Prashant Pimple, Chief Investment Officer, Fixed Income, Baroda BNP Paribas MF share their outlook for the debt market.

The MF industry has witnessed host of changes in 2023 like implementation of stringent KYC norms, introduction of passive ELSS and more.

Key events of 2023 that can have huge bearings on your business in days to come.

IV Subramaniam, MD & CIO, Quantum Advisors gives a quick wrap-up of 2023 and shares some pertinent pointers to make the distribution business ready for the coming year.

However, the net to gross ratio for April-November 2023 is 45% as against 54% for April-November 2022.

37 lakh investors enter the mutual fund industry during the first eight months of FY 2023-24 as against close to 27 lakh investors in the corresponding period of FY 2022-23.

Saugata Chatterjee, Co-Chief Business Officer, Nippon India MF talks about the key trends that MFDs and RIAs should look out for in 2024. Additionally, he also shares the three must-have business skills for the coming year.