MF News

Also, the MF industry added close to 60 lakh new folios last month.

Majority of wealthy Indians look at the track record and reputation of the wealth managers before choosing them.

Kishore was the Deputy Managing Director of State Bank of India.

The fund house had allegedly charged excess expenses.

The new fund house will focus on passive funds.

Repo transactions happen between two fund houses to manage short term liquidity needs.

Overall, AMCs earn 30 bps on assets they manage in FY 2024.

Such a proportion for retail investors is 60%, shows the latest AMFI data.

These three scheme categories account for over 92% of the top SIP inflows.

Arun Sundaresan, Head-ETF, Nippon India Mutual Fund talks about opportunities in the auto sector, Nippon India Auto Index Fund and more.

Arun Sundaresan, Head-ETF, Nippon India Mutual Fund talks about opportunities in the real estate sector, Nippon India Realty Index Fund and more.

Latest AMFI data reveals the asset composition of individual investors.

Amit Arora, Co-Head – Retail Sales, Bandhan MF, Neelesh Verma, Product Head & AVP - Mutual Funds & NPS, Zerodha, Nikhil Kothari, Director, Etica Wealth and Vishal Dhawan, Co-Founder, Plan Ahead Wealth Advisors gave their insights on the future of distribution at Confluence 2024 in a panel discussion moderated by Nishant Patnaik, Associate Editor, Cafemutual.

The campaign called Naye Nazariye Ki Udaan highlights the importance of early financial planning.