MF News

With this acquisition, Orowealth will have AUA of Rs.2000 crore.

Overall equity inflows contract during the month.

Overall, share of individual contribution in direct plan was 15%.

If the deal goes through, LIC MF would become the sixteenth largest fund house.

The app will not receive fresh business from January 14.

Over the next seven years, if India grows at about 7% and inflation remains around 4%, we could see a nominal growth of 11%, believes Rahul Baijal.

Most likely, wealthy individuals work with at least two advisors.

Meanwhile eight large cap companies fall off the list in December 2018.

Fund houses have started publishing daily AUM, scheme performance and NAV on AMFI website.

Before learning how to be better investors, it is imperative to unlearn the not so good money habits from 2018.

Amit Trivedi’s book ‘Sabse Bada Rupaiya’ which is based on filmi dialogues and situations to explain personal finance concepts has brought about a dramatic and filmi transformation in a teenager in real life.

HDFC’s quarterly average AUM for the quarter ending December 2018 stood at Rs. 3.35 lakh crore.

A mid-sized fund house advises distributors to transfer a portion of AUA to small sized funds to keep their earnings intact.

The fund house has launched Yes Liquid Fund, which is open for subscription till January 16.

Google trends puts SBI MF as the most searched fund house in India in the year gone by.