MF News

Hitesh Thakkar, Acting CEO, ITI Mutual Fund feels that India is a land of opportunity as every MFD can reach out to 9300 investors. He also talks about key pillars of ITI Mutual Fund and more.

Of the total monthly gross SIP inflows of Rs.1.42 lakh crore in April-December 2023, the industry saw net SIP inflows of Rs.62400 crore in April-Dec 2023, which is 44% of the total SIP inflows.

Small cap funds saw maximum AUM growth across all fund categories.

While SBI MF has the largest AUM in direct plans, Bajaj Finserv MF receives the highest proportion of its total assets from direct plans.

SBI MF, HDFC MF and ICICI Prudential MF are the top three and only fund houses to manage over Rs 1 lakh crore of B30 assets, each.

Bajaj Finserv MF believes that markets will stay above fair valuations.

Nominate yourself by January 19, 2024 and stand a chance to win award at the upcoming Cafemutual Ideas Fest 2024.

Also, Angel One MF awaits the final go ahead of SEBI.

AMFI has asked its members not to misuse the training money to incentivize distributors with rewards or junkets.

With close to Rs 7 lakh crore of T30 assets, SBI MF takes the top spot. ICICI Prudential MF and HDFC MF follow next.

Sensex over 70,000 makes investors rethink their investment portfolio, know how to guide them better.

ITI MF talks about navigating risks to create a solid investment portfolio

In an interview, Vishal Jain, CEO, Zerodha Fund House says that the MF industry can bring more investors through passive funds as they are simple to understand. He also talks about future plans of Zerodha MF and more.

Belgaum MFD Anita Datta Kanbargi talks about the necessary business skills for 2024. Additionally, she also shares her views on untapped investor segments that hold huge business potential.