MF News

Chandraprakash Padiyar, Senior Fund Manager, Tata Mutual Fund, George Thomas, Fund Manager – Equity, Quantum Mutual Fund, R. Janakiraman CIO – Emerging Market Equities - Franklin Templeton India AMC and Sorbh Gupta, Senior Fund Manager – Equities, Bajaj Finserv AMC give us their opinion on the equity market.

Overall, the industry has a T30-B30 asset mix of 81:19.

The move will ensure that AMCs get the first mover advantage.

SEBI proposes fund houses to go slow on fund raising during the time of expensive valuations.

Navneet Munot, Chairman, AMFI and MD and CEO of HDFC AMC will head this committee.

The joint venture AMC received a certificate of incorporation from the Ministry of Corporate Affairs on Oct 28.

The gross profit of the fund house is Rs.640 crore in April-Sept 2024.

These RIAs will have to submit an auditor approved compliance certificate.

Latest AMFI data reveals the asset composition of individual investors.

The total equity AUM of MF industry stands at Rs. 45.63 lakh crore.

The fund house saw 18% growth in its net profit.

The fund house kept more than 30 stocks in its focused fund portfolio.

88% of equity assets come from retail investors and HNIs.

Vignesh Kumaran, Head - Digital Products, KFin Technologies shared insights on latest technology that MFDs can use to grow their business.

Read on to know the half yearly report card of the MF industry.