MF News

The total MF AUM now stands at Rs.51.09 lakh crore despite net outflows of Rs. 40,000 crore in December 2023.

The industry body has extended congratulation to SEBI, MFDs, AMCs and MF investors for achieving Rs.50 lakh crore AUM.

Mumbai RIA Vishal Dhawan of Plan Ahead Wealth Advisors gives a quick recap of 2023 and talks about the business potential that 2024 holds.

Dhruv Mehta, President of Foundation of Independent Financial Advisors and Chairman of Sapient Wealth shares with us his key business lessons in 2023 and must have business skills for MFDs

With this, there is no need to reach out to different RTAs or AMCs to update the demise of an investor.

In an exclusive interview, Mahesh Patil, CIO, ABSL talks about his medium-term outlook on equity funds and suggests fund categories which MFDs can recommend to their investors.

Gaurav Goyal, National Head - Sales & Marketing, Canara Robeco MF feels that while SIP is gaining traction, other 2 strategies - STP and SWP need much higher efforts at the industry level to bring awareness among investors.

The size of largest small cap company has grown up by 175% to market capitalization of Rs.22,000 crore in six years.

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.