Retail AUM and folios in liquid funds increasing steadily
AMFI data shows that retail liquid folios have gone up from 1.33 lakh in 2009 to 2.43 lakh as on June 2015 while the AUM has increased from Rs. 673 crore to Rs. 3,214 crore.
by Ravi Samalad Sep 21, 2015
MF assets to grow to Rs.40 lakh crore in the next 5 years: AMFI
The new AMFI CEO C V R Rajendran, expects MF unique investor count to reach 2 crore by FY 2020-21.
by Nishant Patnaik Sep 21, 2015
B15 assets now account for 15 percent of industry AUM
Assets from B15 locations grew from Rs. 1.65 lakh crore in August 2014 to Rs. 2.08 lakh crore in August 2015.
by Ravi Samalad Sep 19, 2015
AMFI to appoint new Chairman soon
Lalit Vij, Managing Director, Principal MF, Jisang Yoo, CEO, Mirae Asset and Rajiv Shastri, CEO, Peerless MF are in the race to become the directors of AMFI board.
by Nishant Patnaik Sep 19, 2015
AMFI invites feedback on Finance Ministry report from AMCs
AMFI will share the consolidated feedback received from AMCs with SEBI.
by Ravi Samalad Sep 18, 2015
C V R Rajendran takes charge as the new AMFI CEO
Rajendran succeeds H N Sinor.
by Nishant Patnaik Sep 18, 2015
IFA Galaxy bids farewell to H N Sinor
Sinor was invited to attend the quarterly meeting of IFA Galaxy held in Chennai.
by Banali Banerjee Sep 16, 2015
Individual investors hold 48% of industry AUM
Also, the folio count of individual investors has increased from 2.95 crore to 3.23 crore, an increase of 28.40 lakh folios in the last one year.
by Ravi Samalad Sep 16, 2015
India has the fastest growing HNI population in the world
India is home to 1.98 lakh HNIs having combined wealth of over US$785 billion in 2014, shows Capgemini and RBC Wealth Management report.
by Nishant Patnaik Sep 16, 2015
Soumendra Nath Lahiri elevated as the CIO of L&T MF
Lahiri was heading the equity desk earlier.
by Nishant Patnaik Sep 15, 2015
AMFI issues clarification on commission rules
AMFI has said that AMCs should not pay any marketing support expenses which would be surrogate for upfront commission.
by Ravi Samalad Sep 15, 2015
SEBI advises AMCs to reduce concentration risk in debt funds
The regulator has asked fund houses not to rely only on external ratings while taking investment decisions.
by Ravi Samalad Sep 14, 2015
Judgment on distributor SRO expected soon
The Securities and Appellate tribunal (SAT) heard the SRO case on September 02.
by Ravi Samalad Sep 10, 2015
