SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • News From Press Stay the Course

    Stay the Course

    Source: MoneyToday Nov 15, 2019

    Retail investors have been flocking to mutual funds, especially equity funds, over the past two-three years. This is thanks partly to campaigns such as Mutual Fund Sahi Hai by the Association of Mutual Funds in India or AMFI. Their preferred route has been systematic investment plans or SIPs. "Between April 2016 - when AMFI started disclosing monthly SIP contributions - and June 2019, the route helped rake in a whopping  Rs 2.3 lakh crore. That is nearly 19 per cent of the  Rs 11.9 lakh crore increase in assets under management (AUM) of the industry," says a Crisil-AMFI report.

    Click here to read more>>

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

    Click to clap
    Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
    1 Comment
    Prashant · 4 years ago `
    How ironic that the role of most important people means distributors are not acknowledged by anyone and I mean anyone including media, regulators and mutual funds lobby( a group of companies whose sale has gone up because of us and is only). This campaign started much later. It was us who went to each investor and made them aware and win their trust for mutual funds first because of which you see this inflows and now we are nowhere mentioned in any article or anywhere is a pity. We made a big mistake by doing what we did. We didn't realise that AMCs will adopt a use and throw policy. All this time we taught and AMCs told us and kept us in dark that they are with us but their plan was something else.
    Login or Sign up to post comments.
    More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

    Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.