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Sectoral funds rake in Rs 18,117.18 crore during the month, debt schemes see more inflows than equities, notes AMFI data for August
This takes the total tally of existing sectoral fund schemes to 179. The next category with most sc…
India's strong economic recovery is led by fiscal expenditure: DSP MF
India's tax collections have also demonstrated robust growth, with gross tax revenue showing a five…
ANI
Credit growth in banks continues to exceed deposits, says new SBI report
The State Bank of India reported that credit growth in Indian banks has been consistently outpacing…
ANI
SEBI asks mutual fund industry to proactively conduct stress test
Speaking at a mutual fund event, Gopalakrishnan highlighted the importance of modelling stress scen…
PTI
SEBI tightens grip to combat market abuse in mutual fund, including front-running and fraudulent transactions
The Securities and Exchange Board of India (SEBI), the stock market regulator, has issued a circula…
ANI
Mutual fund AUM crosses the Rs 60 lakh crore mark, SIP nos. and AUM touch all-time highs
As AMFI data further revealed, the number of new SIPs registered in June 2024 stood at a staggering…
AMFI Data: Debt funds see major outflows, thematic cap funds attract Rs 22,351.69 crores in June 2024
Liquid funds saw the maximum outflows of Rs 80,354.03 crores. This is generally attributable to in…
Budget 2024: Here's how your mutual fund investments are set to change post-budget
The budget has changed the definition of a specified mutual funds. From now on, any fund which inve…
Household savings are choosing mutual funds over banks to invest savings: RBI Governor
The households are choosing the capital markets over the banks to park or invest their savings, hig…
ANI
A comprehensive guide to retirement planning in India: Secure your future
Retirement is often compared to a long vacation in Las Vegas: the aim is to enjoy it to the fullest…
From banks to SIPs – the evolution of investment choices for Indian retail investors
In India, traditional banking institutions were once the go-to for households seeking savings and i…
BSE denies tech glitch on June 4; lag in payment receipt from banks led to delayed mutual fund NAV
Several investors purchased their mutual funds before the cut-off time, although they were assi…
PTI
Sensex, Nifty log biggest single-day gain in 3 yrs as exit polls predict 3rd term for Modi govt
After the exit polls predicted the return of the Modi government for the third straight term, bench…
PTI
Mutual Fund distributors to get trail commissions for investor asset transfers
Mutual fund distributors will now have the opportunity to receive trail commissions from Asset Mana…
PTI
SEBI's proposal on new asset class for high risk takers looks promising, note experts
In its consultation paper, the regulator said the new asset class will provide a regulated product …
PTI
After F&O trading platform, CoinSwitch's founders launch zero-commission Mutual Funds with Lemonn
PeepalCo's Lemonn platform is now offering zero-commission Mutual Funds, competing with top Indian …
Household savings dip over Rs 9 lakh cr in 3 years to Rs 14.16 lakh cr in 2022-23
The net household savings declined to Rs 17.12 lakh crore in 2021-22 and dipped further to a fi…
PTI
A new rule makes buying a home more complicated — but it could also save you a lot of money
A buyer-representation contract used to be optional, but new rules change that in almost all cases.
Dan DeFrancesco
Five gifts you can give to yourself, friends, or family, towards achieving financial independence
Ahead of India's 78th Independence Day, find out how a professional achieved financial independence…
Indians increasingly spending money on mutual fund investments, insurance, trading: Razorpay analysis
Payments towards mutual fund investments, insurance, and trading have seen a massive jump in the ju…