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Indian mutual fund industry set to cross 50 mn unique investors  The mutual fund industry in the country saw assets under management (AUM) surging to Rs 66.7 lakh crore in 2024 and is set to cross the 50-million unique investor base this year.  The stupendous growth is expected due to sustained buoyancy in the equity market and a surge in new fund offerings (NFOs). According to industry experts, the investor count may reach 100 million by 2030, with Rs 100 trillion in total AUM. This surge will be fuelled by the market's resilience, st...
Indian mutual fund industry set to cross 50 mn unique investors
Indian mutual fund industry set to cross 50 mn unique investors
Source: IANS
2024-09-24 05:06:27 pm
SIPs gaining preference as mode of mutual funds investments by retail investors: Zerodha Fund House Zerodha Fund House in its recent study cited an exponential surge in the adoption of Systematic Investment Plans (SIPs) among retail investors and gaining ground as a mode of investment in mutual funds. This is evidenced by the rising SIP accounts and also the SIP Contributions over the past few years. As of June 2024, total SIP AUM stood at around 20% of the overall Mutual Fund industry AUM. Rising SIP Contributions and Outstanding SIP Accounts:     The number of SI...
SIPs gaining preference as mode of mutual funds investments by retail investors: Zerodha Fund House
SIPs gaining preference as mode of mutual funds investments by retail investors: Zerodha Fund House
Source: PR Agency
2024-08-27 04:31:15 pm
Mutual fund SIPs reach Rs 23,332 crore for first time, AUM at 64.69 lakh crore India’s mutual fund industry witnessed the highest ever Rs 23,332 crore SIP inflow in July, which in June was Rs 21,262 crore. Due to the recent increase in Systematic Investment Plans (SIPs) inflow, Assets Under Management (AUM) of the total mutual fund industry reached 64.69 lakh crore in July as against 60.89 lakh crore in June. According to the AMFI (Association of Mutual Funds in India) data, Total inflows into equity funds declined by 8.6 per cent to Rs 37,113.4 crore in the...
Mutual fund SIPs reach Rs 23,332 crore for first time, AUM at 64.69 lakh crore
Mutual fund SIPs reach Rs 23,332 crore for first time, AUM at 64.69 lakh crore
Source: IANS
2024-08-11 05:38:32 pm
SIP investments hit Rs 21,262 crore in June, mutual fund industry at record Rs 61.15 lakh crore Systematic investment plan (SIP) investments reached Rs 21,262 crore in June in the country, up from Rs 20,904 crore in May, the latest data from the Association of Mutual Funds in India (AMFI) said on Tuesday.  This marks the third consecutive month where SIP inflows have exceeded Rs 20,000 crore. According to Gopal Kavalireddi, Vice President of Research at FYERS, despite major events like year-end earnings, general elections, release of GDP and other economic data, and Rs 75,000...
SIP investments hit Rs 21,262 crore in June, mutual fund industry at record Rs 61.15 lakh crore
SIP investments hit Rs 21,262 crore in June, mutual fund industry at record Rs 61.15 lakh crore
Source: IANS
2024-07-09 05:40:57 pm
SIP Analysis Report by WhiteOak Capital Mutual Fund Over the years, the Systematic Investment Plan (SIP), a feature offered by Mutual Funds, has become a household name. Its popularity among investors can be seen from the graph given below, which depicts growth in monthly SIP contribution by investors over the last seven years. With growing interest in SIP, a few obvious questions come to an investor’s mind. This study, conducted by WhiteOak Capital Mutual Fund, attempts to address some of these commonly asked questions around SIP inv...
SIP Analysis Report by WhiteOak Capital Mutual Fund
SIP Analysis Report by WhiteOak Capital Mutual Fund
Source: PR Agency
2024-06-14 03:28:04 pm
Retail investors emerged as trendsetters in Indian stock market: Experts Indian stock markets emerged as a favourite investment destination for retail investors after Covid 19.   Now retail investors are the driving force in the market due to making the right decisions at the right time. They appear far ahead of Foreign Institutional Investors (FIIs) and other large investors. For instance, there was a big rally in the market on June 3 due to the Exit Polls. According to NSE data, retail investors sold shares worth Rs 8,588 crore, while FIIs and mutu...
Retail investors emerged as trendsetters in Indian stock market: Experts
Retail investors emerged as trendsetters in Indian stock market: Experts
Source: IANS
2024-06-10 01:46:42 pm
Financialisation of savings growing, especially after Covid pandemic: AMFI chief The retail investor has realised that SIP is the financial version of ‘fill-it, shut-it, forget-it’, the popular tagline from an '80s motorcycle advertisement, Venkat Chalasani, Chief Executive of the Association of Mutual Funds of India (AMFI), told IANS. "You don’t have to remember to invest every time, as once you start an SIP, you can keep it on for how many months/years you wish to. Investing and withdrawal are both easy," he said during an interview. ...
Financialisation of savings growing, especially after Covid pandemic: AMFI chief
Financialisation of savings growing, especially after Covid pandemic: AMFI chief
Source: IANS
2024-03-28 09:51:49 am
Steady rise in SIP flows in mutual funds The latest AMFI Data for December 2023 paints a positive picture of India's mutual fund industry, especially in equities. The significant rise in equity mutual fund inflows to Rs 17,000 crore, up by 9 per cent, shows that investors strongly believe in the potential of the stock market, said Robin Arya, smallcase Manager & Founder, GoalFi. A notable highlight is the steady increase in monthly Systematic Investment Plan (SIP) flows, growing by an impressive almost 24 per cent Year...
Steady rise in SIP flows in mutual funds
Steady rise in SIP flows in mutual funds
Source: IANS
2024-01-08 05:52:48 pm
Large shareholders cash in as India`s equity market rallies  Large shareholders in Indian firms have sold 1.03 trillion rupees ($12.36 billion) in shares so far this year, double that of in 2022, as an ongoing rally in the domestic equity markets help them offload shares at the fastest pace on record. These shareholders, called "promoters" by the country's markets regulator, control a company's decision making. They sold 437 billion rupees in shares last year, data from information provider Prime Database shows. Private eq...
Large shareholders cash in as India`s equity market rallies
Large shareholders cash in as India`s equity market rallies
Source: Reuters
2023-12-01 12:13:08 pm
October sees third highest monthly inflow into equity funds India equity mutual funds got inflows worth Rs 19,957 crore in October, up from Rs 14,091 crore in September, and the month saw the third highest monthly inflow into equity funds in the year 2023, as per Deepak Jasani, Head of Retail Research, HDFC Securities. Small- and mid-cap categories contributed about Rs 7,000 crore, shrugging off restrictions on lump-sum investments and new SIPs by several funds. SIP contribution to mutual funds industry in October stood at Rs 16,928 crore compared ...
October sees third highest monthly inflow into equity funds
October sees third highest monthly inflow into equity funds
Source: IANS
2023-11-10 10:40:09 am
Which is better, starting SIP at the Top or Bottom of Market Cycle?, ``WhiteOak Capital MF``  In continuation to WhiteOak Capital AMC?s earlier SIP report titled, ?SIP Analysis Report?, the company has come up with further insights on "Which is better, starting SIP at the Top or Bottom?" The report is based on a detailed analysis using long-period data of S&P BSE Sensex TRI (last 27 years) and considers all those periods when equity market has fallen more than 20% from its Top. The below table refers investment summary of two investors, one who started a Rs. 10,000 mont...
Which is better, starting SIP at the Top or Bottom of Market Cycle?, ``WhiteOak Capital MF``
Which is better, starting SIP at the Top or Bottom of Market Cycle?, ``WhiteOak Capital MF``
Source: PR Agency
2023-10-16 12:16:03 pm
FII sell figure in Sep at Rs 20,593 crore The US 10-year bond yield climbing to a 10-month high of 4.54 per cent and the dollar index spiking to 105.94 are headwinds for the market and this is getting reflected in the sustained FII selling which has taken the net FII sell figure in September so far to Rs 20,593 crore, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.The buying by DIIs, at Rs 13,748 crore, is supporting the market but is not strong enough to give confidence to the bulls.It remains to be ...
FII sell figure in Sep at Rs 20,593 crore
FII sell figure in Sep at Rs 20,593 crore
Source: IANS
2023-09-26 12:34:54 pm