The widening reach of asset management companies (AMCs) beyond the top 30 towns has played a significant role in encouraging more individuals to explore mutual funds as a viable investment avenue.
Homegrown fintech company analysed over a billion transactions processed on its platform during the past financial year, to know the spending habits of Indians.
With an investor base of 4.21 crore, MFs Industry assets under management (AUM) has surpassed Rs 55 trillion recently. The total number of accounts rose from 3.8 crores ten years back to 17.79 crore as on March 31, 2024.
The surge in SIP investments mirrors the buoyancy witnessed in the broader markets, with the Sensex soaring to an unprecedented high of 75,038.15 points, a notable gain of 354.45 points.
According to AMFI's recent figures, there has been a significant change in investment patterns, particularly in the small and mid-cap segments of the market. The data reveals a net outflow of Rs. 94.17 crore from small-cap funds, indicating a cautious approach among investors towards this ca
Pune (Maharashtra) [India], April 10: Saving money can feel like a daunting task, especially with so many expenses to juggle. But what if there was a way to save money regularly without even thinking about it? That's where SIP (Systematic Investment Plans) come in. SIPs are a hassle-free way
Mumbai (Maharashtra) [India], April 8: Axis Mutual Fund (Axis MF), the asset management giant headquartered in Mumbai, has partnered with Enparadigm, an AI-driven experiential learning and talent intelligence solutions company, for exclusive learning journeys, to elevate the performance and
Pune (Maharashtra) [India], March 29: Convenient and affordable investing, risk mitigation and the potential for long-term wealth creations are just some of the reasons why Systematic Investment Plans or SIPs have gained traction among investors in recent years.
Mumbai (Maharashtra) [India], March 21: Kotak Mahindra Asset Management Company Ltd ("KMAMC") / Kotak Mutual Fund (KMF) through 'Seekho Paiso Ki Bhasha', an investor education and awareness initiative launched six months ago, has covered over 52,000 CBSE teachers across India. The company co
Quantum AMC's Small Cap Fund has disclosed that the fund house would be able to liquidate its 100 per cent of portfolio holdings within one day, based on the Association of Mutual Funds in India's prescribed methodology to test liquidity.
Mumbai (Maharashtra) [India], March 12: PPFAS Asset Management Private Limited (Investment Manager to PPFAS Mutual Fund) and Making The Difference-NGO, a non-governmental organisation (NGO) dedicated to healthcare access improvement, donated five dialysis machines to Indira Gandhi Hospital M