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Source: Live Mint Mutual Fund folios hit at all-time high of 22,50,03,545 in December 2024, revealed the latest data released on Thursday by the Association of Mutual Funds in India (AMFI). Retail mutual fund folios (which include equity, hybrid, and solution-oriented Schemes) were at an all-time high of 17,89,93,911 for the month of December 2024,…
Source: Live Mint As we are geared to enter the year 2025, the mutual fund industry is seen promising and shows no signs of slowing down. The growth of the overall asset size in the mutual fund industry has been quite impressive, particularly in the equity space. Over the past decade, retail investors have moved…
Source: Live Mint If you are planning to invest in a mutual fund, then it is recommended to examine the past returns of that scheme vis-a-vis other schemes in the same category. The past returns give a fair idea of how that scheme has performed over a period of time, thus giving an indication of…
Source: Live Mint SBI Mutual Fund has introduced a new fund offer (NFO) on December 4 called SBI Quant Fund. It is an open-ended equity scheme following a Quant-based investing theme and will be benchmarked against the BSE 200 TRI. The scheme will stay open for investors until December 18 and will reopen for continuous…
Source: Live Mint If you are looking forward to a wedding, it is vital to first arrange the funds for it. There are a number of ways to do it. At the outset, you should dip into your savings and investments to meet the wedding expenses. And if this money falls short, you can always…
Source: Business Standard 3 min read Last Updated : Oct 15 2024 | 4:46 PM IST Bandhan Mutual Fund on Monday launched two new index funds, the Bandhan Nifty 500 Value 50 Index Fund and the Bandhan Nifty 500 Momentum 50 Index Fund. These open-ended schemes will track the Nifty 500 Value 50 Index…
Source: Live Mint A systematic withdrawal plan (SWP) from a mutual fund can deliver regular income with tax efficiency. An SWP is the mirror image of a systematic investment plan (through which investments are made regularly). With an SWP, one can withdraw a fixed amount every year from a mutual fund. An SWP can be…
Source: Business Standard 4 min read Last Updated : Sep 17 2024 | 8:50 AM IST The Canara Robeco Consumer Trends Fund, launched in September 2009, has demonstrated remarkable performance over the past 15 years. A monthly SIP of Rs. 10,000 invested in the fund has grown to Rs 84.81 lakh, delivering an annualized…
Source: Business Standard 6 min read Last Updated : Sep 12 2024 | 11:17 AM IST Equity oriented funds witnessed net inflows of Rs 38,239 crore in August 2024, which was around 3.3% higher than inflows of Rs 37,113 crore witnessed in July 2024.This marks the 42nd consecutive month of net inflows, highlighting the…
