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Source: Business Standard 4 min read Last Updated : Oct 15 2024 | 9:14 AM IST The equity assets under management (AUM) of domestic mutual funds (MFs), including equity-linked savings schemes (ELSS) and index funds, rose 3.3 per cent month-on-month (MoM) to reach Rs 33.8 trillion in September 2024. This growth was primarily fueled…
Source: Business Standard Illustration: Binay Sinha 2 min read Last Updated : Oct 04 2024 | 12:04 PM IST The mutual fund industry in India is witnessing a significant influx of new investors from smaller cities, according to a study by Zerodha Fund House. The number of new investor folios has been steadily increasing on…
Source: Business Standard 4 min read Last Updated : Oct 01 2024 | 10:34 AM IST The Securities and Exchange Board of India (Sebi) has approved a simplified regulatory framework for entities looking to launch passive mutual fund schemes. This ‘MF Lite’ framework aims to reduce compliance requirements and encourage new players in the market….
Source: Live Mint Axis Mutual Fund has announced the launch of its latest investment product, the Axis Nifty500 Value 50 ETF, on September 9. This open-ended exchange-traded fund (ETF) aims to replicate or track the performance of the Nifty500 Value 50 TRI, providing investors with a value-based investment strategy in a basket of 50 companies…
