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Subdued equity market slows mutual fund penetration, shows data
Mutual funds fail to carry high growth momentum of FY22 due to changed market conditions
Distribution commission pool of mutual funds jumps 2.3x, shows data
The sharp spike in commission comes on the back of surge in the equity markets and sustained flows into equity MF schemes
Mirae NBFC arm floats new product offering loans against MF holdings
Customers can avail instant loans of up to Rs 3 crore by pledging their equity and debt MF holdings on a mobile app
Zerodha gets in-principle approval from Sebi to start mutual fund business
In February 2020, the broking company had applied for the AMC license
Fund Pick: Canara Robeco Equity Tax Saver is a consistent outperformer
The month-end assets under management (AUM) of the fund grew from Rs 898 crore in January 2018 to Rs 1,476 crore in December 2020.
Share of high-fee yielding equity slips in MF industry's asset mix
Industry likely to see revenues come under pressure in new financial year
Mutual fund equity assets top Rs 8 trillion, shows Amfi data
In the past 12 months, equity MFs have got inflows of Rs 1.73 trillion
