The proposed amendment will also affect gold funds and international funds, analysts said, who believe that bank FDs will become more attractive
SIP account redemptions were 36% higher than H1: Amfi
The net folio addition also declined 19 per cent, compared with the previous year, reveals data from the Association of Mutual Funds in India
Net SIP investments at Rs 3,260 cr in Nov, the lowest since Oct 2021
AUM growth down 63% on account of lower investor addition, market slowdown
45% respondents raised their investments as pandemic forced a rethink on financial health, 23% slashed it due to pay cuts, fall in risk-taking capacity, uncertainty in business and job loss
The common platform for MF transactions logs 350,000 registrations and 10,000 monthly logins
Related entities acting as distributors account for a higher share of assets in such fund houses
The sharp spike in commission comes on the back of surge in the equity markets and sustained flows into equity MF schemes
DII stake in BSE 500 companies up nearly 55% in seven years
The four entities are: Cashfree Payments, Fairex Solutions, Nearby Technologies, and Open Financial Technologies
When stock markets correct, investors exit -- thinking he or she would re-enter when it is all over. This is called 'market timing'. This is not recommended, as no one can pull it off consistently
This was done after FATF added UAE to the Grey List
Among sector/thematic funds, technology funds are on average down 23.4 per cent year-to-date
Shift to short-term investments and IPO funding seen as reasons for trend, according to a report.
This was much lower compared to a record net inflow of Rs 28,463 cr seen in the preceding month, data from the AMFI showed on Tuesday
MF investors must limit allocation to 10% and have five-seven-year horizon
Share of 'against' votes on company resolutions has moved up slightly in FY22
Number of SIP accounts at a record high of 46.4 million in October
Swing pricing refers to the process of adjusting a fund's NAV to effectively pass on transaction costs stemming from either inflows or outflows from the schemes