Mumbai: Flows into equity mutual funds in September fell 30% from the previous month on account of a drop in appetite for mid-cap and small-cap funds and outflows from large-cap schemes. Investments into funds through Systematic Investment Plans (SIPs), however, continued at a record pace as investors saw more merit in putting money into schemes … Read more
In its upcoming semi-annual list of stocks, Association of Mutual Funds in India (AMFI) is highly likely to downgrade and One 97 Communication ( Paytm) from largecap to midcap category, according to a report by . The AMFI rejig will majorly be classified by size, taking into account data from July to December 2022. This … Read more
Mumbai: Varun Beverages, , , and are likely to find a place in the large-cap category in the Association of Mutual Funds in India’s (AMFI‘s) semi-annual re-categorisation. , Metro Brands, , and Fine Organic are expected to enter the mid-cap category, according to Nuvama Alternative & Quantitative Research. AMFI will officially announce the new list … Read more
Mumbai: Flows into equity mutual funds picked up in September as the stock market weakness during the month prompted investors to pump more money into these products. Equity schemes received net inflows of ₹14,100 crore in September compared to ₹6,120 crore in the previous month, according to data released by the Association of Mutual Funds … Read more
As Nifty recovered by nine per cent in July, net inflows in equity mutual funds dropped 42.6 per cent month-on-month to Rs 8,898.25 crore. In June, when the Nifty hit a record 52-week low, inflows in equity MFs were at Rs 15,497.76 crore, according to the data released by the Association of Mutual Funds in … Read more
ET Intelligence Group: The cumulative inflows from systematic investment plans (SIPs) have crossed ₹1 lakh crore in a year for the first time, data from the Association of Mutual Funds in India (AMFI) show. Buoyed by the continued support from retail investors, the domestic flows have partially offset the selling pressure from foreign portfolio investors … Read more
ET Intelligence Group: Registration of new systematic investment plans (SIPs) continues to grow at a robust pace, and this is helping local funds expand their dominance, which in turn is powering the stock market rally. New SIP account registrations increased to a record 2.68 million in September 2021, according to data from the Association of … Read more
Flows into equity mutual funds dipped sharply in August compared to the previous month, as investors made fresh allocations to a new fund offer (NFO) of SBI Balanced Advantage Fund, which invests in a mix of equity and debt. Equity mutual funds saw inflows of ₹8,667 crore in August, sharply lower than the previous month’s … Read more
Markets continued to witness pressure this past week after a fairly bullish run during the week before. The rangebound movement continued yet again, amid indecisiveness among the institutional players and inflation worries coming in from the developed countries. US markets continued to witness profit taking mainly because of inflation spooking investors, and Indian indices bore … Read more
Kolkata: Gold, one of the top performing asset in 2020, has fallen 20 per cent since August last, disappointing investors, though fund houses and experts said that given the monetary stimulus globally, inflation is likely to edge higher on account of higher agri and commodity prices and the yellow metal will act as a hedge … Read more