Investment in equity mutual funds surged over five-fold to Rs 94,151 crore in the June 2024 quarter against Rs 18,358 crore a year ago. This has also pushed the industry’s assets under management (AUM) by 59 percent to Rs 27.68 lakh crore in June from Rs 17.43 lakh crore a year ago, data from the … Read more
You might have heard during the recent controversy on new Sebi norms on multi cap mutual funds that most multi cap schemes have ver little or nil investments in small cap stocks. Here is surprise for you: introducing Quant Active Fund, a multi cap mutual fund scheme with 53% of its assets in small cap … Read more
Mutual fund investors are calling up their advisors to check whether they should stop their regular investments in multi cap mutual funds until there is some clarity on how the fund houses are planning to deal with the issue of new Sebi norms on multi cap mutual funds. Some mutual fund advisors are indeed asking … Read more