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SIP AUMs and retail equity folios are at an all-time high at Rs 4.21 lakh crores and 8.07 crore respectively.
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These funds track the index of the market or sector where they are invested
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Investors book profit on back of soaring market
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The portfolio will give exposure to asset classes like domestic largecap, midcap, corporate bonds, G-Sec, Gold, US Nasdaq
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MFs cumulatively withdrew Rs 78,308 crore in the last nine-months between June 2020 and February 2021.
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Indian mutual fund industry has registered a six-fold increase in AUM over the last 10 years, even though it has a long way to emerge as the preferred investment choice for retail investors
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India’s AUM to GDP ratio at 12% is near China’s AUM to GDP ratio of 13%. Still, the ratio is significantly lower in terms of penetration of mutual funds in comparison to western countries.
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Mutual funds will be required to cast votes compulsorily in respect of related party transactions of the investee companies and corporate governance matters
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Of the 376 fund managers, 30 are women, who are managing funds either as primary or secondary managers or have oversight as heads of equity or debt
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Confused between Growth & Dividend funds, or Regular & Direct funds? Feroze Azeez has all the answers you need.