81 lakh mutual fund accounts added in FY21; MF AUM stands at Rs 31.4 lakh crore
Total number of mutual fund accounts in the country now stands at close to 10 crore
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Tag: AMFI
Staff Writer /
April 22, 2021
How SEBI’s new dividend norms will affect your investment in dividend plans
The MF industry finds it difficult to implement the new SEBI rules and fears this could lead to taxation issues.
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Staff Writer /
January 4, 2021
New NAV applicability date comes into effect from Feb. 1
A new framework on net asset value (NAV) applicability across mutual fund schemes upon realization of funds will now take effect from February 1, 2021 instead of January 1, 2021.SEBI, in its latest circular, has extended the applicability date on new NAV rules.Read More
Kumar Shankar Roy /
December 9, 2020
As equity MFs saw outflows of Rs 13k cr in Nov, debt funds got inflows worth Rs 45,000 cr
Equity MF investors seem to be in cashing-out mode. As stock markets hit new life-time highs on a regular basis in November 2020, monthly net outflows occurred in all the 10 equity fund categories totalling Rs 12,917 crore.Read More
