Debt-oriented mutual funds received net inflows of Rs 3,566 crore, SIP flows at Rs 9,155 croreRead More
Overall mutual funds industry AUM was up at ₹33.05-lakh crore last month as against ₹32.37-lakh crore logged in AprilRead More
Total number of mutual fund accounts in the country now stands at close to 10 crore
The MF industry finds it difficult to implement the new SEBI rules and fears this could lead to taxation issues.
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
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