AMFI puts 13 proposals from mutual fund industry for Union Budget 2025
The Association of Mutual Funds (AMFI) has released a document with 13 proposals from the mutual fund industry to the finance ministry for the upcoming Union Budget 2025.
The Association of Mutual Funds (AMFI) has released a document with 13 proposals from the mutual fund industry to the finance ministry for the upcoming Union Budget 2025.
Indian mutual fund industry’s assets under management (AUM) saw significant growth over the last decade, as it increased by a whopping 524 per cent to 68.08 lakh crore in November 2024 from 10.9 lakh crore in November 2014.
Equity mutual funds witnessed an inflow of Rs 35,943 crore in November, marking a drop of 14% on a month-on-month basis, as per the data from the Association of Mutual Funds in India (AMFI) released on Tuesday.
Net inflow into equity mutual funds had surged by 83.42% to a record high of Rs 34,697 crore a month ago.
India's mutual fund assets rose to Rs 58.6 trillion in May, inching closer to record Rs 10 trillion in less than a year, data from the Association of Mutual Funds in India (AMFI) said.
Amid the correction happening in the smallcap and midcap stocks, global brokerage firm Jefferies sees the development as healthy as it is not a larger meltdown.
A recent data has highlighted that the number of investors signing up for systematic investment plans (SIPs) of mutual funds far outnumber those discontinuing their SIPs.
The AMFI, the industry trade body for mutual funds, said the Smallcap and midcap funds saw robust inflows in February even after Sebi raised concerns over froth in the segments.
Besides undertaking enforcement action against unregistered finfluencers who breach SEBI regulations, the regulator proposes to disrupt the revenue model for…
The assets under management (AUM) of the mutual fund industry rose to an all-time high of Rs 31.02 lakh crore in December-end from Rs 30 lakh crore in November-end on inflow from debt funds.