There has been a massive 233 per cent growth (year-on-year) in overall net inflows in systematic investment plans (SIPs) in India this year, according to a new report, as the Indian economy remains resilient amid rough geo-political conditions.
The assets under management (AUM) of mortgage finance loans in the country is expected to grow at a healthy 16-17 per cent this fiscal and the next (FY25 and FY26), a report said on Monday.
Equity funds saw Rs 38,239 crore inflows in August, a 3.03 per cent growth from Rs 37,113 crore witnessed in July.
the equity MF and the exchange-traded funds (ETFs) account for almost 70 per cent of the overall industry AUM – retail and other investors. Debt funds account for the remaining 30 per cent.
The Life Insurance Corporation of India (LIC) celebrated its 67th anniversary on Thursday. On the occasion, the LIC has floated…
The milestone achievement of Rs 1 lakh crore AUM is a testament to our commitment that has helped deliver exceptional performance over a decade.
The survey findings showed more HFCs expect a higher growth rate vis a vis NBFCs and, smaller and mid-sized entities expect higher growth rate vis-a-vis their larger peers.
The Mutual fund industry’s asset under management (AUM) rose to a record high of Rs 22.79 lakh crore (Rs 22.79…
