Equity mutual funds record inflow of over Rs 41000 crore in Oct
The move also marks the 44th consecutive month of net inflow in the equity-oriented funds, highlighting the ever-increasing appeal of mutual funds among investors.
The move also marks the 44th consecutive month of net inflow in the equity-oriented funds, highlighting the ever-increasing appeal of mutual funds among investors.
The aggregate losses of individual traders in the equity futures and options (F&O) segment exceeded Rs 1.8 lakh crore over the three-year period between FY22 and FY24, a new study by the Securities and Exchange Board of India (SEBI) showed on Monday.
Mutual fund industry witnessed strong inflow via new fund offers (NFOs) in June as 11 NFOs of different fund houses collected Rs 14,370 crore last month.
The development comes after a lackluster performance in 2022 with 2023 witnessing a substantial increase in overall inflow.
Indian stocks have been able to hold on to all-time highs when market breadth is healthy. Readings of over 15 per cent NSE 500 Index member stocks touching a new 52-week high is positive, said a report by DSP Mutual Fund.
The petition in the High Court of Gujarat was filed by investors alleging that winding up of the debt schemes by the fund house was illegal.
Last month, the fund house had closed six of its debt funds, citing redemption pressures and lack of liquidity in the bond markets.
This decision from Sebi comes a month after Franklin Templeton Mutual Fund closed six of its debt schemes in April citing redemption pressures and lack of liquidity in the bond markets.
According to the Chairman, PPFAS would come with its ELSS once the number of portfolios touch 100,000.
After a foray into the life insurance business and setting up of a NBFC subsidiary, Kerala-based Federal Bank is now…
