MF schemes News
According to the data, investors have poured in a net of Rs 1.26 lakh crore in MF schemes last month as compared to an investment of over Rs 51,000 crore in October.
The mutual fund (MF) industry's asset base has crossed the Rs 19 lakh crore mark in April on the back of fresh inflows in equity, debt and money market segments.
Contribution of small towns -- known as beyond the top 15 cities (B15) -- to mutual funds' asset base in India has surged 19 percent to Rs 2.02 lakh crore in last fiscal.
Investors have pulled out more than Rs 58,000 crore from various mutual fund (MF) schemes in May on account of huge outflow from money market and gilt funds.
A number of mutual fund houses are focusing on 'direct plan' mode to sell their schemes, a move that may maximise the returns for the investors as against regular plans involving distributors.
With rising demand from retail investors for mutual fund schemes, the draft papers by fund houses filed with capital markets regulator Sebi for launching New Fund Offers have gone as high as 100 since January.
Total investments in mutual fund schemes in the first 10 months of the current fiscal rose to nearly Rs 2 lakh crore on the back of inflows in equity funds.
Investors have pumped in around Rs 1.55 lakh crore into various mutual fund schemes in October, making it the fourth consecutive month of inflows.
Investors have pumped in over Rs 1 lakh crore in various mutual fund schemes in August, making it the second consecutive monthly inflow.
As per the latest data available with the Securities and Exchange Board of India, there was a net inflow of Rs 1,13,216 crore in July.
Investors pulled out nearly Rs 60,000 crore from various mutual fund schemes in June after putting in a staggering Rs 1.5 lakh crore in the preceding two months.
Folios are numbers designated to individual investor accounts, though one investor can have multiple folios.
Investors pumped in a net Rs 1.5 trillion in various mutual fund schemes in May, the highest amount in more than three years.
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