🌀✴️⏰ 〽️F 〽️⭕️⭕️D ⏰✴️🌀 Week 302
‼️👣Weekly MF News👣‼️
An Initiative By ArthMitra Gurukulam
💥 Helios Mutual Fund files draft document for balanced advantage fund
🔥 Equity funds report 35th consecutive month of net inflows
💥 AMFI Data: Equity mutual fund inflows surge 28% MoM in January to near Rs 22,000 crore-mark
🔥 LIC Mutual Fund appoints Ravi Kumar Jha as MD & CEO
💥 Mutual funds' collects Rs 63,854 crore through NFOs in 2023
🔥 No change in repo rate to benefit medium to long-term debt and gilt funds
💥 MF industry AUM reaches Rs.53 lakh crore, SIP inflows at Rs.19,000 crore
🔥 With over Rs 1.30 lakh crore of retail assets each, HDFC MF, SBI MF and ICICI Prudential MF are the top 3 players in the retail segment.
💥 IAPs increase by 23%, reach expands by 45% . AMCs conduct 10,364 investor awareness programs for over 7 lakh participants during FY 2022-23.
🔥 Insurance penetration in India is 4%, lower than global average of 6.8%
💥 Now, ayurvedic and alternative treatments qualify for the entire sum insured
IRDAI has asked insurance companies to remove cap on sum insured from AYUSH treatment.
🔥 IRDAI directs insurers to reduce premium in direct plans
💥 SEBI issues consultation paper to revise nomination norms , SEBI has invited views of AMCs, registrar and other market participants by March 08, 2024.
⭕️ NFO ⭕️ Bajaj Finserv Large and Mid Cap Fund ⭕️ Bank of India Multi Asset Allocation Fund ⭕️ HSBC Multi Asset Allocation Fund ⭕️ quant PSU Fund ⭕️ SBI Energy Opportunities Fund
🔥ARTHMITRA GURUKULAM has successfully hosted 3 days mega conference of MFDs at Ahmedabad on 11-12-13 Jan with total 900+ Delegates Across India
❤️🧡💛💚💙💜🖤❤️🧡💛💚💙💜🖤
data compiled from #cafeMutual #EtMutualFund #ValueReserch ( Till 11/02/2024)
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