Equity Mutual Fund: HDFC MF , Axis MF and ICICI Prudential MF - top 3 Companies

Equity Mutual Fund: HDFC MF , Axis MF and ICICI Prudential MF - top 3 Companies HDFC MF, Axis MF and ICICI Prudential MF were the top 3 fund houses in terms of equity average assets under Management (AUM) as on March 2021, shows an analysis of quarterly average AUM of all fu…

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Nippon India Mutual Fund to offer Taiwan’s Cathay Site MF’s products in India

Nippon India Mutual Fund to offer Taiwan’s Cathay Site MF’s products in India Nippon India Mutual Fund (MF) has entered into an agreement with Taiwan based asset manager Cathay Site to distribute each other’s product in their respective markets.  With this, Nippon India MF &a…

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SBI Mutual Fund: AUM Crossed Rs.5 lakh crore

SBI Mutual Fund: AUM Crossed Rs.5 lakh crore SBI Mutual Fund has crossed AUM of Rs.5 lakh crore in March 2021. In the last one year, SBI MF’s AUM has grown to Rs 5.04 lakh crore from Rs 3.73 lakh crore recording a growth of 35 %. The market share of the fund house has also g…

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Sundaram Mutaul Fund CIO Equity Mr. S Krishnakumar Quits

Sundaram Mutaul Fund CIO Equity Mr. S Krishnakumar Quits Mr. S Krishna Kumar has quit Sundaram Mutual Fund as chief  investment officer  (CIO) Equity after about 18-year service at the company. Mr. Krishnakumar expressed his desire to leave the company as he wanted to do somet…

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Indian Mutual Fund Investment now Rs.32 lakh crore

Let us look at key numbers of February 2021: Indian Mutual Fund Investment now Rs.32 lakh crore With equity markets reaching all-time highs, investors continue to exit equity funds for the eighth consecutive session. Meanwhile, the MF industry has witnessed net inflows in deb…

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Riding on steady flows and market rally, SBI Mutual Fund AUM crosses Rs. 4 Lakh cr Mark

Riding on steady flows and market rally, SBI Mutual Fund AUM crosses Rs. 4 Lakh cr Mark The mutual fund house became the largest asset manager in the country in February, 2020. SBI Mutual Fund became the first asset manager to cross Rs. 4 lakh crore mark in asset base, thank…

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AUM of the Indian Mutual Fund industry stood at Rs 23.94 lakh in April 30, 2020

As on April 30, AUM of the Indian Mutual Fund industry stood at Rs 23.94 lakh crore as against Rs 22.26 lakh crore in March, 2020.  Scheme Net Inflow (+ve)/Outflow (-ve) for the month of April 2020 Net Inflow (+ve)/Outflow (-ve) for the month of March 2020 Net change Open ended …

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