NFONEST

September 17th, 2018  / Author: lalitha

September 2018   As the equity markets head upwards, new fund offers from mutual funds are on the rise. They attract investors with catchy and thematic advertising, pushed by various fund houses and distributors. NFOs of various hues adorn the September 2018 NFONEST. Reliance India Opportunities Fund – Series A Opens: September 7, 2018 Closes: Read more »

GEMGAZE

September 10th, 2018  / Author: lalitha

September 2018   All the GEMs from the 2017 GEMGAZE save Birla Sunlife Frontline Equity Fund, which performed reasonably well through thick and thin, have been accorded a solemn farewell in the 2018 GEMGAZE. Funds of various hues have been accorded a red carpet welcome.   Birla Sunlife Frontline Equity Fund Gem   Birla Sun Life Read more »

FUND FLAVOUR

September 3rd, 2018  / Author: lalitha

September 2018 Diversified Equity Funds Key to excel amidst volatility The word diversified means variegated or different. We all have heard the phrase “Strength lies in differences and not in similarities”. The same is conceptualized in the mutual fund industry as “Diversified Equity Funds”. In diversified equity mutual funds your investment is broken down into small Read more »

FUND FULCRUM

August 27th, 2018  / Author: lalitha

August 2018   With equity markets reaching an all-time high in July 2018, the average assets under management (AAUM) of the mutual fund industry reached close to Rs.24 lakh crore in July 2018. AMFI’s latest data shows that AAUM of the Mutual Fund industry has reached Rs.23.96 lakh crore in June 2018. However, the monthly AUM of Read more »

FUND FULCRUM

May 28th, 2018  / Author: lalitha

May 2018   The new financial year started on a positive note for the mutual fund industry. Its assets under management reached an all-time high of Rs.23.25 lakh crore, thanks to net inflows of Rs.1.37 lakh crore, according to the latest AMFI data. The AUM rose 9% in April 2018, from Rs.21.36 lakh crore in Read more »

NFONEST

May 21st, 2018  / Author: lalitha

May 2018   In the financial year 2017-18, new fund offers of open-ended equity schemes raised Rs.6,612 crore, according to AMFI data. The funds mobilised by new fund offers increased by 664% or Rs.5,747 crore in the last financial year. AMFI data shows that while the industry launched 12 open-ended equity funds last fiscal, seven Read more »

GEMGAZE

May 14th, 2018  / Author: lalitha

  May 2018   All the GEMs from the 2017 GEMGAZE have performed reasonably well through thick and thin and figure prominently in the 2018 GEMGAZE too.  Reliance ETF Nifty BeES Gem   Incorporated in December 2001, Reliance ETF Nifty BeES (formerly known as Goldman Sacs Nifty ETF Fund) has an AUM of Rs 925 crore. The Read more »

FUND FLAVOUR

May 7th, 2018  / Author: lalitha

May 2018   A passively managed fund simply identifies the stocks and their proportion in the market index and then they mirror the same in the portfolio. With 50 companies listed on the National Stock Exchange, its index, Nifty is the most popular index in India. Sensex, on the other hand, has 30 companies listed Read more »

FUND FULCRUM (contd.)

April 30th, 2018  / Author: lalitha

April 2018   Reliance Mutual Fund has added the highest retail AUM of Rs.20,559 crore in FY 2017-18, shows the data collated from AMC websites. The retail AUM of the fund house increased to Rs.73,215 crore from Rs.52,657 crore in March 2017, a growth of 39%. The fund house manages total AUM of Rs.2.45 lakh Read more »

FUND FULCRUM

April 23rd, 2018  / Author: lalitha

April 2018   Association of Mutual Funds in India (AMFI) expects the mutual fund industry’s assets under management to grow by almost five-fold to Rs 94.5 lakh crore by FY25 on the back of the increased distribution strength and reach and the joint efforts of SEBI, AMFI, fund houses and distributors. As at the end of February 2018, the asset Read more »