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 »

NFONEST

April 16th, 2018  / Author: lalitha

April 2018   New Fund Offers of various hues adorn the April 2018 NFONEST. Sundaram Long-term Tax Advantage Fund – Series IV Opens: March 27, 2018 Closes: June 27, 2018 Sundaram Mutual Fund has launched Sundaram Long-term Tax Advantage Fund – Series IV. The investment objective of the fund is to generate capital appreciation over Read more »

GEMGAZE

April 9th, 2018  / Author: lalitha

April 2018   All the GEMs from the 2017 GEMGAZE have performed reasonably well through thick and thin and figure prominently in the 2018 GEMGAZE too.  Principal Global Opportunities Fund Gem Incorporated in March 2004, Principal Global Opportunities Fund has an AUM of Rs 18 crore. The one-year return of the fund is 23.74% as against the average returns Read more »

FUND FLAVOUR

April 2nd, 2018  / Author: lalitha

April 2018   “Risk comes from not knowing what you’re doing” – Warren Buffet. These famous words could have been about Global/International Funds, funds that add an element of geographical diversification. A global fund primarily invests in markets across the world, including those in the own country of the investor. An international fund, on the Read more »

FUND FULCRUM

March 26th, 2018  / Author: lalitha

March 2018   The mutual fund industry witnessed a fall in average assets in February 2018. The latest AMFI data shows that AAUM of the mutual fund industry was Rs.23.17 lakh crore in February 2018. It decreased by 0.34%, or Rs.23,000 crore, from Rs.23.25 lakh crore in January 2018. AMFI monthly data shows that the Read more »