Mutual Fund industry AUM slips 5% to Rs 12.55L crore in Aug

Last Updated: Monday, September 7, 2015, 18:04

The mutual fund industry witnessed a drop of nearly 5 percent in assets under management (AUM) to Rs 12.55 lakh crore in August, mainly on account of fall in inflow into such schemes.

Investors may pay less for MF products, Amfi plans to cut costs

Last Updated: Sunday, September 6, 2015, 13:07

Besides, it is planning to do away from the current practice of disclosing overall Assets Under Management (AUM) by fund houses and restrict it to only retail AUM.

MF equity asset base paces up, shy of Rs 4 lakh cr

Last Updated: Sunday, August 16, 2015, 13:49

Analysts said equity markets have delivered positive returns, a big reason why retail investors went for such schemes.

Equity MFs asset base climbs 55% to Rs 3.72 lakh crore

Last Updated: Monday, July 27, 2015, 18:36

The asset base of equity mutual funds surged about 55 percent to Rs 3.72 lakh crore at the end of June, from the year-ago level, as retail investors poured money into these schemes.

SBI MF lays out plan for Rs 1 lakh cr AUM by Sept quarter

Last Updated: Friday, July 10, 2015, 19:42

SBI MF, a joint venture between SBI and French major Amundi, is the sixth-largest fund house with an AUM of Rs 86,000 crore as of the June quarter and is all set to cross the Rs 1 lakh crore mark by the September quarter.

AUMs nearly double in last 4 years, but B15 cities still lag

Last Updated: Wednesday, July 1, 2015, 21:25

Though the beyond B15 market is about 53 per cent (35,584 registered independent financial advisors or IFAs), only a third of them are productive which may be defined as having average assets of more than Rs 50 lakh.

Equity ETFs AUM soars nearly 5-fold to Rs 4210 cr since Mar'14

Last Updated: Tuesday, June 2, 2015, 19:16

Indicating growing investor interest in capital markets, the average assets under management of equity-based exchange traded funds (ETFs) on the NSE has grown nearly five times to Rs 4,210 crore in the quarter ended March over the same period last year.

Edelweiss MF's AUM crosses Rs 1,000 crore

Last Updated: Wednesday, April 22, 2015, 21:25

Edelweiss Mutual Fund Wednesday said its assets under management crossed Rs 1,000 crore as of April 16, a rise of Rs 193 crore from year-ago period, driven by the rally in the equities market where the fund has 93 percent of its exposure.

Mutual funds near Rs 12 lakh cr mark in FY15; add Rs 3 lakh cr

Last Updated: Thursday, April 2, 2015, 16:02

Fund houses are upbeat about the industry's performance for the current fiscal (2015-16) as equity markets are expected to continue their momentum, making the segment attractive, industry insiders said.

Franklin eyes doubling its AUM to Rs 1,20,000 crore in 5 years

Last Updated: Wednesday, March 18, 2015, 12:11

The company is currently ranked seventh in terms of AUM.

Mutual Fund assets base crosses Rs 12 lakh crore mark in Feb

Last Updated: Monday, March 9, 2015, 14:24

Buoyed by robust capital inflows and strong participation of retail investors, the asset base of mutual fund industry has crossed Rs 12 lakh crore mark in February.

Japan subway attack cultist trial opens

Last Updated: Thursday, January 16, 2014, 13:03

The trial began in Japan on Thursday of a former member of Aum Supreme Truth, 19 years after the doomsday cult launched a nerve gas attack on the Tokyo subway that killed 13 people.