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.

MF distributors income jumps 84% to Rs 4,729 cr in FY'15

Last Updated: Tuesday, August 11, 2015, 13:51

Mutual fund distributors clocked a staggering income of Rs 4,729 crore in 2014-15, a surge of 84 percent from the preceding financial year, mainly on account of sharp rally in market and robust inflows in equity schemes.

Amfi relaxes norms for upfront commission fee for SIP

Last Updated: Wednesday, July 29, 2015, 18:21

With an aim to provide incentives to mutual funds' distributors for selling systematic investment plans (SIPs), industry body Amfi has relaxed the norms for upfront commission payments for such schemes.

India's mutual funds base to top $325 bn by 2018: RCAM's Sikka

Last Updated: Sunday, May 10, 2015, 18:21

Riding on the overall positive mood on the Indian economy, the asset base of the mutual fund industry in the country is set to grow faster at 18.6 percent per annum to top Rs.20 lakh crore ($325 billion) by 2018, says a top industry expert.

MF asset base from smaller cities up 36% at Rs 1.89 lakh cr

Last Updated: Sunday, May 3, 2015, 11:04

Industry experts attributed the increase in contributions from B15 cities to huge compensation given to distributors, investor awareness and education programmes by MFs as well as incentive schemes launched by capital markets regulator Sebi.

MF investment in debt market soars to Rs 6 trillion in FY15

Last Updated: Friday, April 3, 2015, 14:12

Moreover, mutual fund houses are upbeat about overall inflows in equities and debt markets for the current financial year (2015-16) as well.

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.

Sebi looking into concerns over commission cap in MF industry

Last Updated: Sunday, March 29, 2015, 12:20

Mutual fund industry's apex body AMFI's decision to implement the cap on upfront commission from April has created a rift among large mutual fund (MF) houses and small players.

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.

Gold ETFs record Rs 1,300 cr outflow in first 10 months of FY'15

Last Updated: Sunday, February 22, 2015, 10:44

According to the latest data available with Association of Mutual Funds in India (AMFI), gold ETFs witnessed an outflow of Rs 1,290 crore during April-January period of the current fiscal (2014-15) by MFs.

MF assets base from smaller cities rises 31% to Rs 1.85L crore

Last Updated: Thursday, February 12, 2015, 17:19

The contribution of the country's smaller towns -- known as beyond-15 cities (B15) -- to mutual funds asset base has surged by 31 per cent over the last nine months of the current fiscal (2014-15) to Rs 1.85 lakh crore.