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.

Mutual Fund global asset base climbs to record $74 trillion in 2014

Last Updated: Wednesday, July 8, 2015, 17:21

The asset base of mutual fund industry worldwide climbed 5 percent to a record USD 74 trillion in 2014, primarily on account of strong performance of the Asia-Pacific region, led by China and India.

MFs to have 10-cr investor a/c, Rs 20-trillion asset base by 2018

Last Updated: Sunday, May 10, 2015, 12:26

Mutual fund industry is set to achieve an investor base of 10 crore accounts in the next five years, while their asset base can touch Rs 20 crore in just about three years, helped by positive market sentiments and growing interest among retail investors.

Mutual Fund industry SIP count up 18% to 73 lakh

Last Updated: Wednesday, April 29, 2015, 14:11

Showing a strong surge in retail investor interest, mutual fund industry has seen the number of its new Systematic Investment Plans grow by 18 per cent to 73 lakh at the end of March 2015.

China mutual fund offerings snapped up as once-scared investors pile in

Last Updated: Monday, March 30, 2015, 09:43

China`s once-struggling mutual fund industry is riding high on the country`s surging stock market, with new funds snapped up in days by investors who long shunned shares as too risky.

MF accounts drop by over 24 lakh during Apr-Nov

Last Updated: Wednesday, January 1, 2014, 13:48

Mutual fund industry has lost an estimated over 24 lakh investors, measured in terms of individual accounts or folios, in the first eight months of the current fiscal.

Next year likely to bring cheer to MF industry: IDBI MF

Last Updated: Tuesday, December 24, 2013, 23:16

At the end of November 30, total assets under management of mutual funds rose to Rs 8.9 lakh crore from Rs 7.01 lakh crore as on March 31, 2013.

Mutual fund industry's AUM drops 4.5% in July-Sept quarter

Last Updated: Saturday, October 5, 2013, 00:27

Assets under management (AUM) of the mutual fund industry fell by 4.5 per cent to Rs 8.08 lakh crore in July-September quarter amid continued volatility in the rupee and stock markets.

MFs' exposure to software stocks at 3-month high

Last Updated: Wednesday, August 7, 2013, 16:24

The mutual fund (MF) industry is betting big on software companies as its equity exposure to the sector rose to three-month high of Rs 18,430 crore at the end of June.

Sebi rejigs its advisory committee on mutual fund

Last Updated: Wednesday, July 17, 2013, 15:27

Sebi has revamped its committee that advices the market regulator on matters related to regulation and development of mutual fund industry.

Number of MF accounts declined by 36 lakh in 2012-13

Last Updated: Wednesday, May 8, 2013, 13:30

The mutual fund industry lost more than 36 lakh investors, measured in terms of individual accounts or folios, in the 2012-13 financial year.

MF investor accounts dip by over 34 lakh

Last Updated: Sunday, April 7, 2013, 11:32

The mutual fund industry lost more than 34 lakh investors, measured in terms of individual accounts or folios, in the first 11 months of fiscal 2012-13.