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Economy

SIP Inflows exceed Rs 23,000 Cr for the first time in July

SIP investments rose from Rs 21,262 crore in June to Rs 23,332 crore in July, reflecting a 10% increase as per the AMFI data.

News Arena Network Aug 10 2024

Business

Mutual fund investment in north east doubles, surpasses ₹40,324 cr

The combined share of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura rose to 0.73 per cent of the total average asset under management (AAUM) of the mutual fund industry, which stood at Rs 55.01 lakh crore in March 2024. 

May 13 2024

Economy

Mutual fund boom: 47 lakh new investors in Jan

With this addition, mutual fund folios of the industry stood a shade away of 17 crore at 16.96 crore currently, a surge of 19 per cent from 14.28 crore registered a year earlier, latest data with the Association of Mutual Funds in India (AMFI) showed.

Feb 20 2024

Business

Axis Mutual Fund's thematic fund collects Rs 3,400-cr in NFO period

Axis India Manufacturing Fund, an open-ended equity scheme, was open during December 1-15.

Dec 22 2023

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