TheNewsClues
Clues by Admin • 16 Aug 2018, Thursday
Online brokerage firm Zerodha reported total assets under management of Rs 1,600 crore on its direct mutual funds' investment platform called Coin that it launched in March last year. Zerodha, which competes with players like FundsIndia in the mutual funds business, ... Continue Reading
Read More at The Economic Times
Clues by Admin • 16 Aug 2018, Thursday
Investors pumped a staggering Rs 10,585 crore in equity mutual funds in July, mainly driven by strong corporate earnings and near normal monsoon. With this, total inflow has reached to over Rs 43,300 crore in equities during the current financial year (April-July), ... Continue Reading
Read More at Livemint
Clues by Admin • 23 Jul 2018, Monday
Mutual fund houses do not allow you to reduce your monthly commitments midway in existing SIPs. The easiest way to reduce your monthly SIP commitment is by stopping all or a few of them and re-starting a new one, albeit ... Continue Reading
Read More at Livemint
Clues by Admin • 10 Jul 2018, Tuesday
Investors pulled out nearly Rs 150 crore from Gold exchange-traded funds (ETFs) in the April-June quarter. According to the latest data available with the Association of Mutual Funds in India (Amfi), a net sum of Rs 146 crore was pulled out in 14 ... Continue Reading
Read More at The Financial Express
Clues by Admin • 6 Jun 2018, Wednesday
Markets regulator SEBI has asked mutual fund houses to prominently disclose on a daily basis its total expenses ratio (TER) charged to customers for all schemes under a separate head on their websites as well as industry body AMFI website. ... Continue Reading
Read More at Business Today
Clues by Admin • 5 Jun 2018, Tuesday
The government has issued a list of FAQs on the applicability of GST on various services. GST shall be levied upon exit loads charged by mutual funds (whether or not as a fixed percentage). GST will be levied on processing ... Continue Reading
Read More at The Economic Times
Clues by Admin • 24 May 2018, Thursday
HDFC Bank is clocking loan sales of Rs 1,000 crore per month through its digital platforms extending personal loans and loans against securities. HDFC Bank launched the online loans against mutual funds today in association with CAMS and has an approved ... Continue Reading
Read More at The Economic Times
Clues by Admin • 14 May 2018, Monday
Investors have pumped in a whopping over Rs 12,400 crore in equity mutual funds in April, much higher than the Rs 6,650 crore inflow in March, according to the data from the Association of Mutual Funds in India (AMFI). The assets under ... Continue Reading
Read More at Business Today
Clues by Admin • 8 May 2018, Tuesday
Mutual Funds asset base recorded a growth of 9% to stand at a whopping Rs 23.25 lakh crore in April 2018 as against Rs 21.36 lakh crore in March end, data from Association of Mutual Fund in India (AMFI) showed. Greater awareness campaigns drew ... Continue Reading
Read More at The New Indian Express
Clues by Admin • 16 Apr 2018, Monday
Retail Investors are increasingly opting the SIP (systematic investment plans) route to invest in mutual funds with the industry collecting Rs 671.9 billion in 2017-18 while the collections stood at Rs 439.21 billion in 2016-17. The increased interest in SIPs can be ... Continue Reading
Read More at Business Standard
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