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AMCs Add 51 Lakh Investor Accounts In Jun Qtr On Increasing Awareness About MFs

AMCs Add 51 Lakh Investor Accounts In Jun Qtr On Increasing Awareness About MFs

In comparison, 93 lakh accounts (or folios in mutual fund parlance) were opened in March quarter, while a staggering 3.2 crore investor accounts were added in the last 12 months, data with the Association of Mutual Funds in India (Amfi) showed

10 July 2022
Axis AMC Terminates Chief Trader Viresh Joshi Over Alleged Front-Running Allegations

Axis AMC Terminates Chief Trader Viresh Joshi Over Alleged Front-Running Allegations

Earlier this month, Axis AMC had suspended two of its fund managers, including Joshi, pending completion of the investigation.

19 May 2022

Sebi’s Timeline For MF Rebalancing: Know All Details Here

Sebi has come out with a timeline for mutual fund portfolio rebalancing. Read here to know more about what it is, and how AMCs will have to report this

Navi MF Launches Nifty Bank Index Fund, NFO To Remain Open Till Jan-End

Navi MF Launches Nifty Bank Index Fund, NFO To Remain Open Till Jan-End

Navi Mutual Fund has launched Navi Nifty Bank Index Fund, an open-ended passive equity scheme. The NFO will remain open till January 31.

17 January 2022

Maximum Number Of Mutual Fund Investors Earn Less Than Rs 5 lakh. What’s The Secret?

Recent data shows that individuals having an annual income of Rs 5 lakh or less contribute more than 70 per cent of individual MF investments, but...

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29 October 2021
Sebi Guidelines: Know The Details Of Two-Tiered Benchmarking For MFs

Sebi Guidelines: Know The Details Of Two-Tiered Benchmarking For MFs

The first-tier benchmark shall be reflective of the category of the scheme and the second-tier benchmark should be demonstrative of the investment style.


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