New Delhi, July 11 (IANS) SBI Funds Management Ltd, whose Rs 11,693 crore initial public offering (IPO) opens on July 14, has dependence on assets under management (AUM), market volatility, concentration in a few mutual fund schemes, reliance on the SBI distribution network and regulatory changes among the key risks to its business, according to its Red Herring Prospectus (RHP).According to the company’s offer documents, its revenue and profitability are substantially dependent on quarterly aver…
Latest Mutual Fund Industry News & Updates
New Delhi, July 11 (IANS) Hybrid Long‑Short Funds accounted for 67 per cent of Specialised Investment Fund assets under management, contributing Rs 11,910 crore to total SIF AUM of Rs 17,858 crore, a report said on Saturday.The report from ValueMetrics said Hybrid Long‑Short Funds had an average folio size of Rs 35 lakh.Hybrid Investment Strategies accounted for 72 per cent of total SIF AUM at Rs 12,822 crore, with an average folio size of Rs 32.7 lakh.Total SIF inflows stood at Rs 3,782 cro…
New Delhi, July 10 (IANS) Equity-orientated mutual funds attracted net inflows of Rs 28,973.41 crore in June — up 26.47 per cent month-on-month — which indicated sustained investor interest in equities despite volatility in the broader market amid geopolitical tensions, according to monthly data released by the Association of Mutual Funds in India (AMFI) on Friday.The equity mutual fund category mobilised Rs 67,600.90 crore during the month, while redemptions stood at Rs 38,627.49 crore, resul…
New Delhi, July 3 (IANS) The mutual fund industry has become a key pillar of India’s financial markets by helping households create long-term wealth and providing stable domestic capital for economic growth, but millions of Indian households are still outside the mutual fund ecosystem, making innovation in products, distribution and investor communication critical for broader participation, SEBI Whole-Time Member Amarjeet Singh said on Friday.Addressing ASSOCHAM’s 17th Mutual Fund Summit on the …
Mumbai, June 20 (IANS) Banking, financial services and insurance (BFSI) thematic funds led the investment universe in May, returning 5.5 per cent and attracted Rs. 1,013 crore in inflows due to prevalence of large cap stocks, a report said on Saturday.The report from Vallum Capital noted an anomaly where micro‑cap funds became May’s best performers, returning 5.7 per cent, but saw weak inflows and small‑caps returned 3.4 per cent and attracted Rs 2,229 crore.Large‑cap funds, by contrast,…
New Delhi, June 13 (IANS) India’s systematic investment plan (SIP) story remains compelling as the monthly SIP book has grown nearly tenfold over the last decade, a report said on Saturday.The SIP book has grown from Rs 3,189 crore in May 2016 to Rs 30,954 crore in May 2026, surviving multiple disruptions including demonetisation, Covid-19, the Russia-Ukraine war, and global tariff headwinds, the report from ValueMetrics said.However, outstanding systematic investment plan accounts reached 1,0…
New Delhi, June 11 (IANS) Hybrid long‑short funds contributed 70 per cent of total Specialised Investment Funds (SIFs) assets under management in May, amounting to Rs 9,709 crore and recording an average folio size of Rs 33.9 lakh, a report said on Thursday.The report from ValueMetrics said total SIF AUM stood at Rs 13,814 crore as of May 31, 2026, with an average folio size of Rs 24.3 lakh.Equity‑oriented strategies contributed 28 per cent of SIF AUM, amounting to Rs 3,843 crore with an ave…
New Delhi, May 11 (IANS) The mutual fund industry in India continued to witness strong investor participation in April, with overall industry inflows rising to Rs 3.22 lakh crore, while gold exchange traded funds (ETFs) recorded robust growth amid heightened geopolitical uncertainty surrounding tensions between the US and Iran, according to data released by the Association of Mutual Funds in India (AMFI) on Monday.The data also showed that actively managed equity mutual funds attracted net inflo…
New Delhi, April 16 (IANS) Equity‑oriented mutual funds saw a robust 17.38 per cent year‑on‑year (YoY) increase in average assets under management in March, driven by strong flows into flexi Cap, mid Cap and thematic funds, a report said on Thursday.The report from Abakkus Mutual Fund said that flexi Cap Funds emerged as the largest and fastest‑growing category, with average net AUM rising to around Rs. 5.28 lakh crore, compared to Rs 4.22 lakh crore a year ago, registering a 25.10 per c…
Mumbai, April 13 (IANS) The domestic mutual fund industry closed FY26 with assets under management (AUM) rising 12.2 per cent to Rs 73.73 lakh crore, adding Rs 8 lakh crore to its asset base over the year as sustained equity market volatility weighed on overall growth, according to latest data released by the Association of Mutual Funds in India (AMFI).In addition to the full-year AUM growth, March data pointed to a sharp rebound in equity fund appetite even after geopolitical tensions. Inflows …