Mumbai, May 16 (IANS) Domestic equity markets witnessed another week of sharp correction, with benchmark indices declining over 2 per cent each amid rising crude oil prices and ongoing geopolitical tensions in West Asia.Nifty declined by 2.2 per cent or 532 points during the week to close at 23,643.5 against the previous Friday’s closing, while Sensex dropped 2.7 per cent or over 2,000 points to end at 75,238.Meanwhile, broader markets remained under heavier pressure, with the mid-cap index fall…
Latest SIP News & Updates
New Delhi, May 9 (IANS) A growing share of systematic investment plan (SIP) inflows is now coming from smaller towns and rural areas, reflecting the rapid expansion of India’s retail investor base beyond major cities, HDFC AMC Managing Director and CEO Navneet Munot said on Saturday.Speaking to IANS, Munot said the ‘democratisation’ of India’s capital markets is accelerating, with participation rising across age groups and geographies.”It is encouraging to see thousands of people showing int…
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 …
New Delhi, April 11 (IANS) Domestic institutional investors (DIIs) continued to provide crucial support to Indian equity markets this week, offsetting sustained selling by foreign institutional investors (FIIs), as global sentiment improved after a reported US‑Iran ceasefire, exchange data showed.FIIs offloaded equities worth Rs 20,710 crore during the week, while DIIs emerged as net buyers with investments totalling Rs 21,602 crore, helping benchmark indices recover over 5 per cent over the p…
Mumbai, April 10 (IANS) Equity Mutual Funds (MFs) witnessed robust growth in March, with investments in actively managed funds rising to Rs 40,450.26 crore — the highest since July 2025 — compared to Rs 25,977.81 crore in February, according to data released by the Association of Mutual Funds in India (AMFI) on Friday.Meanwhile, Systematic Investment Plan (SIP) contributions hit a record high of Rs 32,087 crore in March, up from Rs 29,845 crore in February, indicating continued retail particip…
New Delhi, March 10 (IANS) Monthly systematic investment plan (SIP) contributions to mutual funds stood at Rs 29,845 crore in February, a 15 per cent increase year-on-year (YoY), according to data released by the Association of Mutual Funds in India (AMFI) on Tuesday.Moreover, SIP inflows had stood at Rs 25,999 crore in February 2025.However, the February figure was lower than the Rs 31,000 crore recorded in January, which marked the second consecutive month when SIP contributions crossed Rs 31,…
Mumbai, Feb 10 (IANS) Mutual fund Systematic Investment Plan (SIP) inflows reached Rs 31,000 crore in the month of January, second consecutive month when SIP inflows were Rs 31,000 crore or more, the data released by the Association of Mutual Funds in India (AMFI) showed on Tuesday.In December, the SIP inflows stood at Rs 31,002 crore. SIP inflows increased by 17 per cent year-on-year, from Rs 26,400 crore in January 2025.According to AMFI data, 7.4 million new SIP accounts were opened in Januar…
Mumbai, Jan 14 (IANS) Billionbrains Garage Ventures, the parent company of stock broking platform Groww, on Wednesday reported a sharp fall in profits for the third quarter of financial year 2026 (Q3 FY26).The company’s consolidated net profit declined 27.8 per cent year-on-year (YoY) to Rs 546.93 crore in Q3 FY26, compared with Rs 757.11 crore in the same quarter last financial year.On the other hand, revenue from operations rose 24.8 per cent to Rs 1,216.07 crore from Rs 974.53 crore reporte…
New Delhi, Jan 9 (IANS) The mutual fund data for December highlights a maturing investor base — using debt funds tactically for liquidity while staying structurally invested in equities and diversified products for long-term wealth creation, market experts said on Friday.This balance underscores the increasing sophistication of Indian mutual fund investors, they added.Mutual fund industry’s net asset under management (AUM) stands at Rs 80,23,378.99 crore for the month of December. Net AUM for…
New Delhi, Dec 28 (IANS) Amid rising participation from Gen Z, women and households from smaller cities and towns, India’s mutual fund industry, especially the systematic investment plans (SIPs), are set to witness robust growth next year after breaking several records in 2025.In 2025, the Indian mutual fund industry saw a remarkable expansion, with assets under management (AUM) climbing to Rs 81 trillion in November, up from Rs 68 trillion in November 2024 — registering a year-on-year growt…