The equity market’s recent downturn appears unlikely to slow the brisk pace of mutual fund (MF) scheme launches, at least in the coming weeks. Illustration: Uttam Ghosh/Rediff.com Last......
The mutual fund industry’s QAAUM (Quarterly Average Assets Under Management) was up 37 per cent year-on-year (Y-o-Y) (9 per cent Q-o-Q) to hit Rs 59 trillion (end Q1FY25). Illustration:......
'The correction in the markets in the initial part of August provided investors a good buying opportunity.' Illustration: Uttam Ghosh/Rediff.com Equity mutual fund schemes raked in a net of......
Redemptions from systematic investment plan (SIP) accounts scaled a new high of Rs 14,367 crore in July, indicating investors booked profits following back-to-back months of gains in the market.......
'Those satisfied with returns and not expecting further rally could be booking profits and also stopping SIPs.' Illustrations: Dominic Xavier/Rediff.com Redemptions from systematic......