After a stellar 2023, the mutual fund industry sustained its growth momentum in 2024 with an impressive Rs 17 lakh crore surge in assets, driven by buoyant equity markets, robust economic growth,......
A grooming branch network for servicing HNIs is a stepping stone for a full-fledged wealth management business. Illustration: Dominic Xavier/Rediff.com Bank of India (BoI) will focus on 1,000......
The average ticket size for a systematic investment plan (SIP) is edging up, even as the pace of new account openings remains strong. Illustration: Dominic Xavier/Rediff.com SIP ticket sizes had......
Mutual funds (MFs) reinforced their record monthly inflows in October with an investment of Rs 87,000 crore (up to October 29), softening the downside pressure on domestic markets. Illustration:......
Mutual funds (MFs) managed a record Rs 66.2 trillion in assets during the July-September quarter, marking a 12.3 per cent increase over the previous three-month period — the highest quarterly......