In FY 2024, the growth of Systematic Investment Plans (SIPs) in India has been remarkable, reflecting a rise in retail participation in mutual funds. Net inflows reached nearly ₹2 lakh crore, up from ₹1.55 lakh crore in the previous year. Monthly contributions hit new highs throughout the year, crossing ₹21,000 crore in June and reaching …
As 2024 moves near to close, investors and financial experts are reflecting on the year’s market trends and the performance of various investment strategies. Among the most sought-after options for diversified portfolios, hybrid funds have attracted considerable attention. These funds, which combine equities and fixed-income securities, provide a balanced approach to managing risk while pursuing …
Debt funds are Mutual Fund schemes that invest in fixed-income securities such as government and corporate bonds, money market instruments, and corporate debt. These funds aim to provide capital appreciation and steady income, making them a suitable option for risk-averse investors. Known for their relatively stable returns, debt funds are less volatile compared to equity …
Sectoral and thematic funds can be a well-known investment choice for those looking to capitalise on specific market segments or themes. These funds gain attention due to their ability to target industries or trends poised for growth, such as technology, healthcare, or sustainability. While they offer high growth potential, they can also come with increased …
The investors are constantly looking for effective investment options and Equity Linked Savings Schemes (ELSS) have become one of the most popular and attractive investment vehicles in India. These mutual funds not only offer an opportunity for wealth creation but also help investors save taxes under Section 80C of the Income Tax Act. In this …
According to the Association of Mutual Funds in India (AMFI), equity mutual fund inflows in November 2024 amounted to ₹35,927.3 crore, marking a decline of 14.1% from ₹41,865.4 crore in October. Inflows into large-cap funds witnessed a sharper drop of 26.3%, from ₹3,452.3 crore in October to ₹2,547.9 crore in November. The Indian Mutual Fund …
Sundaram Mutual Fund has announced an income distribution under the Income Distribution cum Capital Withdrawal (IDCW) option of its Sundaram Diversified Equity Fund. Investors in both the Regular and Direct plans of this fund can look forward to receiving the distribution. Distribution Details Sundaram Diversified Equity Fund Regular Plan: ₹0.127 per unit Sundaram Diversified Equity …
In 2024, the assets under management (AUM) of open-ended mutual funds have grown ~29%, increasing from ₹52.44 lakh crore in January to ₹67.81 lakh crore in November 2024, with equity mutual funds leading the growth. Equity mutual funds saw a 35% increase in their total AUM in 2024, rising from ₹22.50 lakh crore in January …
Equity mutual funds saw a 35% rise in total assets under management (AUM) in 2024, increasing from ₹22.50 lakh crore in January to ₹30.35 lakh crore by November. Mutual Fund SIP accounts in India have reached an impressive 10.23 crore (102.3 million) by November 2024. The total contributions collected through SIPs in November stood at …
There has been a steady rise in 2024 in the preference for index mutual funds. Amidst the volatility and economic uncertainties, investors have increasingly turned to index funds for their stable and diversified growth potential. According to the AMFI portal’s monthly report for November 2024, there are 270 open-ended index mutual funds listed, highlighting the …
