Mutual funds’ asset base rose to a little over Rs 24 lakh crore by November-end, an increase of 8 percent from a month ago led by strong inflow in liquid schemes. According to data on Association of Mutual Funds of India (AMFI), the asset under management (AUM) of 42-player mutual ... Read More »

Contribution of the country’s small towns to mutual funds asset base surged 46 per cent to Rs.3.5 lakh crore by June-end due to initiatives taken by markets watchdog Sebi and the sectoral regulator Amfi. Mutual funds’ assets under management (AUM) from B15 locations – small towns beyond top 15 (T15) ... Read More »