Equity inflow drops 14% to Rs 35,943.49 cr in Nov but AUM surges to Rs 68,08,101.16 crore: AMFI data
Dec 10, 2024, at 05:22 pm
Mumbai: Inflows into equity mutual funds dropped by 14% in November, declining to Rs 35,943.49 crore from Rs 41,886.69 crore in October, according to data released by the Association of Mutual Funds in India (AMFI) on Tuesday.
Monthly mutual fund SIP inflow hits all-time high, crosses Rs 25,000 crore mark for first-time
Nov 11, 2024, at 10:31 pm
Mumbai/IBNS: Monthly contributions to mutual fund SIPs (Systematic Investment Plans) reached an all-time high of Rs 25,323 crore in October, surpassing September’s figure of Rs 24,509 crore.
How to Save Tax with SIP Investment?
Oct 01, 2024, at 08:16 pm
People can invest whenever they want throughout the year, whether it’s for placing extra funds in the market or for saving taxes. However, an issue arises when the employees are told to provide their plans for tax-saving several months before the end of the economic year. When you make an investment at the last moment, it may lead to many risks, such as choosing an incorrect product to fund, which does not provide you with the outcomes you need. That’s why it is always better to invest to save tax with the help of SIP and achieve the outcomes that you desire.
Equity mutual fund inflows drop 9% to Rs 37,000 crore in July
Aug 09, 2024, at 11:12 pm
Mumbai/IBNS: Inflow in equity mutual funds slumped 9 percent month-on-month (MoM) to Rs 37,113 crore in July 2024 owing to the drop in fund infusion in large-cap, small- and mid-cap categories, reports said.
Unlocking Growth with Step Up SIP Calculator in Mutual Funds
Apr 08, 2024, at 09:34 pm
In the ever-evolving world of investments, the mutual fund sector continues to offer innovative tools to aid investors in their quest for financial growth and security. Among these tools, the Step Up Systematic Investment Plan (SIP) calculator stands out as a beacon for those looking to amplify their investment outcomes.
What happens when you start your equity SIP and the market crashes?
Mar 20, 2024, at 06:47 pm
Starting a systematic investment plan (SIP) in equity funds is a smart way to build wealth over the long term. For an Indian audience, however, market volatility and the possibility of a crash can be a cause for concern, especially for new investors. If you have recently initiated an equity SIP and find yourself facing a market crash, it's vital to understand the implications and how to respond.
Best Mutual Funds to Start SIP in 2023
Oct 20, 2023, at 02:46 am
Mahindra Manulife Mutual Fund introduces ‘Power SIP Facility’
Jul 10, 2023, at 09:56 pm
Mumbai: Mahindra Manulife Investment Management Private Limited announced the launch of a new facility called ‘Power SIP’, under the scheme(s) of Mahindra Manulife Mutual Fund. This facility combines the features and benefits of Systematic Investment Plan (SIP) and Systematic Withdrawal Plan (SWP), enabling the investors to t reap the maximum benefits of power of compounding (SIP) in the form of a steady flow of income (SWP).
SIP contribution in Dec 2022 rose to Rs 13,573 cr against Nov's Rs 13,306: AMFI
Jan 11, 2023, at 02:46 am
Mumbai/IBNS: The SIP contribution in December 2022 increased to Rs 13,573.08 crores from Rs 13,306.49 crores in November 2022, monthly data released by the Association of Mutual Funds in India (AMFI) shows.
SIP contribution in September 2022 jumps to highest ever Rs 12,693 lakh crore: AMFI
Oct 11, 2022, at 02:27 am
SIP contribution in the month of September 2022 increased from Rs 12,693.45 lakh crore to the highest ever Rs 12,976.34 lakh crore with the number of SIP accounts standing at 5,83,77,684, according to data released by the Association of Mutual Funds of India (AMFI).
Annual SIP inflows cross Rs 1 lakh cr for the first time
Dec 14, 2021, at 10:10 pm
Mumbai/IBNS: For the first, the cumulative inflows from systematic investment plans have crossed Rs 1 lakh crore in a year, data from the Association of Mutual Funds in India (AMFI) shows.
Kotak Mutual Fund launches a digital campaign for investor education in the pandemic situation
Oct 07, 2020, at 12:48 am
Mumbai/IBNS: Kotak Mahindra Asset Management Company (Kotak Mutual Fund) has launched a digital campaign to help investors who are in a flux with the pandemic and the subsequent lockdown creating a turmoil in the financial world.
Kotak Mutual Fund launches campaign across platforms to help consumers on mutual fund decisions
Feb 14, 2020, at 04:24 pm
Kolkata/IBNS: To increase awareness about mutual fund investments and mitigate market volatility risks, especially for the millennials, Kotak Mahindra Asset Management Company (Kotak Mutual Fund) has launched a conversational Voice Bot – Mr. SIP, which aims to address queries related to Systematic Investment Plan (SIPs).
ICICI Securities launches SIP Protect
Nov 05, 2019, at 04:59 pm
New Delhi, Nov 5 (UNI) ICICI Securities (I-Sec) on Tuesday said it has launched a unique investment plus protection product – SIP Protect, which offers life insurance cover basis one’s Systematic Investment Plan (SIP) investments.