Mutual funds' AUM rises to Rs 25.49 lakh crore in June quarter
Friday, July 5, 2019, 8:55 PM
Mutual funds' asset base increased to Rs 25.49 lakh crore in April-June 2019, a rise of 4.14 per cent over the previous quarter, on the back of increased retail participation. The asset base of the industry, comprising 44 players, stood at Rs 24.48 lakh crore in the preceding three months, according to data by the Association of Mutual Funds in India (Amfi).
AMFI new campaign to focus on debt investment benefits
Sunday, August 26, 2018, 2:06 PM
The Association of Mutual Funds of India (AMFI) is all set to come out with its next campaign that will focus on the benefits of investing in debt funds, following the popular ‘Mutual Funds Sahi Hai’ drive. At present, debt fund investment by retail investors constitute just 10%, while the rest is equity, and this ratio is not prudent asset allocation