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Mutual funds collect Rs 8,064 crore via SIP in January

Tuesday, February 12, 2019, 7:40 AM

The mutual fund industry added assets worth Rs 65,439 crore in January 2019, taking total assets under management to Rs 23.37 lakh crore. Categories such as income, liquid and equity funds saw positive inflows, while balanced and gilt funds saw outflows. Retail investors continued to use mutual funds to help meet long-term life goals.
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Mutual Funds SIP flow climbs 42% to Rs7,985 crore in October

Tuesday, November 13, 2018, 5:55 PM

Mutual funds received around Rs 7,900 crore of assets through systematic investment plans (SIP) in October, 42 percent higher than last year. SIP inflows stood at Rs 7,727 crore in the preceding month. The upward trend came despite sustained selling pressure in domestic equity markets during September and October. The BSE Sensex fell 6.44 percent in September and 5 percent in October.
 
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New SIP registrations up 92% in FY18: CAMS Asset Management

Sunday, April 29, 2018, 12:45 PM

Increase in investor awareness and confidence in mutual funds have contributed to a 92 percent rise in registrations of new Systematic Investment Plan in the last financial year, a top official of CAMS Asset Management Services said. A Systematic Investment Plan allows customers to invest in mutual funds, creating wealth over a long period of time.

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