The Rise of Mutual Fund
The soaring equity market has a rub off impact on mutual fund industry. This is what many of us believe. The reason for such belief is continuous net outflow of funds from equity dedicated funds that we saw between July 2020 and February 2021. Nonetheless, a latest month inflow of funds towards equity dedicated fund depicts entirely a different picture about mutual fund industry.
The monthly data released by industry body, Association of Mutual Funds in India (AMFI), for the month of December 2021 was very encouraging from equity mutual fund perspective.
According to the monthly data from AMFI, inflows of equity mutual funds has more than doubled to Rs 25,077 crore in December 2021 compared to Rs 11,615 crore that we witnessed in the month of November 2021 and against an outflow of Rs 10,147 crore in same month last year. Net inflows registered in December 2021 in equity MF is the highest since April 2018.
Even investment through SIP route in the month of December 2021 has come at Rs 11305 crore, which seems to be highest ever figure.
Considerable inflows surprised positively, and underlying quality and granularity have improved too, with robust SIP flows, up month on month in Apr-Dec 21, averaging nine per cent of annualised equity assets under management (AUMs). SIP ticket sizes have gradually declined from Rs 2900 thousand per SIP account in FY19 to Rs 2000 now, implying improved SIP flow granularity. Apart from healthy inflows, strong market returns of 22 per cent have also aided 36 per cent growth in equity AUMs.
هذه القصة مأخوذة من طبعة February 2022 من Indian Economy & Market.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة February 2022 من Indian Economy & Market.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
NEW INVESTMENT PRODUCT CATEGORY IS SEBI'S LATEST MOVE COMMENDABLE?
The Securities and Exchange Board of India (SEBI) has introduced a consultation paper proposing a new investment product category aimed at addressing a specific market need. This proposed asset class would offer investment options that sit between mutual funds (MFS) and PMS, filling a gap and providing greater flexibility in portfolio management. The new investment vehicle is designed for investors who are prepared to take on riskier market positions but find PMS schemes or AIFs out of reach. SEBI after reviewing the feedback and finalizing the regulations through stakeholder discussions, may issue the final regulations.
DECODING THE CHINA MYTH
Myths die hard. Among these is the great myth that China's poised to take over the world. Here, James Rickards debunks that myth.
What Is In Store For The Indian Economy?
Until the 2014 Lok Sabha elections, when the Bharatiya Janata Party secured 282 seats and Narendra Modi ascended to power, India experienced 21 years of coalition governments. A decade later, the BJP holds 240 seats in the Lok Sabha, and India is once again governed by a coalition. Fitch has indicated that coalition politics and a weakened mandate for the NDA could hinder the passage of ambitious reform legislation. It raises the question: Do coalition governments impede the economic reform agenda?
Transforming The Indian Stock Market
With a rising number of millennials, Gen Z investors, and tech-savvy traditional investors, Robo advisors are making a significant impact on the FinTech and WealthTech sectors. Factors like growing per capita income, favourable demographics, and increasing smartphone and internet Usage further enhance India’s potential as a robust market. Al’s role in stock market analysis is unquestionably growing. It enhances rather than replaces human judgment, providing powerful tools for informed investment decisions.
Rudra Global Infra Products Ltd.
READY FOR EXPONENTIAL GROWTH WITH ENTRY INTO AEROSPACE & DEFENCE SECTOR
Dividend Powerhouses Best 5 Stocks for Yield and Growth
Enhance your investment strategy in these volatile times with these highyield dividend stocks known for their strong performance and reliability.
Face to Face
\"We believe ourselves to be service providers and not any goods manufacturer\"
THE REALITY OF CORPORATE ESG INITIATIVES
Today, environmental, social, and governance (ESG) considerations dominate business discussions and have become an integral part of the strategies of many organisations in different industries. While some companies are grappling with these new standards and commitments, others, already aligned with the Sustainable Development Goals (SDGs), are well prepared to meet the evolving regulations and standards related to corporate social responsibility (CSR) and ESG.
Standard Capital Markets Ltd. Incorporates Subsidiary for Insurance Broking
Standard Capital Markets Ltd., a leading player in the financial services sector, has announced that it has incorporated a subsidiary under the name of “Standard Insurance Broking Ltd.” to act as a Direct broker under the Insurance Regulatory and Development Authority of India (Insurance Brokers) Regulations, 2018.NOC of Insurance Regulatory and Development Authority of India already taken and now company will also apply for taking Insurance Broking License of Insurance Regulatory and Development Authority of India (IRDAI).
THE IMMINENT MIDDLE EAST WAR
Recent intelligence from a variety of sources points to an Israeli war against Hezbollah, which is an Iranian proxy. Hezbollah is systematically attacking Israeli bases, radars, intelligence-collections facilities and other defense system components. Now the attacks are spreading to include Israeli settlements in the West Bank and Galilee. You’re just not hearing about it in the mainstream media. These attacks have three effects: They break down Israeli military and intelligence systems, terrorize the civilian population and handicap Israel’s ability to conduct air attacks on Syria or Lebanon. James Rickards points out why all these are imminent.
