Equity mutual fund inflows rise 24% in June; small-caps, gold
Total assets under management (AUM) climbed to ₹74.40 lakh crore in June, up 3% from ₹72.20 lakh crore in May. Source
Read MoreTotal assets under management (AUM) climbed to ₹74.40 lakh crore in June, up 3% from ₹72.20 lakh crore in May. Source
Read MoreThe number of SIP accounts contributing during the month stood at 8.64 crore, higher than 8.56 crore in the previous month. Source
Read MoreExperts said the inflows were supported by better valuations, broad-based market performance, and portfolio reallocations amid subdued returns from other asset classes. Source
Read MoreThe moderation in net outflows was supported by a recovery in several low- and medium-duration categories. Source
Read MoreInflows rose sharply from ₹291.91 crore in May. Source
Read MoreFollowing basic safety steps can reduce the risk of fraud and enhance your digital payment experience, NPCI said in a statement. Source
Read MoreSome plans offering this flexibility include ICICI Lombard’s Elevate plan, CARE’s Supreme plan, and Niva Bupa’s Health ReAssure plan. Source
Read MoreAMFI mutual funds June data Highlights: In June, net equity inflows rose to ₹23,568 crore, compared to ₹18,994.56 crore in May. That’s a 24% month-on-month increase. Source
Read MoreBoth limited pay and TROP plans tweak the standard term plan to address different needs. Limited pay helps finish payments early and avoid lapses later. TROP adds a maturity benefit if you outlive the policy. Source
Read MoreThe New Fund Offer (NFO) will open on July 11 and closes on July 25. Units will be priced at ₹10 each during the offer period. Source
Read More