amfi

Despite volatile markets, investors continued to pour money into mutual funds in April, with equity funds seeing Rs 38,440 crore in net inflows and debt funds experiencing a significant Rs 2.47 lakh crore. This marks the 62nd consecutive month of equity inflows, indicating a balanced, allocation-focused approach by investors seeking diversified strategies to navigate market fluctuations.

A mutual fund distributor, a long-time BJP supporter, shared how Rahul Gandhi maintained a professional relationship despite political differences. Gandhi humorously responded, urging faster investment returns. This light-hearted exchange garnered significant attention online, with many praising the civility and humor, while some questioned the professional ethics of revealing the client relationship.

Investors from Tier-2 & -3 cities embrace stocks and mutual funds, but gaps in advisory may leave many vulnerable

Mumbai, May 8 () Heeding to the regulator Sebi's direction, the mutual fund houses have agreed to contribute 0.01 per cent of their total asset under management (AUM) to the industry body amfi for investors awareness programmes -- a move that could entail contribution of over Rs 140 crore.

The CFMA alleged that the amfi, the body claims to protect and promote the interests of mutual funds and their unitholders, has been a mute spectator ever since the FTMF scam ballooned to a whopping Rs 28,000 crore broke in April this year, and has now suddenly rushed to defend the indefensible fund house by calling an FIR registered against it as "dangerous and undesirable precedent."

A Balasubramanian of Birla Mutual Fund was on Friday elected the chairman of the fund industry trade body amfi, after the incumbent, Leo Puri of UTI Mutual Fund last week said he will not continue for a second term. G Pradeep Kumar, CEO, Union KBC MF has been elected as the vice chairman of amfi.

New Delhi, Mar 17 () Mutual fund industry body amfi today launched a comprehensive media campaign as a part of an investor awareness outreach programme, which is aimed to position such products as a preferred investment option.

New Delhi, Sep 29 () The association of mutual funds should seriously pursue efforts to streamline board governance and review long-term funding plans, amfi's outgoing chairman Leo Puri said today.

Capital markets regulator Sebi will restore the cut-off timing for buying and selling of equity mutual fund units to 3 pm from Monday, according to industry body amfi.

Mutual funds industry trade body amfi has proposed to the finance minister to allow fund houses to launch debt-linked saving schemes (DLSS) that would allow investors tax benefits, thereby deepening the bond market.

Association of Mutual Funds in India has announced the launch of district adoption program, as a part of its investor awareness campaign.

MUMBAI: Unit Trust of India saw redemptions of Rs 2,265 crore in June, including repurchases of Rs 2,034 crore pertaining to the now suspended US-64 scheme for May, according to Association of Mutual Funds in India (amfi) data.

Mutual fund industry body amfi on Friday said it has reduced the ARN (amfi Registration Number) registration and renewal fees for most distributor types, including individual ones, by 50 per cent of the existing rates, effective from May 1.

It's the first sign of consolidation in the mutual fund distribution space. BSE, which runs the segment-leading StAR MF fund distribution platform that has a 85% marketshare in the organised distribution space, is in talks to acquire MF Utilities, fund industry trade body amfi's platform for an undisclosed amount.