Indian Mutual Fund: SIPs accounts stood at 2.98 CRORE!

Mutual Fund SIPs accounts stood at 2.98 CRORE! The total amount collected through SIP during December 2019 was Rs. 8,518 crore Indian Mutual Funds have currently about 2.98 crore (29.8 million)  SIP accounts through which investors regularly invest in Indian Mutual Fund sche…

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AMFI Report : 2.03 crore investors have invested in Mutual funds

AMFI Report : 2.03 crore investors have invested in Mutual funds The latest (December, 2019) AMFI data shows that the mutual fund (MF) industry has 2.03 crore unique investors as on December 2019. 2019 ended on a positive note for the Rs.27 lakh crore Indian mutual fund indus…

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Equity Mutual Fund Assets: In 6 years Rs. 2 lakh cr to Rs. 11 lakh cr

Equity Mutual Fund Assets: In 6 years Rs. 2 lakh cr to Rs. 11 lakh cr Between 2013 and 2020, Mutual Funds have seen their equity assets zoom from Rs. 2 lakh cr to Rs. 11 lakh cr  Today (December, 2019), Rs. 8.5 lakh cr of that is invested in the top 100 stocks, and Rs. 1.9 la…

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Bajaj Finance : Systematic Deposit Plan

Bajaj Finance : Systematic Deposit Plan Bajaj Finance has launched a monthly savings plan. Investors in the Systematic Deposit Plan can choose a tenure ranging from one to five years. However, unlike bank recurring deposits where the rate is fixed, here the interest rate is…

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Axis All Seasons Debt Fund of Funds

Axis All Seasons Debt Fund of Funds Axis Mutual Fund has launched the Axis All Seasons Debt Fund of Funds. The Fund of Funds will invest in schemes from across fund houses and debt fund categories.  The minimum investment is ₹5,000. The NFO closes on 2020,  22 January. FOR MOR…

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