According to Association of Mutual Funds in India (AMFI) data, the domestic industryNulls average AUM rose 14% YoY to Rs 37.75 lakh crore in the quarter ended Jun 2022 from Rs 33.2 lakh crore at the end of Jun 2021. The rise came due to sustained inflows in equity schemes by way of SIPs (Systematic Investment Plans) and lumpsum investments. During quarter ended Mar 2022, the asset base of the industry was at Rs 38.38 lakh crore.

SEBI has discontinued the use of pool accounts for mutual fund transactions by online platforms, stockbrokers, or distributors has been discontinued, and two-factor authentication is now required in order to conduct a transaction.

Capital markets regulator Sebi on Thursday came out with the disclosure framework for asset management companies, mandating a scheme-wise disclosure of investments in securities of entities that are excluded from the definition of "associate". This came after Sebi, earlier this month, amended mutual fund rules to remove the applicability of the definition of "associate" to sponsors that invest in various companies on behalf of the beneficiaries of insurance policies or such other schemes.

According to AMFI, the number of valid ARNs declined 10% to 1.05 lakh on Jun 30, 2022 from 1.16 lakh on Mar 31, 2022. The decline in ARN count is a result of multiple extensions in ARN renewal deadlines due to covid-19. The extensions made sure that even ARNs that expired after Mar 15, 2020, would still be valid until Mar 31, 2022. In Apr, AMFI finally started the process of invalidating expired ARNs.

Investor accounts at Central Depository Services (CDSL), India's largest depository, crossed seven crore as on August 31, pushing the tally beyond the milestone. As on March 31, 2020, the total number of investor accounts with CDSL and National Securities Depositories were at 4.09 crore.

Federal Reserve Chair Jerome Powell warned that the process of conquering the highest inflation in 40 years will involve some pain.

According to AMFINulls projection, if MFDs increase their AUM to Rs. 10 crore in five years they might earn Rs. 6.59 lakh annually. This was emphasised at the beginning of AMFINulls new project, "Mutual Fund Distributor Karein Shuru?" The project intends to elevate MF distributionNulls standing and establish it as a successful business prospect.

Foreign portfolio investors net sold shares worth ?2,509.55 crore on Friday, according to provisional data. Their domestic counterparts were buyers to the tune of ?263 crore. NSE's Nifty fell 88.5 points or 0.5% to close at 17,629.80. BSE's Sensex declined 337 points or 0.57% to end at 59,119.72.

According to AMFI, the mutual fund industry welcomed 50 lakh new investors in the first seven months of 2022, representing a 16% increase. By the end of Jul 2022, the total number of unique investors had reached 3.50 crore.

Inflows into open-ended equity mutual funds slumped 31% to ?6,119.58 crore in August as investors continued to take money off the table amid rising interest rates and sticky inflation, showed data issued by Association of Mutual Funds in India (Amfi) on Friday.

As per media reports, the Mutual Fund Advisory Committee (MFAC) of SEBINulls recommended the regulator to review the instant withdrawal limit in overnight and liquid funds should be increased from Rs. 50,000 to Rs. 2 lakh. The goal is for liquid/overnight funds to take the place of savings bank accounts so that investors can receive greater risk-adjusted returns after taxes.

According to data by AMFI, SIP contribution aggregated to Rs. 48,565 crore for the period Apr-Jul 22. Total number of outstanding SIP accounts stood at 561.94 lakh during the period. A total of 76.92 lakh new SIP was registered while 42.71 lakh accounts were discontinued during the above period. The SIP fund corpus stood at Rs. 6.09 trillion for the period Apr-Jul 22.