According to AMFI, the MF industry NFO collection reduced from Rs. 54,364 crore in Apr-Sep 2021 to Rs. 16,205 crore in Apr-Sep 2022. Despite introducing 56 schemes between Apr and Sep 2022, compared to 53 schemes between Apr and Sep 2021, the MF industry experienced a sharp fall in NFO receipts during the first half of FY23.

According to AMFI, new individual ARN registrations has increased by 21% to 10,800 in the first six months of FY23 from 8900 in the same period last fiscal. The industry had added highest number of individual MFDs in Sep 2022 with 2050 new registrations.

According to AMFI, the MF industry NFO collection reduced from Rs. 54,364 crore in Apr-Sep 2021 to Rs. 16,205 crore in Apr-Sep 2022. Despite introducing 56 schemes between Apr and Sep 2022, compared to 53 schemes between Apr and Sep 2021, the MF industry experienced a sharp fall in NFO receipts during the first half of FY23.

According to AMFI, equity mutual funds inflows dropped to Rs. 9,390.35 in Oct 2022 as against net flows of Rs. 14,099.73 crore in Sep 2022. Debt mutual funds continued to see net outflows in Oct 2022 as well. Debt funds saw a cumulative outflow of Rs 2,817.79 crore. Mutual fund industryâ??s net AUM stood at Rs. 39,50,323.28 crore and AAUM at Rs 39,53,208.95 crore for Oct 2022.

According to AMFI, new individual ARN registrations has increased by 21% to 10,800 in the first six months of FY23 from 8900 in the same period last fiscal. The industry had added highest number of individual MFDs in Sep 2022 with 2050 new registrations.

According to latest AMFI data, B30 cities contributed Rs. 6.74 lakh crore as of Sep 2022 compared to the industryNulls total assets of Rs. 40 lakh crore. This represents 17% of the overall assets in the mutual fund sector. Meanwhile, equity schemes accounted for nearly 80% of all B30 assets, compared to 46% for T30 cities.

According to AMFI, equity mutual funds inflows dropped to Rs. 9,390.35 in Oct 2022 as against net flows of Rs. 14,099.73 crore in Sep 2022. Debt mutual funds continued to see net outflows in Oct 2022 as well. Debt funds saw a cumulative outflow of Rs 2,817.79 crore. Mutual fund industryâ??s net AUM stood at Rs. 39,50,323.28 crore and AAUM at Rs 39,53,208.95 crore for Oct 2022.

BSE StAR MF has said that it has contributed 47% of the net equity inflow into mutual funds in October. The platform contributed Rs 4,397 crore of MF investments in October. BSE StAR MF achieved its highest monthly record of 2.10 crore transactions in October 2022 as against its previous high of 2.08 crore transactions in September 2022.

2022 has not been a great year for across the board market or across the board sectors. It is a year which started with a lot of promise and in terms of where we are ending it is a complete mirror image of what we started with. IT is down, pharma is down, banks are up and PSU stocks are outperforming

SEBI approved a proposal to bring the buying and selling of mutual fund units under the purview of insider trading regulations.

Many investors want a monthly cash flow from their mutual funds to meet their expenses. Financial planners recommend such investors use SWP, which can help meet those needs. SWPs can be set up in any open-ended mutual fund scheme, but most investors prefer to set them up in an equity fund or a hybrid fund.

Mumbai: India's equity indices dropped 1% on Wednesday, clocking their second day of declines as renewed concerns over the spread of Covid-19 infections in Asia kept investors on the edge. The risk-off sentiment has deepened following a shift in Bank of Japan's ultra-accommodative monetary policy on Tuesday and US Fed chair Jerome Powell's remarks that the American central bank would increase interest rates further next year even if the economy slips to a possible recession.