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 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.

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.

IDFC Mutual Fund has launched IDFC CRISIL IBX 90:10 SDL Plus Gilt– November 2026 Index Fund and IDFC CRISIL IBX 90:10 SDL Plus Gilt– April 2032 Index Fund, open-ended Target Maturity Index Funds that will invest in constituents of CRISIL IBX 90:10 SDL plus Gilt Index– November 2026 and CRISIL IBX 90:10 SDL plus Gilt Index– April 2032 respectively. IDFC CRISIL IBX 90:10 SDL Plus Gilt– November 2026 Index Fund opens on November 14 and closes on November 16.

Edelweiss Asset Management has launched three NFOs in the equity passive category. Edelweiss Nifty Next 50 Index Fund, Edelweiss Nifty Midcap 150 Momentum 50 Index Fund and Edelweiss Nifty Smallcap 250 Index Fund are open-ended equity schemes replicating Nifty Next 50 Index, Nifty Midcap 150 Momentum 50 Index and Nifty Smallcap 250 Index respectively. The new fund offers (NFOs) are open for subscription from Nov 10 to 24.

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.

Have Rs 10 to spare? Why not invest it in a mutual fund scheme? Surprised? Navi Mutual Fund has reduced the minimum application amount across its schemes to Rs 10. Simply put, you can invest as little as Rs 10 in 12 schemes of Navi Mutual Fund, except the ELSS fund. Most mutual fund schemes ask for a minimum investment of Rs 500 to Rs 1,000.

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

HDFC Asset Management Company has launched HDFC Business Cycle Fund which aims to invest in businesses likely on the cusp or in the midst of a favourable business cycle. The NFO opens on November 11 and closes on November 25.

Axis Mutual Fund has launched the Axis Nifty SDL September 2026 Debt Index Fund, an open-ended target maturity index fund that will invest in constituents of Nifty SDL Sep 2026 Index. The scheme will have a relatively high interest rate risk and relatively low credit risk. The new fund will track the Nifty SDL Sep 2026 Index.