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NEW AMFI CHIEF
Mutual fund SIP stoppage ratio slows down to 95% in May, new SIPs surpass discontinued onesThe mutual fund SIP stoppage ratio dropped to 95% in May, indicating more new SIPs were registered than discontinued. This positive trend, ...
Weak market returns push more investors to pause SIP investmentsChallenging equity market returns are prompting retail investors to reassess their stock market exposure. Industry data reveals a rise in s...
What happens when investors stop SIPs during crises–real investors, real panic, and the real cost of walking awayFrom a cancer diagnosis in Kolkata to a layoff in Bengaluru to Covid panic in Agra—real investors, real crises, and the real cost of walkin...
Mutual fund SIP stoppage ratio continues above 100% even as investors contribute record Rs 31,115 crore in AprilThe mutual fund SIP stoppage ratio stayed above 100% in April for the second straight month, even as investors contributed Rs 31,115 crore....
Mutual fund SIP stoppage ratio jumps to over 100% in March, even as contributions hit record Rs 32,000 croreMutual fund SIP stoppage ratio surged to 100% in March as discontinued SIPs outpaced new registrations, even though monthly SIP contributio...
Vikaas M Sachdeva to lead BitDelta India as Chief Executive OfficerSachdeva brings over three decades of experience across India’s financial services landscape, spanning asset management, capital markets, a...
AMFI awards creative mandate to Concept CommunicationsAMFI has chosen Concept Communications for its creative advertising work. This follows a lengthy pitch process. The agency will refresh the...
AMFI announces appointment of new Chairman and Vice ChairmanAMFI has appointed Sundeep Sikka as its new Chairman and Vishal Kapoor as Vice Chairman, effective immediately. The leadership change follo...
Amfi appoints Venkat Nageswar Chalasani as new chief executiveChalasani, who comes with over four decades of banking and treasury experience, has held various board positions and has been part of commi...
Venkat Nageswar Chalasani to replace N S Venkatesh as AMFI chief executiveChalasani has also held various board positions and has been part of several committees set up by the Reserve Bank of India and the finance...
Amfi restarts Aadhar-linked online registration for mutual fund distributorsIndustry body Amfi on Tuesday said it has revived the online registration facility for obtaining fresh Amfi registration number (ARN) and e...
Nilesh Shah re-elected as Amfi chairmanThe decisions were taken by the Association of Mutual Funds in India (Amfi) at its board meeting on Tuesday, the industry body said in a st...
Kotak Mutual Fund’s Nilesh Shah appointed as new Amfi chairmanAmfi, the industry body of Sebi-registered mutual funds, took the decision in its board meeting on September 23.
Fixed Maturity Plans or FMPs saw net outflows of Rs 17,644 crore in April, SIP flows growCredit risk funds also saw net outflows worth Rs 1,253 crore in April.
AMFI should promote direct plans to check mis-selling in mutual funds: Ajay Tyagi, SebiIndividuals should be encouraged to invest directly if they can manage it on their own, says Ajay Tyagi, chairman of Sebi.
New Amfi chief sees industry clipping at 20-25% CAGR till 2020NS Venkatesh, who took over as the Amfi chief late last month, expects the industry to continue to grow at a compounded annual rate of 20-2...
New Amfi chief sees industry clipping at 20-25% CAGR till 2020As of August, bank deposits stood at Rs 108.8 trillion, while mutual funds AUM stood at Rs 20.59 trillion, which is only around 19 per cent.
Association of Mutual Funds in India names Reliance MF's Sundeep Sikka as chairmanAssociation of Mutual Funds in India (Amfi) appointed Sundeep Sikka, Reliance MF President and Chief Executive, as its Chairman.
- No registration fees from 1st time MF distributors for 5 months
AMFI today decided to waive registration fees, estimated at Rs 3,000, for first time distributors for a period of five months beginning Feb...
- AMFI to launch new portal for all mutual fund transactions
The Association of Mutual Funds in India plans to launch a portal, MF Utility, next fiscal that will facilitate transactions by customers.