Asset base of mutual funds from smaller cities up 44% at Rs 3 lakh crore
Mar 20 2017
News Category: Industry Update
No of Views: 184 Rate Now!

According to a media note from a major rating agency, Assets Under Management (AUM) of mutual funds from B15 cities grew from Rs. 2.13 lakh crore in Feb 2016 to Rs. 3.07 lakh crore at the end of Feb 2017. Assets from such towns have grown due to investor friendly initiatives by the market regulator Securities and Exchange Board of India and campaigns by asset management companies.

Related News
Title Report Date
Jan Dhan Model to be extended for mutual fund (MF) industry: MD & C... 19/05/2017
Indian MF industry is expected to touch Rs.20 lakh crore milestone 16/05/2017
AMFI: Equity MFs see inflow worth Rs. 9,429 crore in Apr 2017 12/05/2017
Growth in equity pushes MF hike in B15 towns 10/05/2017
AMFI: Mutual Fund AUM touches all time high of Rs. 19.26 lakh crore... 08/05/2017
AMFI: MF AUM crosses Rs. 18 lakh crore mark in FY17 19/04/2017
AMFI requests government to keep service tax rate at 12% in mutual ... 18/04/2017
AMFI: MF records over Rs. 3.43 lakh crore inflows in FY’17 12/04/2017
SEBI: Investments in mutual funds stood at the sixth place 06/04/2017
BSE Star mutual fund distribution platform receives 9.38 lakh order... 31/03/2017
SEBI reviews advertisement guidelines of mutual funds 16/03/2017
AMFI launches new multimedia campaign 15/03/2017
SEBI: Mutual Fund Industry Adds 6.06 Folios in Feb 14/03/2017
AMFI: Indian mutual fund industry’s AUM reaches an all-time high 08/03/2017