Individual MFDs will have to pay Rs. 3,000 excluding GST to obtain a SIF distribution license. For distributors having a ...

By June 2025, India’s mutual fund industry reached a historic milestone of Rs.74.41 lakh crore in AUM, up 13.2% compared to ...

Other fund houses with a high share of direct AUM include Old Bridge MF, PPFAS MF, Trust MF, SBI MF, and Quant MF — each recording over 55% of their total assets from direct plans. Overall, the ...

AMFI has issued best practices guidelines in which it has increased the cooling-off period to 12 months for releasing ...

Go Digit General Insurance, Raheja QBE General Insurance and Cholamandalam MS General Insurance have paid the highest percentage of their premiums as gross commission.

Zerodha Fund House has launched Zerodha Multi Asset Passive FoF, an open-ended fund of fund scheme investing in units of ...

Five new players – Alpha Alternatives, Ashika Credit Capital, Carnelian Asset Management, Estee Advisors and Oaklane Capital ...

Bank of India Mutual Fund has launched Bank of Indi Mid Cap Fund, an open-ended equity scheme that aims to generate long term capital appreciation. Alok Singh, CIO of Bank of India MF will manage the ...

Tripathy emphasized that the insurance sector is built on trust. He warned that if the current trust deficit continues to grow, increasing penetration and expanding the reach of insurance will remain ...

Motilal Oswal Mutual Fund has launched Motilal Oswal Special Opportunities Fund, an open-ended equity scheme benchmarked to Nifty 500 Total Return Index.

The third largest fund house in terms of AUM, HDFC MF has the highest individual AUM at Rs. 5.96 lakh crore, accounting for ...