SocGen expects asset managers to raise holdings this quarter
Industry body Amfi to hold meeting to decide on road map
Money managers have turned cautious towards technology space due to muted guidance
Fund houses required to make simple, effective disclosures, with precise and latest info to investor
Applications help investors and advisors go paperless while on the move
Overall, mutual funds have seen an infusion of Rs 2.86 lakh crore
Experts say even if the norm is met, sustaining it will be a challenge for loss making fund houses
The move comes at a time when online payments are getting a huge push by the government
The outflow meant asset under management (AUM) of equity funds rising to 4.7 lakh crore
Mutual funds pumped in a net of Rs 151,927 crore in 33 months between April 2014 and December 2016.
The sector's average assets under management (AUM) was up 26
AUM of mutual fund industry touched Rs 16.93 lakh crore at end of quarter October-December 2016
Open-ended schemes are either on a par or in some cases better than closed products
India's equity mutual funds have continued to see strong inflows over the past two-and-a-half-years.
Expected IPO of UTI Mutual Fund and rich valuations of life insurance companies are key triggers
Mutual fund industry saw assets and investor count touch new highs in 2016
Industry eyes Rs 20 lakh cr in 2017
L&T had declined as much as 10% in November and was available nearly 20% off its one-year high, prompting MFs to buy shares worth Rs 1,450 crore
The latest inflow has been mainly driven by contribution from income fund or debt schemes. Besides, equity ones continued to see positive inflows
In 2016, balanced schemes' assets under management rose over 50 per cent