Sandeep Tandon founded Quant MF, which has been one of the country’s fastest growing mutual funds. The fund firm acquired SEBI clearance to begin the mutual fund business in 2017. In January, it topped Rs 50,000 crore in assets with 26 schemes and 54 lakh folios. Quant MF has grown significantly in recent years, owing …
Why is Quant Mutual Funds Under Strict Supervision Of SEBI? What Do We Do? Read More »
– Equity Fund Equity funds are a part of investment funds that are specifically intended to invest in stocks or equities laid out by the company. Talking about the amount of Equity inflows, a total of Rs.19,000 crore in April 2024 were generated as compared to Rs.35,000 crore in May 2024 while the sectorial/thematic funds …
Mutual fund distributors (MFDs) can attract new customers by employing a variety of tactics that are designed to foster relationships, deliver value, and provide customized services:
Among the top 15 distributors, NJ India Invest topped with 1,298 crore 12% share of total industry commission. Following that, SBI and HDFC acquired 735 crore and 581 crore gross commissions respectively. Axis Bank and Prudent corporate advisory services raised 5% and 4% share with 538 and 441 crores respectively. Following that, ICICI bank and …
Want to be a Mutual Fund Advisor? If you possess the quality of analyzing risk appetite, financial goals, and investment horizons, you can also pursue a career in mutual funds advising. The main role of mutual funds advisors is to fulfill selecting various kinds of portfolios, tracking variety schemes, and singling out the best mutual …
Mutual Fund assets under management (AUM) increased to Rs. 41.50 lakh crore in April 2023, from Rs. 40.62 lakh crore in March, 2023. The growth in AUM was driven by a strong inflow of RS. 1.50 lakh crore in April, 2023. This was the highest monthly inflow in the last six months. The equity segment …
Mutual Fund Assets Cross RS. 41.50 Lakh Crore in April Read More »
Have you ever questioned why some people appear to have more success than others in reaching their ambitions and dreams? Their habits and mentality hold the key to the solution. Reaching one’s full potential and succeeding in several facets of life may be facilitated by cultivating a growth mindset and forming useful habits. In this …
