Tag

Mutual Funds

5 articles
Mutual fund activity is demonstrating robust growth and evolving investor demographics. Driven by strong inflows, assets under management (AUM) reached ₹11.3 trillion, with women investors contributing significantly, representing 35% of gross inflows and a growing share of SIPs. Nippon India AMC reported a record ₹1,497.75 crore profit, fueled by an 18% AUM increase, while Blue Jet Healthcare's recent Qualified Institutional Placement saw substantial allocations from ICICI Prudential mutual funds, highlighting continued institutional interest. These developments suggest sustained investor confidence and expanding market participation within the Indian mutual fund sector, though Nippon India faces a regulatory inquiry regarding fund investments.