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NFO Alert: PPFAS Mutual Fund launches Parag Parikh Arbitrage Fund; all you need to know

Parag Parikh Arbitrage Fund Closes On Oct 27: Know Its Key Features

Parag Parikh Arbitrage Fund Closes On Oct 27: Know Its Key Features
outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.

Meet the CIO: Rajeev Thakkar of PPFAS MF - The Hindu BusinessLine

Meet the CIO: Rajeev Thakkar of PPFAS MF - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Share of NRIs, overseas investors in mutual fund assets declining

The share of non-resident Indians (NRIs) and overseas investors in Indian mutual funds has been declining over time, despite adding half-a-trillion rupees to holdings over the last five years. Mutual fund holdings for the segment went up from Rs 0.95 trillion as of December 2018 to Rs 1.54 trillion as of December 2022, shows Business Standard analysis of data from the industry body Association of Mutual Funds in India (Amfi). Their share in overall mutual fund assets has fallen from 4.2 per cent to 3.9 per cent during the same period.

Consolidation in Indian mutual fund industry may not happen – Chennaionline

Mergers and consolidation may not happen in the mutual fund industry after the market regulator directed reclassification of various schemes, according to a senior official of the Mumbai-based PPFAS Mutual Fund.

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