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Bull run effect? Over 180 NFOs raised a whopping ₹66,000 crore in fiscal 2024

A total of 185 new funds (both open and close-ended) were launched, also known as NFOs (new fund offers) in fiscal 2024 raising a total of whopping ₹66,364 crore, shows the AMFI data

Solution oriented schemesMutual fundsMutual fund investingFiscal 2024Amfi dataAmfi annual dataNew fund offers

MF Investors made a CAGR return of 14 per cent during ten years of Modi Government

MF Investors made a CAGR return of 14 per cent during ten years of Modi Government
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New delhiSolution oriented schemesSystematic investment plansNippon indiaIncome tax

Mutual funds: SIP contributions jumped 28% to nearly ₹2 lakh crore

Inflows to mutual funds via systematic investment plans spiked in the fiscal year 2023-24, rising from ₹13,700 crore in April 2023 to ₹19,271 crore in March 2024, signifying a rise of 40 per cent.

Association of mutual fundsMutual fundsSolution oriented schemesMutual funds in fiscal 2024Sip contributionMutual fund schemesMutual funds in 2024Mutual fund investing

Mutual Funds: Net AUM declines marginally to ₹53 lakh crore in March

Mutual fund folios hit an all-time high of 17.78 crore in March 2024. Retail MF folios also reached a new high of 14.24 crore in March 2024, compared to 13.94 crore in February 2024.

Venkat chalasaniSolution oriented schemesChief executive

sip contribution: SIP contribution at all-time high of Rs 19,271 crore in March

The number of new SIPs registered in March was at 42,87,117. SIP contribution stood at an all-time high of Rs 19,270.96 crores in March as against Rs 19,186.58 crores in February.

Venkat chalasaniSolution oriented schemesMutual fundsChief executiveSip contributionMarkets newsSip aum

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