Mutual Fund AUM Surge 35%

Mutual fund assets surge 35% in fiscal 2024 to a new high.

According to recent report from AMFI, fiscal 2024 turned out to be one of the best years for the domestic mutual funds industry as assets under management (AUM) spurted by nearly Rs 14 lakh crore to a record Rs 53.40 lakh crore as of March 2024 compared with Rs 39.42 lakh crore as of March 2023.

Women comprised ~23% of the investors based on their share of the AUM and men ~77%, while individual investors comprised ~60% as against institutional investors ~40%.

Equity-oriented fund categories gain on inflows and mark-to-market (MTM) gains. As Nifty 50 gained 33%, most of the AUM increase are from MTM gains.

Passive funds growth was muted around 27% as compared to Active funds.

Another key take away is investors' adoption of systematic investment plans (SIPs).

SIP continues to rise with monthly net inflows at Rs 19,300 crore in March 2024. For fiscal year 2024, the net inflows through SIPs stood at nearly Rs 2 lakh crore versus Rs 1.55 lakh crore in the previous fiscal year.

NSE Trading Holidays 2024

Trading holidays for the calendar year 2024. The National Stock Exchange of India (NSE) has notified trading holidays for the calendar year 2024 as below: Muhurat Trading: Timings of Muhurat Trading shall be notified subsequently.

What are Inverse ETFs?

We all know Mutual Funds, but what are inverse ETFs or Inverse Mutual Funds all about? They are a special type of funds in which the value goes up when the stock market comes down. They are nothing but "short funds" or ETFs - funds having short positions of the index or stocks. By investing in this fund investors/traders can take advantage of fall in the markets. The main objective of the such products is to provide investors with an alternative during market-decline and in the case where they cannot short sell the index. This type of fund is generally linked to the market index such as the Nifty 50 Total Returns Inverse Index. The value of such funds change similar to the traditional funds, on a daily basis, say if the index declines by 1 percent in a day, the fund value increases by 1 percent for that day. How does these funds benefit retail investors or traders? Many investors,rather traders, can make use of this type of fund as a hedge against market conditions.Hedg

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