Mutual fund investor who don’t want to take much risk usually looks at the debt funds as the safer investment avenues. Post categorisation and reclassification, the arena of debt funds have been revived. Out the debt fund basket, floater fund is one of the lesser known mutual funds.

Mutual funds subscriptions through SIPs contributed Rs. 7,304 crore in May 2018. This exceeds the April collection by more than 9 per cent. As per the latest AMFI data, in March, the total SIP accounts stood at 2.23 crore.

In the recent past, the mutual fund houses aligned their products to invest in the pharma sector. The sector which has seen a huge decline in the last couple of years is now a darling for the mutual fund houses. Recently, Mirae Assets and ICICI Pru announced new thematic schemes keenly focused on maximizing profits from the pharma sector stocks.

The Indian mutual fund industry offers various investment avenues to the investor. In the recent AMFI data disclosure, we have seen that the folios of the fund of funds have increased. So let us just explore these funds.

Being a mutual fund investor, if you are looking at the closed-ended fixed income mutual funds as the investment avenue you must know some pros and cons of these mutual funds.

Being a mutual fund investor, one should always know the investment avenues available in the mutual fund industry. India mutual fund industry has a vast choice of options available with different mutual fund houses for every type of investor.

With the increasing awareness and penetration, the MF industry is witnessing a huge elevation in its AUM as well as folios. The number of folios has grown by over 12 lakh in just one month to reach an all-time high of 7.35 crore at the end of May 2018.

Post SEBI’s circular about the categorisation and reclassification many of fund houses have now standardised the scheme structure to adhere to the new norms. With the implementation of these changes, now investors can look forward to standardizing the structure of funds within a particular category. 

Many of fund houses/ Asset Management Companies (AMCs) have started cutting commissions paid to distributors

During the month of May 2018, the mutual fund industry has witnessed net inflows of Rs. 16,710 crore in equity funds which include pure equity funds, balanced funds, ELSS and equity ETFs