The majority of SIP AUM in direct plans has a holding period of less than one year. Industry data shows that Rs.1.05 lakh crore, or 30% of total SIP AUM in direct plans, has been active for less than ...
LIC MF has launched LIC MF Consumption Fund, an open-ended fund following consumption theme. The scheme will invest in companies engaged in consumption and consumption-related sectors.
Motilal Oswal MF recorded the second highest jump, with the share of B30 cities in its overall assets rising by about 14%, from 10.3% to 24.4%. PGIM India MF followed, recording a 13.8% increase in ...