Retail chases reward over risk, equity MF folio additions hit a record in June

Retail chases reward over risk, equity MF folio additions hit a record in June

ET Intelligence Group: More than 4 million equity mutual fund folios, the most on record in a month, were added in June, driven by a wave of new sectoral fund launches as retail investors sought higher returns despite increased risk. The previous high of 3.6 million was recorded in February 2024. The total folio count … Read more

SIP: Record additions of new SIPs give local funds added muscle

SIP: Record additions of new SIPs give local funds added muscle

Robust flows have allowed domestic institutional investors to own 16.05% of NSE market capitalisation at the end of the March quarter, reflecting market share gains of a fifth of one percentage point. Synopsis Registration of gross SIP accounts, the preferred route for small investors to invest in equities, rose to a record of 6.36 million … Read more