Passive mutual funds continued to witness strong investor participation in April, with category assets under management rising 7.6% month-on-month to ₹15.19 lakh crore from ₹14.12 lakh crore in March, according to AMFI data. The category received net inflows of ₹20,082 crore during the month, supported by mark-to-market gains of around ₹88,000 crore. However, inflows into…
Gold exchange-traded funds (ETFs) recorded net inflows of ₹3,040 crore in April, up 34% from ₹2,266 crore in March, according to AMFI data, as investors continued to balance equity exposure with safe-haven allocations amid global uncertainty. The increase in gold ETF allocations came even as overall precious metal fund flows showed signs of moderation after…
Prime Minister Narendra Modi’s appeal to citizens to avoid non-essential gold purchases for a year is expected to be a key agenda item at Tuesday’s (May 12’s) meeting between jewellery industry associations and officials from the Prime Minister’s Office (PMO), according to sources familiar with the matter. The meeting comes a day after listed jewellery…
Gold and silver prices traded higher on Tuesday (May 12) as investors monitored developments in the West Asia, awaited key US inflation data and tracked upcoming talks between US President Donald Trump and Chinese President Xi Jinping. Spot gold rose 0.5% to $4,757.59 per ounce, while US gold futures for June delivery gained 0.8% to…
Indian equity markets are continuing their recovery phase after the sharp correction seen during the Iran conflict, with the Nifty 50 stabilising near key support levels. The rebound has renewed interest in systematic equity investing, even as global uncertainties and crude oil volatility continue to influence short-term sentiment. D D Sharma, Managing Director of MF…
Abakkus Mutual Fund has reported assets under management (AUM) of over ₹5,000 crore, alongside a total investor base exceeding 1 lakh, according to data shared by the fund house. The mutual fund, which launched its first scheme in December 2025, entered the market with a flexi cap equity fund that raised ₹2,468 crore during its…
Mutual fund systematic investment plan (SIP) contributions stood at ₹31,115 crore in April, marginally lower than ₹32,087 crore in March, according to data from the Association of Mutual Funds in India (AMFI). Despite the month-on-month dip, SIP inflows continued to reflect sustained retail participation in equity-linked investments. The moderation comes in a month when broader…
In a consumer-focused regulatory move, the UP Real Estate Regulatory Authority has activated an online complaint mechanism allowing homebuyers and allottees to directly challenge unlawful transfer charges imposed by developers during property transfers. The facility, now live on the UPRERA portal, enables complaints to be filed under Form-M through the e-court system. The step comes…
India’s digital precious metals sector has formed a self-regulatory body aimed at standardising practices and strengthening consumer protection across platforms offering digital gold and silver. The industry-led initiative has been launched as the Digital Precious Metals Assurance Council of India (DPMACI), a self-regulatory organisation (SRO) created to establish governance norms, improve transparency and introduce common…
A new insight from Women’s World Banking suggests that improving business and financial management skills plays a critical role in strengthening the performance of women-led micro and small enterprises, beyond access to credit alone. The study, based on programmes such as the EmpowerHer initiative in partnership with Maharashtra State Rural Livelihood Mission (UMED–MSRLM), shows that…
