Individual investors hold 89% of their assets in equity-oriented schemes

Individual investors, including both retail and HNIs, account for 89% of the assets in equity-oriented schemes. Conversely, institutional investors hold a dominant share in liquid and money market schemes (88%), debt-oriented schemes (59%), and ETFs and FOFs (90%).

Mutual fund assets spike to  <span class='webrupee'>₹</span>46.94 trillion in August 2023

The Indian mutual fund industry managed assets spiked from Rs. 39.53 trillion in August 2022 to Rs. 46.94 trillion in August 2023. The equity-oriented schemes held 52.7% of the industry assets in August 2023 followed by debt-oriented schemes with a 19.2% share.

Glenmark Pharma vs Aurobindo Pharma: The difference that matters

Both Glenmark Pharma and Aurobindo Pharma have given massive returns to investors in the past one year with Glenmark surging 120 percent and Aurobindo gaining 64 percent in the same period. Meanwhile, the pharma majors surged 104 percent each in 2023 YTD.

General insurance trend 2023: Private players continue to gain shares from PSU players

The August 2023 general insurance trend shows that the overall gross premium for general insurers rose 15% y-o-y, while retail health rose 20% y-o-y in the given period. Moreover, the private players continued to gain shares from the PSU payers.

Ganesh Chaturthi: Money lessons to learn from the God of Wisdom

Before beginning any work, people seek the blessings of Ganapati, the God of Wisdom, who imparts various financial lessons.

Best aggressive hybrid mutual funds to invest in 2023

The best aggressive hybrid mutual funds in 2023 were the Quant Absolute fund with a 5-year return of 20.16%, followed by ICICI Prudential Equity &amp; Debt Fund with a 5-year return of 16.61%.

Highest fixed deposit interest rates for senior citizens

These banks are giving the highest interest rates on fixed deposits to senior citizens. IDFC First Bank is giving 8% interest for a tenure of 1 year 1 day to 550 days. HDFC Bank comes next with a 7.75% interest rate for a tenure of 5 years followed by ICICI, SBI and Union Bank.

Best multi-asset allocation funds to invest in 2023

In 2023, investors prefer multi-asset allocation funds like ICICI Prudential Multi-Asset Fund, which delivered a 16.52% return over 5 years and 17.73% over 10 years, and Quant Multi-Asset Fund, which provided returns of 23.72% over 5 years and 14.66% over 10 years.

84% of Indian investors' net worth increased in past three years

The survey on investment trends shows that out of the 100 Indian respondents, 76% are optimistic about long-term wealth creation while 24% are pessimistic. In the last three years, 84% of the Indian investors have seen an increase in their net worth.

Mutual Funds: Large cap schemes beating benchmark returns

Large cap mutual funds have given an annualised returns of 12-14 percent, with Nippon India Large Cap Fund delivering the maximum and HDFC Top 100 Fund giving the lowest return.

Top Infographics News

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Individual investors hold 89% of their assets in equity-oriented schemes

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Mutual fund assets spike to ₹46.94 trillion in August 2023

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Glenmark Pharma vs Aurobindo Pharma: The difference that matters

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General insurance trend 2023: Private players continue to gain shares from PSU players