UPDATE ON 27-06-2020

Aditya Birla Sun Life AMC onboards over 50,000 investors via video e-KYC during lockdown

 

Aditya Birla Sun Life AMC on Wednesday said it has witnessed an increase in paperless onboarding of customers, with the asset manager adding over 50,000 new investors with its video e-KYC system during the nationwide lockdown. To provide video e-KYC service, the asset manager had partnered Signzy to leverage its AI-based digital customer onboarding solution.

The technology enables a zero-contact, paperless system that replaces the need for physical submission of KYC (Know Your Customer) documents, Aditya Birla Sun Life AMC said in a statement.

The asset manager said it has already onboarded close to 1 lakh investors to the mutual fund industry with video e-KYC system since its adoption a year ago.

This artificial intelligence and machine learning enabled video e-KYC system replaces the need for document management, providing an ..

 

Inflows Into Equity Mutual Funds Fall For Second Straight Month In May

Inflows into equity mutual funds fell for the second straight month as benchmark indices remained volatile even as the economic activity continued to resume in phases. Net inflows into equity and equity-linked schemes declined 15% over the previous month to Rs 5,256.52 crore in May, according to data released by the Association of Mutual Funds in India. Net equity inflows had fallen by half in April on lower distributors’ activity amid the lockdown to contain the coronavirus pandemic.

All categories of equity schemes saw a decline. Net investments into the mid caps dropped to the lowest since AMFI started releasing granular data from April 2019. While inflows into large caps fell, they have remained above the Rs 1,000-crore mark for a year. “On the debt side, investors taking advantage of conducive reducing interest rates trend and shift towards high quality AAA-rated has resulted in a steady rise in net flows,” said NS Venkatesh, chief executive officer at AMFI. “Credit risk concerns have ebbed following regulatory support, redemptions have come down and we would see investors allocating higher quantum of savings to high quality debt paper.”
Contribution through systematic investment plans fell to the lowest in nearly a year at Rs 8,123 crore in May. Still, net investments managed to stay above the Rs 8,000-crore mark for 18 straight months. Swarup Mohanty, chief executive officer at Mirae Asset Global Investments Pvt., however, said a 6% drop in SIP from the peak numbers in just two months needs to be noticed. “If the stoppages are due to cash flow issues then it is understandable. If not then the basic concept of rupee cost averaging in SIP has not been understood by the investors,” 

UPDATE ON 27-06-2020

Equity Fund

Large Cap Fund

1. SBI BLUECHIP FUND (G)

2. HDFC TOP 100 FUND (G)

3.  DSP Equity Opportunities Fund

4. L&T Large and Midcap Fund

5. ICICI Prudential Large & Mid Cap Fund

 

Mid Cap Fund

1. Axis Midcap Fund

2. ICICI Prudential MidCap Fund

3. SBI Magnum Midcap Fund

4. L&T Midcap Fund

5. HDFC MID CAP Opportunities Fund

 

Small Cap Fund

1. SBI Small Cap Fund

2. HDFC Small Cap Fund

3. Axis Small Cap Fund

4. ICICI Prudential Smallcap Fund

5. Nippon India Small Cap Fund

 

Multi Cap Fund

1. SBI Magnum MultiCap Fund

2. ICICI Prudential Multicap Fund

3. Axis Multicap Fund

4. L&T Equity Fund

5. HDFC Equity Fund

 

Focus Fund

1. SBI Focused Equity Fund

2. Axis Focused 25 Fund

3. ICICI Prudential Focused Equity Fund - Retail - Growth

4. Nippon India Focused Equity Fund

5. HDFC Focused 30 Fund 

 

News:

  Mirae Asset Mutual Fund

 1.       Mirae Asset India Equity - (G)

       2.       Mirae Asset SF - Direct (G)

       3.       Mirae Asset Tax Saver Fund - DP (G)

 

   SBI 

 

1. SBI BLUECHIP FUND (G)

2. SBI Small & Midcap

3. SBI Magnum Multicap Fund (G)

 

 Aditya Birla sunlife

 

1. ABSLTOP 100 FUND REG (G)

2 ABSL  SMALL & MIDCAP FUND (G)

3.ABSL PURE VALUE FUND REG(G)

 L&T

 

1. L&T India Large cap

2. L&T EMERGING BUSINESSES FUND REG(G)

3. L& T India Value fund

HDFC

 

1. HDFC Top 200

2. HDFC MID CAP OPPORTUNITIES FUND (G)

 

 ICICI

 

1. ICICI Pru. focus blue chip.

2. ICICI Pru. Value fund.

 

Reliance 

 

1. Relaince Top 200

2. RELIANCE SMALL CAP FUND REG (G)

 

 

Sundram 

 

1. Sundram Select fund

2. Sundram Select Micro

3. Sundram Value Fund

 

IDFC

 

1. IDFC Imperial equity

2. IDFC sterling equity

 

 

 

About Hiloni Stock Broking Private Limited

Hiloni stock broking is associated with ACML (a subsidiary of Ahmedabad stock exchange limited) providing BSE,NSE and NSE F&O platform for all kinds of securities transaction. Hiloni provides you research based advise and one can also update

Latest News

18 December 2019
17 April 2017
17 April 2017

Contact Us

Hiloni Stock Broking pvt limited . Member : NSE | BSE | MCX-SX | NSDL | CDSL
Hiloni Business Center,
4th Floor,Hiloni Business Center,B/h Nandani Apartment,
Near Harivallabh Society,
Naroda, Ahmedabad - 382330, Gujarat, India . Telephone : 22800116
E-mail : [email protected]
©2020 https://hilonibroking.com , All Rights Reserved. Developed By https://www.shreekailash.com

Search