Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

MF assets jump over 23% in FY25 to ₹65.74L cr

The New Indian Express Nagapattinam

|

April 12, 2025

THE SIP STORY

- BEN KOCHUVEEDAN @ Mumbai

THE mutual funds industry has closed FY25 with a 23.11% growth in asset under management (AUM) at ₹65.74 trillion (₹65.74 lakh cr), up from ₹53.40 lakh crore in March 2024, while the number of folios jumped close to 32%, showed the latest Amfi data released on Friday.

This comes amid six-month-long market rout and the closing month of March seeing massive outflows from nearly all categories led by equity funds dropping to an 11-month low and SIPs losing the verve to hit a four-month low in inflows. In February, the AMU stood at ₹64.53 lakh crore.

MORE STORIES FROM The New Indian Express Nagapattinam

The New Indian Express Nagapattinam

Bihar SIR extract as proof: TN parties demand clarity

THE Election Commission of India (ECI) has included \"Extract of the electoral roll of Bihar SIR with reference to July 1, 2025\" in its list of 13 types of documents that can be submitted as proof of identity during scrutiny in the Special Intensive Revision of electoral rolls in Tamil Nadu and eight other states and three union territories.

time to read

1 min

October 31, 2025

The New Indian Express Nagapattinam

Sengottaiyan allies with rebels OPS, TTV; EPS says action likely

IN another open show of dissent against AIADMK general secretary Edappadi K Palaniswami, disgruntled senior party leader K A Sengottaiyan on Thursday utilised the occasion of Thevar Jayanthi to assert his stand against the former chief minister by publicly joining hands with expelled leaders VK Sasikala, O Panneerselvam and AMMK general secretary TTV Dhinakaran.

time to read

1 min

October 31, 2025

The New Indian Express Nagapattinam

IIT-M prof to lead CBSE expert panel to develop AI curriculum for Class 3

THE Central Board of Secondary Education (CBSE) has constituted an expert committee chaired by IIT-Madras professor Karthik Raman to develop a curriculum for artificial intelligence and computational thinking (AI & CT) for Class 3 students. The education ministry recently decided that this subject would be introduced from the foundation level for students from the academic year 2026-2027.

time to read

1 mins

October 31, 2025

The New Indian Express Nagapattinam

MEIL buys 250-mw TN power unit

MEIL Energy, a wholly-owned subsidiary of Megha Engineering & Infrastructures, has acquired 100% stake in Taqa Neyveli Power Company from Abu Dhabi National Energy Company, for reported 387 million dirhams, or about ₹926 crore.

time to read

1 min

October 31, 2025

The New Indian Express Nagapattinam

Law student with schizophrenia allowed to take exam without fee

THE Madras High Court on Thursday directed the Tamil Nadu Dr Ambedkar Law University to permit a student with 40% disability due to schizophrenia to appear for the odd semester exams in November without insisting on payment of tuition and special fees, for which he is legally eligible for exemption.

time to read

1 mins

October 31, 2025

The New Indian Express Nagapattinam

Kotian, Suthar strikes help India A limit SA A

SOUTH Africa A resisted through a century-stand between Jordan Hermann and Zubayr Hamza, but India A spinners, led by Tanush Kotian, plucked wickets at regular intervals to keep the visitors to 299 for nine on the first day of the opening four-day match here on Thursday.

time to read

1 min

October 31, 2025

The New Indian Express Nagapattinam

The New Indian Express Nagapattinam

Hyundai profit up 14% on increase in exports

SUPPORTED by strong exports and cost-reduction efforts, Hyundai Motor India (HMIL) on Thursday reported a 14.3% year-on-year rise in consolidated net profit to ₹1,572 crore for the Q2FY26. Revenue during the quarter grew 1.16% year-on-year to ₹17,460.82 crore.

time to read

1 min

October 31, 2025

The New Indian Express Nagapattinam

6-mth US curbs waiver on Chabahar

THE US has granted India a six-month waiver from sanctions on the strategically significant Chabahar Port project in Iran, External Affairs Ministry confirmed on Thursday.

time to read

1 min

October 31, 2025

The New Indian Express Nagapattinam

The New Indian Express Nagapattinam

Groww sets price band at ₹95-100 for ₹6,632 cr IPO, issue opens on Nov 4

BILLIONBRAINS Garage Ventures, parent company of largest online investment platform Groww, has set price-band at ₹95-100 for its ₹6,632 crore (at the upper end) initial public offer (IPO).

time to read

1 mins

October 31, 2025

The New Indian Express Nagapattinam

HC slams Soren govt over HIV cases among kids from blood transfusion

THE Jharkhand HC on Thursday pulled up officials after reports surfaced of children testing HIV positive following blood transfusions in a government hospital in West Singhbhum.

time to read

1 min

October 31, 2025

Listen

Translate

Share

-
+

Change font size