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Mutual Fund AUM climbs to Rs 81.92 lakh crore in April; count of SIP account stands at 9.64 crore
12-May-2026 ( 17:35 )

The net assets under the management (AUM) of the Indian mutual fund industry at the end of April 2026 stood at Rs 81.92 lakh crore, according to data from the Association of Mutual Funds of India (AMFI). This is higher by 11.11% as compared with the figure of Rs 73.73 lakh crore recorded in March 2026.

The AUM of open-ended plans rose to Rs 81.71 lakh crore in April 2026 from Rs 73.48 lakh crore in March. The equity plans in this category recorded net inflows of Rs 38,440.20 crore.

Within equity, Flexi Cap Fund drew the most significant inflows in April, attracting Rs 10,147.85 crore. Small Cap Funds followed suit with inflows of Rs 6,885.90 crore, while ELSS saw net outflows of Rs 567.73 crore during the period under review .

Debt funds witnessed net inflows in April totaling Rs 247,490.03 crore. This category had recorded net outflows of Rs 294,987.18 crore in March. Liquid Funds recorded maximum inflow of Rs 1,65,104.67, followed by Money Market Funds (with inflows of Rs 20,642.59 crore) and Ultra Short Duration Fund (with inflows of Rs 15,651.87 crore).

Hybrid schemes, offering a mix of equity and debt exposure, recorded net inflows of Rs 20,565.24 crore in April 2026. This was largely driven by Arbitrage Funds, which recorded inflows of Rs 12,378.46 crore.

The systematic investment plan (SIP) contributions stood at Rs 31,115 crore in April 2026, compared with Rs 32,087 crore in March. The number of SIP contributing accounts was 9.64 crore while the SIP AUM was Rs 16,85,126 crore as on 30 April 2026.

PGIM India Mutual Fund announces Ceasation of Key Personnel
12-May-2026 ( 11:23 )
PGIM India Mutual Fund Announces Cessation of Key Personnel that, Investors/Unitholders are requested to note that Ms. Caroline McDonagh, Associate Director of PGIM Asset Management Private Limited ('the AMC') has resigned from the Board of AMC with effect from 05, 2026.

Union Mutual Fund announces Appointment of Key Personnel
12-May-2026 ( 10:35 )
Union Mutual Fund has announced that Mr. Dhananjay Terdal has been appointed as the Head- Operations and a Key Personnel of the Union Asset Management Company Private Limited with effect from May 04, 2026.

Details of Mr. Dhananjay Terdal

Age: 43 years

Designation: Head- Operations

Qualification: B.com / Executive Post Graduate Program in Business Management (Finance) .

ITI Mutual Fund announces change in fund manager under its schemes
12-May-2026 ( 11:05 )
ITI Mutual Fund has announced change in fund manager under the following schemes, with immediate effect.

Change in Fund Manager:

Scheme Name Existing Fund Manager(s) New Fund Manager(s)
ITI Small Cap Fund Mr. Dhimant Shah Mr. Dhimant Shah,

Mr. Alok Ranjan

ITI Multi Cap Fund Mr. Dhimant Shah Mr. Dhimant Shah,

Mr. Alok Ranjan

ITI Mid Cap Fund Mr. Dhimant Shah Mr. Alok Ranjan,

Mr. Dhimant Shah

ITI Flexi Cap Fund Mr. Dhimant Shah Mr. Dhimant Shah,

Mr. Nilay Dalal

ITI Large & Mid Cap Fund Mr. Alok Ranjan Mr. Alok Ranjan,

Mr. Nilay Dalal

ITI Focused Fund Mr. Dhimant Shah Mr. Dhimant Shah,

Mr. Alok Ranjan

ITI Large Cap Fund Mr. Alok Ranjan Mr. Alok Ranjan,

Mr. Nilay Dalal

ITI Banking and Financial Services Fund Mr. Nilay Dalal Mr. Nilay Dalal,

Mr. Animesh Singh

ITI Value Fund Mr. Dhimant Shah Mr. Nilay Dalal,

Mr. Dhimant Shah

ITI Balanced Advantage Fund Mr. Rajesh Bhatia,

Mr. Laukik Bagwe and

Mr. Vasav Sahgal

Mr. Nilay Dalal,

Mr. Laukik Bagwe and

Mr. Animesh Singh

ITI Bharat Consumption Fund Mr. Dhimant Shah Mr. Animesh Singh,

Mr. Dhimant Shah

ITI Pharma and Healthcare Fund Mr. Dhimant Shah Mr. Animesh Singh,

Mr. Nilay Dalal

ITI Arbitrage Fund Mr. Vikas Nathani and

Mr. Laukik Bagwe

Mr. Vikas Nathani,

Mr. Animesh Singh and

Mr. Laukik Bagwe

Kotak Mahindra Mutual Fund has proposed to introduce dividend options: Weekly and Monthly frequency in Kotak Low Duration Fund
08-May-2026 ( 12:38 )
Kotak Mahindra Mutual Fund has proposed to introduce dividend options: Weekly and Monthly frequency in Kotak Low Duration Fund with effect from May 11, 2026.

Resumption of subscription in international schemes of Invesco Mutual Fund
08-May-2026 ( 12:09 )
Invesco Mutual Fund has announced resumption of subscription in its international funds, with effect from May 08, 2026. Investors can now invest in the following schemes through lumpsum, switch-ins, and new SIP (Systematic Investment Plan) or STP (Systematic Transfer Plan) registrations and IDCW transfer plans: Invesco India - Invesco Global Equity Income FoF

Invesco India - Invesco Pan European Equity FoF

Invesco India - Invesco Global Consumer Trends FoF

ITI Mutual Fund announces Appointment of Key Personnel
08-May-2026 ( 11:33 )
ITI Mutual Fund has announced that CFA Animesh Singh has been appointed as Fund Manager and Key Personnel of ITI Asset Management Limited with immediate effect. The brief profile & work experience of Mr. Animesh Singh is given below:

Name: Mr. Animesh Singh

Age: 48 years

Designation: Fund Manager

Qualification: Post Graduate Diploma in Management. Bachelor of Honours - (Economics) CFA ' USA Certification .

Helios Mutual Fund announces change in Exit Load Structure
08-May-2026 ( 10:31 )
Helios Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from May 11, 2026.

Change in Exit Load:

Name of the Scheme Existing Exit Load Revised Exit Load
Helios Balanced Advantage Fund (i) If units redeemed or switched out are upto 10% (limit) of the units purchased or switched in within 3 months from the date of allotment ' Nil

(ii) If units redeemed or switched out are over and above the limit within 3 months from the date of allotment '1% of the applicable NAV

(iii) If redeemed/switched out after 3 months from the date of allotment ' Nil

NIL

DSP Mutual Fund announces change in fund manager under its schemes
07-May-2026 ( 10:24 )
DSP Mutual Fund has announced change in fund manager under the following schemes, With effect from 16 May 2026.

Change in Fund Manager:

Scheme Name Existing Fund Manager(s) New Fund Manager(s)
DSP Large Cap Fund Mr. Abhishek Singh Mr. Anish Tawakley
DSP Value Fund Ms. Aparna Karnik

Ms. Kaivalya Nadkarni

Mr. Abhishek Singh

Ms. Kaivalya Nadkarni

DSP MF announces change in benchmark under its schemes
07-May-2026 ( 10:38 )
DSP Mutual Fund has announced a change in the benchmark of the DSP Large Cap Fund, with effect from may 16, 2026.

Change of Benchmark of DSP Large Cap Fund/b>

Scheme Name Existing Benchmark Revised Benchmark
DSP Large Cap Fund BSE 100 TRI NIFTY 100 Index TRI

Nippon India Mutual Fund announces IDCW & Income Distribution cum Capital Withdrawal (IDCW) under its schemes
07-May-2026 ( 10:17 )
Nippon India Mutual Fund has announced 11 May 2026 as the record date for declaration of IDCW under the following schemes. The proposed IDCW on the face value of Rs 10 per unit will be:

Nippon India Balanced Advantage Fund - Regular Plan ' IDCW 0.2200

Nippon India Balanced Advantage Fund - Direct Plan ' IDCW: 0.2200

Nippon India Multi Asset Allocation Fund - Regular Plan ' IDCW 0.1500

Nippon India Multi Asset Allocation Fund - Direct Plan ' IDCW: 0.1500

Union Mutual Fund announces Income Distribution cum capital withdrawal (IDCW)
07-May-2026 ( 10:55 )
Union Mutual Fund has announced 08 May 2026 as the record date for declaration of IDCW Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The quantum of dividend (Rs per unit) on the face value of Rs 10 per unit will be:

Union Balanced Advantage Fund ' Regular Plan ' IDCW Option: 0.17

Union Balanced Advantage Fund ' Direct Plan ' IDCW Option: 0.17

Union Aggressive Hybrid Fund ' Regular Plan ' IDCW Option: 0.15

Union Aggressive Hybrid Fund ' Direct Plan ' IDCW Option: 0.15

Sundaram Mutual Fund announces change in fund manager under its schemes
06-May-2026 ( 10:27 )
Sundaram Mutual Fund has announced change in fund manager under the following schemes, With effect from 11 May 2026.

Change in Fund Manager:

Scheme Name Existing Fund Manager(s) New Fund Manager(s)
Sundaram Multi Asset Allocation Fund Bharath S

Shalav Saket

Rohit Seksaria

Shalav Saket

Sundaram Value Fund Rohit Seksaria

Dwijendra Srivastava

Shalav Saket

Bharath S

Siddarth Mohta

Sandeep Agarwal

Shalav Saket

Bajaj Finserv Mutual Fund announces change in Exit Load Structure
06-May-2026 ( 10:54 )
Bajaj Finserv Mutual Fund has announced change in exit load structure under following schemes stands revised with effect from May 01, 2026.

Change in Exit Load:

Name of the Scheme Existing Exit Load Revised Exit Load
Bajaj Finserv Multi Asset Allocation Fund If units are redeemed / switched out within 1 year from the date of allotment:

' if up to 30% of units allotted are redeemed/switched out ' Nil ' any redemption / switch-out of units in excess of 30% of units allotted ' 1% of applicable NAV.

If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 1 year from the date of allotment, no exit load is payable.

If units are redeemed / switched out within 3 months from the date of allotment:

' if up to 30% of units allotted are redeemed/switched out ' Nil ' any redemption / switch-out of units in excess of 30% of units allotted' 1% of applicable NAV.

If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 3 months from the date of allotment, no exit load is payable.

Bajaj Finserv Balanced Advantage Fund If units are redeemed / switched out within 6 months from the date of allotment:

' if up to 8% of units allotted are redeemed/switched out ' Nil

' any redemption / switch-out of units in excess of 8% of units allotted ' 1% of applicable NAV.

If units are redeemed/switched out after 6 months from the date of allotment, no exit load is payable.

If units are redeemed / switched out within 3 months from the date of allotment:

' if up to 8% of units allotted are redeemed/switched out ' Nil

' any redemption / switch-out of units in excess of 8% of units allotted ' 1% of applicable NAV.

If units are redeemed/switched out after 3 months from the date of allotment, no exit load is payable.

Tata MF announces Income Distribution cum capital withdrawal (IDCW) under its schemes
05-May-2026 ( 10:25 )
Tata Mutual Fund has announced 07 May 2026 as the record date for declaration of Income Distribution cum capital withdrawal (IDCW) under the monthly IDCW option and under the Periodic IDCW Periodic-Payout/Reinvestment) of following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

Tata Digital India Fund ' Regular Plan & Direct Plan: 1.56 each.

Tata India Pharma & Healthcare Fund ' Regular Plan & Direct Plan: 1.20 each.

Tata Infrastructure Fund ' Regular Plan & Direct Plan: 6.75 each.

Tata Small Cap Fund ' Regular Plan & Direct Plan: 1.40 each.

Temporary Suspension of subscription to units in Axis Global Equity Alpha Fund of Fund
05-May-2026 ( 11:48 )
Axis mutual fund has announced Temporary Suspension of subscription to units in Axis Global Equity Alpha Fund of Fund, Axis Global Innovation Fund of Fund and Axis Greater China Equity Fund of Fund ('the Scheme(s)'): temporarily suspend acceptance of lumpsum subscription, switch-ins and fresh registration of Systematic Transactions into the Scheme(s) of the Fund with effect from May 06, 2026.

Axis MF halts fresh inflows in 3 global funds over overseas limits
05-May-2026 ( 13:04 )
Axis Mutual Fund has temporarily suspended fresh subscriptions in three of its international schemes, citing limits on overseas investments.

In a notice dated 4 May 2026, Axis Asset Management Company said that lump sum investments, switch-ins and fresh registrations of systematic transactions in Axis Global Equity Alpha Fund of Fund, Axis Global Innovation Fund of Fund and Axis Greater China Equity Fund of Fund will be suspended with effect from 6 May 2026. Applications will not be accepted after 3:00 pm on 5 May 2026.

The fund house clarified that redemptions, switch-outs and existing systematic transactions will continue. The suspension is temporary and will remain in force until further notice.

The move is intended to avoid exhaustion of the available limits for overseas investments under prevailing regulatory norms. Under the framework outlined by the Securities and Exchange Board of India, the mutual fund industry's total overseas investment is capped at $7 billion, with a separate $1 billion limit for overseas exchange-traded funds.

Separately, Ashish Gupta has ceased to be a key personnel of Axis Asset Management Company with effect from the close of business hours on 30 April 2026.

Mahindra Manulife MF announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
05-May-2026 ( 10:11 )
Mahindra Manulife Mutual Fund has announced 07 May 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

Mahindra Manulife Aggressive Hybrid Fund:

Regular Plan Monthly ' IDCW: 0.18

Direct Plan Monthly ' IDCW: 0.18

Tata MF announces Income Distribution cum capital withdrawal (IDCW) under its scheme
04-May-2026 ( 10:13 )
Tata Mutual Fund has announced 06 May 2026 as the record date for declaration of Income Distribution cum capital withdrawal (IDCW) under the monthly IDCW option and under the Periodic IDCW Periodic-Payout/Reinvestment) of following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

Tata Aggressive Hybrid Fund ' Regular Plan & Direct Plan: 0.82 each.

Baroda BNP Paribas Mutual Fund announces change in fund manager under its schemes
02-May-2026 ( 12:12 )
Baroda BNP Paribas Mutual Fund has announced change in fund manager under the following schemes, With effect from 01 May 2026.

Change in Fund Manager:

Scheme Name Existing Fund Manager(s) New Fund Manager(s)
Baroda BNP Paribas Children's Fund,

Baroda BNP Paribas Innovation Fund,

Baroda BNP Paribas Conservative Hybrid Fund (Equity portion),

Baroda BNP Paribas Retirement Fund (Equity portion)

 Mr. Pratish Krishnan

Mr. Ankeet Pandya

Mr. Sanjay Chawla

Mr. Ankeet Pandya

Baroda BNP Paribas Equity Savings Fund Equity Portfolio Mr. Pratish Krishnan

Mr. Neeraj Saxena

Mr. Ankeet Pandya

Equity Portfolio Mr. Sanjay Chawla

Mr. Neeraj Saxena

Mr. Ankeet Pandya

Baroda BNP Paribas India Consumption Fund Mr. Pratish Krishnan

Mr. Himanshu Singh

Mr. Sanjay Chawla

Mr. Himanshu Singh

Baroda BNP Paribas Midcap Fund Mr. Pratish Krishnan

Mr. Himanshu Singh

Mr. Rohan Korde

Mr. Himanshu Singh

Baroda BNP Paribas ELSS Tax Saver Fund Mr. Sanjay Chawla

Mr. Pratish Krishnan

Mr. Sanjay Chawla

Mr. Yash Mehta

Baroda BNP Paribas ELSS Tax Saver Fund Mr. Sanjay Chawla

Mr. Pratish Krishnan

Mr. Sanjay Chawla

Mr. Yash Mehta

Baroda BNP Paribas NIFTY 50 Index Fund,

Baroda BNP Paribas NIFTY Bank ETF,

Baroda BNP Paribas NIFTY Midcap 150 Index Fund,

Baroda BNP Paribas Nifty 200 Momentum 30 Index Fund,

Baroda BNP Paribas Arbitrage Fund (Equity portion)

Mr. Neeraj Saxena Mr. Neeraj Saxena

Ms. Meenakshi Gururaj

Baroda BNP Paribas Health and Wellness Fund Mr. Sanjay Chawla Mr. Sanjay Chawla Mr. Rohan Korde
Baroda BNP Paribas Aqua Fund of Fund Ms. Swapna Shelar Ms. Swapna Shelar

Ms. Stuti Singhee

Baroda BNP Paribas Gold ETF Fund of Fund Mr. Gurvinder Singh Wasan

Mr. Madhav Vyas

Ms. Swapna Shelar

Mr. Gurvinder Singh Wasan

Mr.Madhav Vyas

Ms. Swapna Shelar

Ms. Stuti Singhee

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