Cafemutual is a meeting point for all mutual fund professionals. So whether you are a self-employed independent financial advisor (IFA) or a hot-shot private banker with a big bank or a CEO of an AMC or a back office girl, we have something for you. To ensure that you have a productive and enriching experience at our site, spend a few minutes on this guide.
The Cafemutual Charter
What can you expect to see here?
Stay ahead of all the developments taking place in the Indian mutual fund industry. What’s more, all news is presented so that you find it relevant and useful. So whether it is industry news or NFO news or AMC specific news or the latest rankings and awards, expect to see it all here.
Get clarity on the broader issues and trends affecting your business
Benefit from the experience of your fellow IFAs as they share their success stories and best practices
There is a wide range of powerful applications and tools to make you more productive. Upload client portfolios, organise your meetings, compare funds, select funds, research funds…
You will find all the market commentaries and fact sheets of all the fund houses in this section. You can access these reports of all asset classes of any frequency (daily, weekly, monthly) of your choice.
This is the section where we try to address the concerns and issues of our visitors. You could post a query, remove your doubts or just seek more information by writing to us.
You can download the application forms of any fund house here.
Look up these directories when you want to locate addresses and contact details of the offices/ branches of AMCs, R & Ts, trainers, custodians, AMFI and SEBI.
Want to see something that is not there now? Have a suggestion on a topic or a subject? Encountered a technical glitch? Speak up and share. Send us your suggestions and feedback to prem@cafemutual.com. We will be delighted to hear from you!
Close
IFAs have mixed feelings on the new SEBI measures
In order to increase the penetration beyond beyond top 15 cities (tier I cities), SEBI has allowed AMCs additional 0.30% expense ratio for locations, depending upon the extent of new inflows. Though much of it is expected to be passed on to distributors, many are not sure if there could be a substantial enough increase in commissions.
“We are still not clear how much remuneration will be paid to us. We don’t feel that it will up too much because now exit load will go to the scheme. So, we don’t know how AMCs are planning to modify the commissions," says Vikash Agarwal, IFA from Orissa.
However, many IFAs welcome the move to broad base the reach of mutual funds.
“We still need more clarification on the structure of payment but overall we feel that it will help AMCs to increase penetration in tier II cities," says Samiran Banerjee, IFA from Durgapur.
Shifali Satsangee, IFA from Agra agrees. “It’s a positive move by SEBI by increasing the commissions for IFAs in tier II cities,” says Shifali.