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
New criteria aim to create a more economically viable model
The Pension Fund Regulatory and Development Authority (PFRDA) on Thursday issued new set of guidelines to boost the National Pension System (NPS). The new eligibility criteria recommended by G N Bajpai Committee are:
a) There will be no bidding process for appointment of fund managers. There will not be any cap to number of pension fund managers (PFMs) managing the retirement corpus under non-government and private sector segment.
b) Any eligible company can undertake the business of fund management under the NPS.
c) PFMs have been given the freedom to fix their own fees subject to an overall ceiling laid down by PFRDA. Earlier, the fund managers charged a uniform fee.
d) Fund managers are also free to set up their own marketing and distribution channel in order to attract potential subscribers.
NPS was initiated by the government for public on May 1, 2009. But it failed to attract popularity among the citizens. Currently, it has 50,000 individuals (other than the central government employees for whom it is now mandatory) from over a 400 million workforce. PFRDA had set up the Bajpai committee in August 2010 to do an in-depth study on the drawbacks of the scheme and recommend measures to fast-track and popularise the retirement scheme for individuals, including those in the informal sector under NPS.
"It is expected that the new criteria would provide for an economically viable business model for the PFMs attracting a fresh set of entrants into the pension industry," said the press release issued by PFRDA.
The finance ministry expects an increase in subscribers after these new changes in regulations.