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
Committee makes a few recommendations to SEBI
The mutual fund advisory committee in its meeting today with SEBI suggested that AMFI could become an SRO to regulate distributors.
For liquid funds, the committee recommended that the NAV should be allotted based on realisation of funds for investments below one crore. Investors were splitting applications to get the same day’s NAV if they wanted to invest one crore. It has asked SEBI to take strict action against this practise. It has also suggested SEBI to make portfolio disclosures mandatory on a monthly basis instead of every six months.
“The exit load has to be written back to the scheme and against which few basis points expenses can be charged by the scheme. There was a discussion on bringing fungibility and increasing total expense ratio also” said a committee member.
Sources say that no consensus was arrived on formulating an incentive structure for distributors. “Entry load is not being introduced. SEBI will present the recommendations to its board,” says M S Apte, Investor Association - Lokmanya Seva Sangh.
The regulator is likely to present these recommendations to its board members for its approval.