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
AMFI is in talks with rating agencies to construct new benchmarks to enable fund houses to comply with the new guideline on performance disclosure in advertisements.
Mumbai: To help fund houses to comply with the new guideline on performance disclosure in advertisements of debt funds, AMFI is talking to CRISIL and ICRA for constructing new benchmarks that will be used for measuring the performance of debt funds.
“We are progressing on the implementation. We are in talks with CRISIL and ICRA,” said, H N Sinor, CEO, AMFI.
The recent SEBI circular requires that debt schemes are required to display the returns of 10 year government security and 1 year T-Bill. Fund houses say that the only roadblock is that currently there are no benchmarks which track the 10 year government dated security and 1 year Treasury Bill.
“The only challenge is to show the performance against 1 year T-Bill. There is no index which tracks T-Bill and 10 year government dated security. The 10 year GOI index keeps changing every year. Someone has to create a new index which has the past data,” said a chief operations officer of a leading fund house.
G-Sec Funds are currently benchmarked against I-Sec LiBex.
Liquid funds will have to be benchmarked against 1 year T-Bill. Currently all liquid funds are benchmarked against CRISIL Liquid Fund Index while open-ended debt schemes are benchmarked against CRISIL Short Term Bond Fund Index.
SEBI in its circular issued on August 22 had directed fund houses to show the performance of equity and debt schemes against standard benchmarks like Sensex and Nifty in addition to the scheme benchmarks. Analysts argue that comparing a sector funds performance vis a vis Sensex or Nifty does not make sense.
Further, fund houses have decided to disclose the performance of the second fund manger if a particular scheme is managed by two fund managers.