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
Sensex saw its biggest one-day slide in 26 months. However, experts suggest investors to maintain their investments in equities.
Today, the domestic markets witnessed a sharp crash with the Sensex and the Nifty closing at 16,361 and 4,924, down 704 and 210 points respectively, following Federal Reserve’s assessment that the US economy faces significant downside risks. Also, data showing further slowdown in China’s manufacturing sector and fears of worsening European sovereign-debt woes unnerved the global markets including Indian markets. The selloff was further aggravated by the weak opening of the European markets.
At the end of the day, BSE Realty, down 5.67%, was the worst hit on worries of higher interest rates that would dent demand for residential and commercial properties followed by BSE Metal, down 4.34%, on weak economic data in China, the world’s largest consumer of aluminum and copper. BSE Oil & Gas slumped 4.19% while BSE IT declined 4% on worries of economic slowdown in US and Europe as over 80% of the revenue is generated in these markets.
According to S Naren, CIO – Equities, ICICI Prudential Mutual Fund, “Indian markets will get attractive if crude oil corrects.” He suggested that investors should maintain their investments in equities when the markets correct and when oil price corrects, they should increase their investments in equities. Speaking on investments in debt, Naren says investors should continue investing in short term debt until oil price corrects.
Moreover, the weakening of rupee which makes import of goods especially crude oil expensive worsened the market sentiments. As per reports, RBI was suspected to be selling dollars in the foreign exchange market at around Rs 49.15 to arrest steep losses following grim global economic outlook which forced investors to shun equities and move into safer assets like debt.