| CAMS celebrates silver jubilee |
| 09:34 Apr 14,2013 |
| CAMS provides R&T services to 16 AMCs capturing around 60 percent of industry in AUM terms. |
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| MF distributors await EUIN even as deadline ends |
| 11:22 Mar 31,2013 |
| Distributors seek extension of EUIN compliance deadline. |
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| Want to change your transaction charge status? Do it before March 25 |
| 07:03 Mar 17,2013 |
| Distributors wanting to either opt in or opt out of transaction charge (TC) have to inform CAMS till March 25. |
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| UTI MF ropes in over 500 new cadre of distributors |
| 09:35 Mar 05,2013 |
| Other AMCs too are actively looking for the new cadre of distributors |
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| AMFI’s 'Central Distributor Services’ to bring operation relief to advisors |
| 11:00 Jan 13,2013 |
| The centralized data keeping will be operational from January 15, 2013.
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| AMFI-unit of CAMS is to create and maintain a common database of distributors |
| 09:18 Dec 25,2012 |
| Distributors are not supposed to approach individual AMCs, RTAs for any modification in their employee unique identity number (EUIN) data from January. |
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| AMFI rolls out unique identity number for distributor’s employees |
| 03:46 Nov 30,2012 |
| Employees of distributors offering sales advice to investors need to surrender their existing corporate ARN cards by 30th November. |
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| Advisors can opt in for transaction charges at product level till November 17th |
| 07:48 Oct 31,2012 |
| Advisors can now choose to opt in for transaction charges across 11 scheme categories. |
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| SEBI gives green signal to L&T-Fidelity deal |
| 02:37 Sep 23,2012 |
| SEBI is expected to give product restructuring approval shortly after which investors will be given a no load exit window. |
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| CAMS launches KYC Registration Agency |
| 05:37 Aug 29,2012 |
| CAMS KRA is the fourth player to get SEBI license |
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| SEBI relaxes KYD norms for overseas mutual fund distributors |
| 10:41 Jul 20,2012 |
| Overseas mutual fund distributors are now not required to obtain NISM certification and are also not required to comply with KYD process. |
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| CAMS gets KYC Registration Agency license from SEBI |
| 10:41 Jul 05,2012 |
| CAMS KRA is the fourth player to get SEBI license for KYC Registration Agency (KRA) |
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| SEBI asks AMCs for status on de-duplication of folios |
| 06:29 Apr 30,2012 |
| The regulator had asked AMCs to de-duplicate folios in its 22 August, 2011 circular. |
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| Uniform tariff for insurers availing uniform KYC service |
| 06:09 Jan 30,2012 |
| IRDA wants to kick-start the service with 23 life insurance companies. |
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| Now investors can buy funds via SMS in IDFC’s Money Manager Fund |
| 06:19 Dec 14,2011 |
| Now investors can buy a mutual fund by just sending an SMS |
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| AMFI’s MF Utility Platform likely to miss April deadline |
| 09:38 Dec 12,2011 |
| Though the process to select a vendor is under way, AMFI’s deadline to develop the software in three months is unlikely to be achieved, say sources |
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| SIPs gallop, MF industry now has 80 lakh live SIPs |
| 11:16 Dec 07,2011 |
| The total number of SIPs has gone up 21% from 34 lakh in October 2010 to 41 lakh in 2011 at CAMS while Karvy has registered 66% growth in SIP inflows this year |
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| MFs make little headway beyond the top 14 cities |
| 09:33 Nov 11,2011 |
| Top 5 cities account for a whopping 75% of industry AUM and if we add the next 9 cities, the percentage goes up to 87%, shows an analysis of AMFI data |
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| AMFI’s MF Utility platform to bring in operational ease for distributors |
| 05:47 Oct 10,2011 |
| Competition in the online platform heats up as several players eye a share of the market |
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| Opt in or opt out of transaction charges by October 21 |
| 10:01 Oct 03,2011 |
| Service tax of 10.30% to be deducted from transaction charges |
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| Transaction charge implementation is a while away |
| 12:52 Aug 25,2011 |
| Registrars are tweaking their software to incorporate the new rule even as AMCs await more clarity on implementation from AMFI |
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| CAMS JV partners reportedly looking for an exit |
| 04:52 Jun 14,2011 |
| CAMS officials, however deny any such development |
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| Fund officials allege distributors flouting ARN guideline |
| 04:49 Jun 02,2011 |
| AMFI has asked national distributors and banks advising mutual funds to furnish employee registration status to make sure that they comply with AMFI ARN registration rule |
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| Is SEBI trying to increase the cost of investment in mutual fund, ask IFAs |
| 10:53 May 23,2011 |
| The regulator has recently announced that investors can hold units either in physical or in demat form in an open-ended scheme |
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| HSBC Mutual Fund launches HSBC Brazil Fund |
| 11:18 Apr 18,2011 |
| HSBC Mutual Fund has floated an open ended fund of fund HSBC Brazil Fund |
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| No major dole outs to distributors from load corpus |
| 05:59 Mar 17,2011 |
| Expect no major surprises from AMCs for distributors after SEBI nod on free usage of exit load corpus for marketing expenses |
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| Kotak launches Kotak Gold Fund |
| 12:10 Mar 03,2011 |
| Kotak Mutual Fund is the latest fund house to launch a gold fund of fund called Kotak Gold Fund, an open ended scheme |
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| AMFI extends KYD deadline till end-March |
| 11:00 Feb 28,2011 |
| AMFI has extended the deadline for distributors to complete KYD requirements as almost half of them are still not compliant |
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| KYD deadline likely to be extended |
| 06:34 Feb 24,2011 |
| AMFI is likely to extend the deadline for all distributors to comply with KYD requirements; a large number of distributors are still to comply |
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| IDFC launches Infrastructure Fund |
| 06:04 Feb 17,2011 |
| The fund will invest in all companies that are engaged in financing, developing, operating and maintaining any facility/project in the infrastructure sector. It will follow a bottom up approach. |
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| SBI MF floats capital protection fund |
| 09:29 Feb 16,2011 |
| SBI Mutual Fund today announced the launch of its five year close-ended capital protection fund series two |
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| Overseas IFAs yet to comply with KYD norms |
| 06:09 Jan 20,2011 |
| MF distributors based in foreign cities with NRI concentration too are still to comply with KYD requirements |
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| CAMS speeds up KYD processing |
| 03:45 Jan 11,2011 |
| CAMS is making special efforts to enable distributors across the country to complete KYD well ahead of the deadline |
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| Distributors delay KYD compliance |
| 06:10 Dec 24,2010 |
| Only about 10% of the distributors have completed the KYD procedure so far; two months left for compliance |
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| SEBI nudges MFs to cut R&T fees |
| 02:37 Dec 13,2010 |
| SEBI wants mutual funds to reduce the fees they pay to R&Ts as it aims to reduce the overall expense ratio |
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| MFs facilitate mobile transactions |
| 05:20 Dec 09,2010 |
| Reliance MF, UTI MF, Birla Sun Life MF and HDFC MF allow buying of units through mobile handsets |
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| Mutual Funds grapple with regulatory changes for NFOs |
| 05:08 Oct 19,2010 |
| Mutual funds find allotment of units within five days of closure of an NFO to be a tall order, reach |
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| Channel distributors fall in line; start sharing investor documents |
| 11:16 Oct 15,2010 |
| Large mutual fund distributors are now being paid the commissions that were held back after they sta |
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| 'What sustains us is the smile we see on a customer’s face': V Shankar, CAMS |
| 10:08 May 20,2012 |
| In the second part of a two-part interview, V Shankar, Director, CAMS defines the roadmap for his company. |
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| ‘Our role has evolved from that of a service provider to a knowledge partner’: V Shankar, CAMS |
| 12:12 May 19,2012 |
| Cafemutual starts a series of interviews with the game-changers who have shaped India’s MF industry. |
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| KYC norms hit SIP inflows in January |
| 10:34 Feb 11,2011 |
| New KYC norms seem to have slowed down SIP registrations. However, the industry is confident that this is just a short-term glitch |
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| BCG- CAMS Report on Indian Equity Mutual Funds |
| 06:44 Jun 30,2010 |
| Equity mutual funds have seen a spectacular growth in their AUM over the last few years. BCG and CAMS have produced a report based on an analysis of the equity mutual funds data with CAMS from 2003 to 2010. |
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| We slashed our client base from 11,000 to 600 in order to make our business profitable: Vinod Jain |
| 06:39 Aug 02,2012 |
| Vinod Jain, known as the ‘king of SIPs’ in the distribution fraternity had to downsize his client base by parting with 10400 clients. Today he has been able to streamline his business by catering to a niche clientele with a minimum ticket size of Rs 25 lakh.
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| Know your new KYD norms |
| 05:02 Oct 11,2010 |
| Having difficulty in conforming to the new KYD norms? Here is a step-by-step guide |
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