| UTI, SBI have the highest proportion of B-15 towns AUM |
| 09:38 May 23,2013 |
| With 23.5% and 20.2% of their AUM coming from B-15 cities, UTI and SBI are the AMCs with the highest proportion of assets B-15 cities. |
|
| SBI MF to empanel SBI's retired employees under the new cadre of distributors |
| 09:16 May 20,2013 |
| 56 aspirants had given NISM test during the inauguration of programme at Chandigarh on May 18. |
|
| US funds in vogue |
| 09:45 May 15,2013 |
| More fund houses rush to launch US based funds. |
|
| Now, insure financial goals with general insurance cover |
| 07:38 May 13,2013 |
| ICICI Lombard and ICICI Securities launch Secure Mind, an insurance cover for MF SIP investors. |
|
| UTI Mutual Fund tops tally of Rank 1 Funds |
| 09:58 May 08,2013 |
| SBI Mutual Fund occupied the second position with 6 of its funds featuring in the top cluster. |
|
| Non-life insurers register 19 percent growth in financial year 2012-13 |
| 06:58 May 03,2013 |
| Experts said the growth is driven by increase in health insurance penetration across B-15 cities. |
|
| RBI cuts repo and reverse repo rate by 25 basis points. What should you tell your clients? |
| 07:01 May 03,2013 |
| Fund managers recommend investing in short term and dynamic bond funds for investment horizon of less than a year and long duration gilt funds for up to three years exposure. |
|
| Life insurance premium collections decline by 6.3 percent |
| 09:41 May 02,2013 |
| Experts attributed the decline to slow economic growth and high inflation rate. However, they are optimistic of recovery within 6 months. |
|
| Axis Mutual Fund appoints Chandresh Nigam as its CEO |
| 11:20 Apr 30,2013 |
| He will continue to be the CIO |
|
| DSP BlackRock gets PFRDA nod to foray in NPS |
| 08:51 Apr 23,2013 |
| DSP BlackRock will be the seventh player acting as NPS fund manager. |
|
| General Insurance sector registers 19 percent growth in premium collection |
| 05:51 Apr 16,2013 |
| Insurance companies and financial advisors attribute this growth to increase in demand of health insurance products. |
|
| SREI floats secured redeemable NCDs issue |
| 01:04 Apr 12,2013 |
| SREI Infrastructure Finance Non-Convertible Debentures (NCD) is offering effective yields of 10.75 percent and 11 percent per annum for three years and five years maturity periods respectively. |
|
| Equity mutual funds receive net inflows of Rs 514 crore in March |
| 11:36 Apr 10,2013 |
| Net outflows from equity funds reach Rs 12931 crore in FY 2012-13 compared to net inflows of Rs 264 crore the previous year. |
|
| Chandresh Nigam tipped to be the next CEO of Axis Mutual Fund |
| 09:44 Apr 07,2013 |
| The decision to elevate Chandresh would be taken by the board of trustees in a month. |
|
| IRDA seeks data from insurance companies in an alleged money laundering row |
| 05:32 Mar 26,2013 |
| Insurance regulator asks private life insurers to clarify their stance. |
|
| Non-life insurers register a robust growth of 19 percent in premium collections |
| 09:14 Mar 24,2013 |
| SBI General Insurance registers the highest growth of 218 percent in premium collection among all its peers. |
|
| Morningstar: HDFC is the best equity fund house, Birla Sun Life the best debt fund house |
| 09:28 Mar 21,2013 |
| UTI Equity Fund wins the best equity fund award while Birla Sun Life MMC Fund wins the best small/mid-capfund award. |
|
| RBI cuts repo rate. What should you tell your investors? |
| 04:37 Mar 19,2013 |
| Fund managers recommend actively managed duration funds to investors with a time horizon of 12-18 months. |
|
| Just like it is important to invest, it is equally crucial to invest correctly: Raghav Iyengar |
| 06:22 Mar 18,2013 |
| Raghav Iyengar, EVP & Head – Retail & Institutional Business, ICICI Prudential Mutual Fund talks about ICICI Prudential’s latest investor awareness program, ‘Invest Correctly’. |
|
| IRDA has asked insurers to issue monthly ULIP reduction in yield |
| 09:20 Mar 11,2013 |
| Insurers also need to issue a certificate with all the details of various charges levied on the customer. |
|
| 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 |
|
| AMCs take the battle to the field in Kolkata |
| 09:37 Mar 04,2013 |
| AMCs participate enthusiastically in the inter-AMC tournament organized by ASK Circle. |
|
| HSBC AMC scraps exit load in all schemes |
| 11:57 Feb 24,2013 |
| In a bold move, HSBC Mutual Fund decided to scrap exit load in all its schemes from March 01. |
|
| Anup Rau appointed as the new CEO of Reliance Life insurance |
| 09:33 Jan 14,2013 |
| Rau will also be on the Board of Reliance Life Insurance. |
|
| Motilal Oswal AMC appoints Aashish Somaiyaa as its CEO |
| 01:56 Jan 08,2013 |
| Aashish was heading the retail business at ICICI Prudential AMC earlier. |
|
| Life insurers report 6 percent growth in premium during April – November 2012 |
| 09:28 Jan 04,2013 |
| LIC is the key contributor by reporting 15 percent growth during this period. |
|
| HDFC AMC crosses Rs 1 lakh crore asset mark again |
| 09:32 Jan 02,2013 |
| ICICI Pru registers the highest asset growth; Reliance, Birla Sun Life and J P Morgan too add sizeable assets in October – December quarter, shows the latest AMFI data. |
|
| BOI Axa Mutual Fund launches SIP insurance |
| 09:46 Dec 08,2012 |
| The facility is open to new and existing investors from December 6th, 2012. |
|
| Aashish Somaiyaa to take over as the CEO of Motilal Oswal AMC |
| 09:51 Dec 05,2012 |
| Aashish has been with ICICI Prudential AMC for over 12 years |
|
| Birla, ICICI Pru and Reliance join the race to launch Infrastructure Debt Funds (IDFs) |
| 03:52 Nov 14,2012 |
| Fund houses rush to launch Infrastructure Debt Funds. |
|
| Morningstar Investment Conference 2012 – Day 1 |
| 05:51 Nov 02,2012 |
| Morningstar India held its annual annual Investment Conference in Mumbai which saw a gathering of financial advisors, wealth managers, bankers and investment experts. |
|
| IFAs soak in knowledge at the IFA Galaxy Summit |
| 01:07 Oct 20,2012 |
| The summit also discussed few major issues facing the IFA fraternity. |
|
| AMCs gearing up to make effective use of two basis points to attract investors |
| 11:29 Oct 19,2012 |
| At the current AUM, the industry is likely to spend Rs 149 crore annually in educating investors about mutual funds. |
|
| IFAs, bankers and MF honchos learn and bond at Cafemutual Confluence 2012 |
| 06:37 Oct 16,2012 |
| More than 450 delegates from across the country participated in the event. |
|
| ICICI Pru and Axis hike exit loads in equity funds to 3 percent to dissuade redemptions |
| 06:34 Oct 09,2012 |
| Axis and ICICI Prudential have hiked exit loads from 1 % to 3 %from 1st October. |
|
| FDI in insurance hiked to 49 percent from 26 percent |
| 06:27 Oct 05,2012 |
| This move by the cabinet will give a boost to the insurance sector. |
|
| ICICI Prudential partners with Syndicate Bank |
| 06:45 Oct 01,2012 |
| - |
|
| Delhi University to hold its XXV Annual Convention 2012 on September 29 |
| 06:36 Sep 26,2012 |
| Experts will deliberate on the challenges in Indian financial markets. |
|
| Prefer companies with stable earnings, even if expensive – Anoop Bhaskar, UTI Mutual Fund |
| 07:32 Sep 25,2012 |
| Anoop Bhaskar, Head-Equity, UTI Mutual Fund gives his perspective on the valuations of Indian markets. |
|
| HDFC, Fidelity and Escorts bag Lipper Award 2012 |
| 07:00 Sep 24,2012 |
| ICICI Prudential AMC won seven awards, followed by HDFC AMC which bagged six awards. |
|
| ICICI Prudential partners with My Financial Advisor to spread financial literacy among children |
| 06:58 Sep 14,2012 |
| An indoor cricket board game has been developed to create awareness in a fun way. |
|
| ICICI Prudential Mutual Fund launches Financial Premier League game |
| 09:46 Sep 14,2012 |
| The AMC aims to spread financial literacy through an indoor cricket game among school students and parents. |
|
| Declaration of dividend under ICICI Prudential MF FMP Series 59-1 Year Plan D |
| 06:22 Sep 12,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF FMP Series 63-750 Days Plan F |
| 06:22 Sep 12,2012 |
| - |
|
| Six out of the top ten AMCs register a growth in profits in FY12 |
| 09:40 Sep 11,2012 |
| The top nine fund houses recorded a combined net profit of Rs 979 crore as against Rs 931 crore the previous year. |
|
| ICICI Prudential MF introduces ICICI Prudential Fixed Maturity Plan-Series 64-3 Year Plan K |
| 06:08 Sep 10,2012 |
| - |
|
| Life insurance premium up 16 percent in July |
| 11:06 Sep 07,2012 |
| LIC accounts for bulk of the growth; private players together register a decline |
|
| Declaration of dividend under ICICI Prudential MF Multiple Yield Fund - Plan D |
| 05:42 Sep 04,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF FMP Series 57 - 3 Years Plan A |
| 05:41 Sep 04,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential Fixed Maturity Plan Series 62 |
| 05:52 Aug 29,2012 |
| - |
|
| AMCs make a beeline for Interval Debt Funds |
| 10:08 Aug 29,2012 |
| The product combines the advantages of an FMP with a window for subscription and redemption. |
|
| Declaration of dividend under ICICI Prudential MF Interval Fund - Annual Interval Plan I |
| 11:41 Aug 27,2012 |
| - |
|
| ICICI Prudential MF introduces ICICI Prudential Fixed Maturity Plan-Series 64-3 Year Plan I |
| 12:07 Aug 23,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF FMP Series 59 - 1 Years Plan B |
| 12:10 Aug 23,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF Fixed Maturity Plan Series 61 -3 Years Plan F |
| 02:44 Aug 21,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF Monthly Income Plan |
| 02:44 Aug 21,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF Fixed Maturity Plan Series 58 - 2 Year Plan E |
| 02:42 Aug 21,2012 |
| - |
|
| ICICI Prudential MF introduces ICICI Prudential Fixed Maturity Plan-Series 64-367 Days Plan J |
| 10:10 Aug 18,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF Interval Fund II - Quarterly Interval Plan B |
| 06:15 Aug 13,2012 |
| - |
|
| Reliance Mutual Fund launches mobile investment facility |
| 10:50 Aug 13,2012 |
| Besides allowing investing in Reliance MF schemes the facility also provides inter-bank fund transactions. |
|
| ICICI Prudential MF introduces ICICI Prudential Fixed Maturity Plan-Series 64-3 Year Plan H |
| 12:12 Aug 13,2012 |
| - |
|
| L&T Mutual Fund appoints Head -Investment - Fixed Income |
| 11:01 Aug 08,2012 |
| - |
|
| 535 IFAs from 62 cities learn, bond and celebrate at MFRT 2012 |
| 12:49 Aug 08,2012 |
| MFRT 2013 targeting 900 IFAs in Hyderabad |
|
| Gilt funds best performers across categories: CRISIL |
| 11:37 Aug 04,2012 |
| Despite better performance, uncertainty over the pace of rate cuts has led to a drop in assets in gilt funds. |
|
| Declaration of dividend under ICICI Prudential MF Interval Fund II - Quarterly Interval Plan A |
| 12:27 Aug 01,2012 |
| - |
|
| Declaration of dividend under IDFC MF Super Saver Income Fund - Medium Term Plan |
| 10:15 Jul 30,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF FMP Series 59 - 1 Year Plan A |
| 05:47 Jul 26,2012 |
| - |
|
| Life Insurance industry registers a 6 percent jump in premium for the first quarter |
| 05:55 Jul 25,2012 |
| Insurers give the credit for growth to distributors. |
|
| Declaration of dividend under ICICI Prudential MF Interval Fund - Quarterly Interval Plan III |
| 03:31 Jul 24,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential Corporate Bond Fund |
| 12:43 Jul 23,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF Interval Fund - Quarterly Interval Plan III |
| 12:43 Jul 23,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF Series 61 - 27 Months Plan D |
| 11:02 Jul 18,2012 |
| - |
|
| ICICI Prudential MF introduces ICICI Prudential Fixed Maturity Plan-Series 63-3 Year Plan M |
| 05:40 Jul 18,2012 |
| - |
|
| Jaideep Bhattacharya tipped to be the CEO at Baroda Pioneer AMC |
| 11:47 Jul 16,2012 |
| Jaideep is likely to join the AMC next week |
|
| AMCs paid Rs 169 crore commission to their affiliates |
| 10:59 Jul 14,2012 |
| Affiliates continue to be top distributors for many AMCs |
|
| Declaration of dividend under ICICI MF FMP Series 57 - 1 Year Plan C |
| 11:57 Jul 12,2012 |
| - |
|
| Top 20 distributors get 63% of total commission payments |
| 10:28 Jul 10,2012 |
| HSBC is the biggest among banks; NJ biggest among national distributors |
|
| Declaration of dividend under ICICI Prudential MF Interval Fund II -Quarterly Interval Plan F |
| 02:29 Jul 09,2012 |
| - |
|
| ICICI Prudential MF extends NFO closure date of FMP - Series 64 - 367 Days Plan G |
| 05:30 Jul 06,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF FMP Series 60 - 27 Months Plan I |
| 05:43 Jul 06,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF FMP Series 61 - 18 Months Plan B |
| 05:44 Jul 06,2012 |
| - |
|
| ICICI Prudential ties up with Europe based Nordea Investment Management AB |
| 10:07 Jul 06,2012 |
| The partnership will seek to capitalize on each other’s respective strengths in distribution and investment expertise in the Indian and international markets. |
|
| Industry AUM up 4% in last quarter, most AMCs register growth |
| 02:10 Jul 04,2012 |
| 29 AMCs registered a growth in their assets, industry AUM goes up to Rs 6.92 lakh crore in June. |
|
| Declaration of dividend under ICICI Prudential MF FMP Series 58- 1 Year Plan B |
| 06:20 Jul 03,2012 |
| - |
|
| Finance Ministry keen on taking immediate steps for revival of MF industry |
| 05:46 Jul 02,2012 |
| In a meeting chaired by Economic Affairs Secretary R Gopalan today, various stakeholders – AMC CEOs, SEBI officials, AMFI CEO and FIFA representative gave their recommendations to revive the fortunes of the mutual fund industry. |
|
| Declaration of dividend under ICICI Prudential MF Multiple Yield Fund Series 2 - Plan C |
| 03:31 Jun 29,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF FMP Series 57- 3 Years Plan C |
| 03:30 Jun 29,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF Multiple Yield Fund -Plan C |
| 03:32 Jun 29,2012 |
| - |
|
| Will the growth of life insurance premium continue during the current fiscal? |
| 06:02 Jun 29,2012 |
| Life insurance business recorded an increase of 1.4 percent in premium for first two months of the current fiscal |
|
| Declaration of dividend under ICICI Prudential MF Regular Savings Fund |
| 04:56 Jun 28,2012 |
| - |
|
| Holding part of portfolio in dollar assets is a must: Aashish Somaiyaa, ICICI MF |
| 07:58 Jun 27,2012 |
| Aashish Somaiyaa, Sr. Vice President & Head - Retail Business, ICICI Prudential AMC shares his perspective on the AMC’s latest offering—ICICI Prudential Bluechip Equity Fund. |
|
| Declaration of dividend under ICICI Prudential MF FMP Series 53 - 3 Years Plan B |
| 07:55 Jun 26,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF Liquid Plan |
| 07:57 Jun 26,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF FMP Series 61-1 Year Plan E |
| 07:55 Jun 26,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF FMP Series 61 -1 Year Plan C |
| 07:56 Jun 26,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF FMP Series 63-1 Year Plan B |
| 07:56 Jun 26,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF Interval Fund IV - Quarterly Interval Plan B |
| 07:55 Jun 26,2012 |
| - |
|
| ICICI Prudential MF introduces ICICI Prudential Fixed Maturity Plan-Series 63-3 Year Plan L |
| 11:37 Jun 23,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF Ultra Short Term Plan |
| 11:34 Jun 23,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF FMP Series 55-1 Year Plan H |
| 06:15 Jun 20,2012 |
| - |
|
| ICICI Prudential MF launches US Bluechip Equity Fund, the first local actively managed fund investing in US equity |
| 10:49 Jun 20,2012 |
| The fund seeks to offer geographic diversification to domestic investors by investing in US which has a low correlation with the Indian market. |
|
| ICICI Prudential MF introduces ICICI Prudential US Bluechip Equity Fund |
| 10:02 Jun 18,2012 |
| - |
|
| Declaration of dividend under ICICI MF FMP Series 60-18 Months Plan G |
| 07:14 Jun 15,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF FMP Series 57-3 Year Plan C |
| 05:37 Jun 11,2012 |
| - |
|
| ICICI Prudential MF introduces ICICI Prudential Fixed Maturity Plan-Series 64-274 Days Plan F |
| 12:36 Jun 08,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF Interval Fund II - Quarterly Interval Plan D |
| 05:37 Jun 07,2012 |
| - |
|
| Declaration of dividend under ICICI Prudential MF Interval Fund II - Quarterly Interval Plan D |
| 05:23 Jun 06,2012 |
| - |
|
| ICICI Prudential MF introduces ICICI Prudential Capital Protection Oriented Fund II - Series X - 36 Months |
| 03:05 Jun 06,2012 |
| - |
|
| Kalpen Parekh takes over as CEO of IDFC Mutual Fund |
| 06:31 Jun 06,2012 |
| Naval Bir Kumar, the earlier President and CEO of IDFC MF, has assumed a bigger role in the IDFC group. |
|
| ICICI Prudential Life to pay penalty for paying extra commission to distribution channel |
| 12:54 Jun 01,2012 |
| The Insurer has to pay Rs 118 lakh fine within 15 days. |
|
| Time to rebalance asset allocation in favour of equity – S Naren, ICICI MF |
| 04:31 Jun 01,2012 |
| S. Naren, CIO – Equity, ICICI Prudential AMC says historically whenever money is invested with interest rates at highs and markets at attractive valuations, returns in the near future have beaten expectations of gloom that were prevailing then. His perspective on the current market situation makes interesting reading... |
|
| HDFC & Axis see highest folio growth in FY12 |
| 07:10 May 30,2012 |
| HDFC adds more than 4.8 lakh folios while Axis adds close to 1 lakh folio in FY12 at a time when the industry saw a dip in their investor base. |
|
| ICICI Prudential MF introduces Fixed Maturity Plan - Series 64 - 180 Days Plan E |
| 03:40 May 29,2012 |
| NFO Opens on May 30, 2012 and closes on 31 May, 2012 |
|
| Declaration of dividend under ICICI Prudential MF Interval Fund II |
| 03:06 May 25,2012 |
| ICICI Prudential Mutual Fund has declared dividend on the face value of Rs 10 per unit under the retail and institutional dividend option of ICICI Prudential Interval Fund II-Quarterly Interval Plan C, a debt oriented interval scheme. |
|
| ICICI Prudential Mutual Fund files offer document for ICICI Prudential Fixed Maturity Plan Fixed Maturity Plan – Series 6 – Series 65 |
| 05:06 May 16,2012 |
| - |
|
| ICICI Prudential MF introduces ICICI Prudential Fixed Maturity Plan - Series 63 - 3 Years Plan K |
| 01:23 May 16,2012 |
| - |
|
| ICICI Prudential MF introduces ICICI Pru Capital Protection Oriented Fund II -Series XII- 12 Months Plan |
| 01:24 May 15,2012 |
| - |
|
| ICICI Prudential MF introduces ICICI Pru Capital Protection Oriented Fund II -Series XII- 12 Months Plan |
| 01:19 May 15,2012 |
| - |
|
| ICICI Prudential MF introduces ICICI Prudential Fixed Maturity Plan - Series 63 - 3 Years Plan K |
| 01:20 May 15,2012 |
| - |
|
| ICICI Prudential FMP Series 55-15 Months Plan A announces dividend |
| 12:30 May 15,2012 |
| - |
|
| ICICI Prudential Multiple Yield Fund-Plan E announces dividend |
| 12:23 May 15,2012 |
| - |
|
| ICICI Prudential MF announces dividend under Interval Fund II - Quarterly Interval Plan B |
| 12:22 May 15,2012 |
| - |
|
| ICICI Prudential Interval Fund II-Quarterly Interval Plan B announces dividend |
| 12:20 May 15,2012 |
| - |
|
| IRDA clamps down on products with highest NAV guarantee |
| 05:41 May 14,2012 |
| Also, in order to ensure adequate cover, the regulator has ordered that death benefits should be linked to premiums paid. |
|
| ICICI Prudential MF offers free cover to make SIP more attractive |
| 11:08 May 12,2012 |
| In order to create more stickiness in SIP accounts, the AMC has introduced a new feature which comes bundled with insurance cover. |
|
| Jaideep Bhattacharya quits UTI AMC |
| 10:20 May 05,2012 |
| Jaideep is leaving to chase other pursuits says a press release from UTI |
|
| Insurers gear up for rollout of demat in life policies |
| 05:25 May 03,2012 |
| A few players feel agents might lose touch with customers due to the online interface. Smaller insurers are worried about the additional costs involved in holding policies in an electronic form. |
|
| General insurance companies post 23% growth in gross premium in FY12 |
| 03:10 May 01,2012 |
| Public sector firms clocked 21% growth at Rs 34,113 crore, while private players reported 25% leap in premium over the previous fiscal with Rs 24,230 crore in gross collections. |
|
| ICICI Prudential MF introduces ICICI Prudential FMP - Series 64 - 367 Days Plan C |
| 02:22 Apr 30,2012 |
| - |
|
| ICICI Pru MF declares dividend under Quarterly Interval Plan A |
| 01:25 Apr 28,2012 |
| - |
|
| ICICI Prudential Top 100 Fund announces dividend |
| 12:08 Apr 26,2012 |
| - |
|
| ICICI Prudential announces dividend under FMP Series 55 and 56 |
| 12:00 Apr 26,2012 |
| - |
|
| S&P cuts India outlook, but markets shrug it off |
| 07:04 Apr 25,2012 |
| Slowdown in reform and deteriorating economic indicators cause downgrade |
|
| ICICI Prudential MF announces dividend under Interval Fund - Quarterly Interval Plan III |
| 04:54 Apr 24,2012 |
| dividend under the dividend option |
|
| ICICI Prudential Mutual Fund files offer document for ICICI Prudential Global Stable Equity Fund |
| 04:17 Apr 24,2012 |
| An open ended fund-of-funds scheme, this product will invest in global MFs. |
|
| Standard Chartered & SBI opt out of transaction charges |
| 07:19 Apr 18,2012 |
| These banks were charging a transaction charge from their investors earlier but have opted out now. |
|
| Taurus Mutual Fund appoints Abhinav Sharma as fund manager (equity) |
| 06:37 Apr 10,2012 |
| - |
|
| General insurance reports 24% rise in business |
| 05:55 Mar 28,2012 |
| Public players report higher collection than private players for the month of February 2012. |
|
| The budget is anti-inflationary and seems more realistic: Sandesh Kirkire |
| 05:47 Mar 20,2012 |
| Sandesh Kirkire, CEO, Kotak Mutual Fund says that the future direction for both the equity and the debt market would be driven by a combination of domestic factors like corporate performance and government finances, and global factors affecting the liquidity. |
|
| RBI keeps policy rates unchanged; experts favor short term funds |
| 06:49 Mar 15,2012 |
| Fund managers say that short term funds like liquid, ultra short term and short term income category are likely to find traction. |
|
| Budget expectations from MF officials |
| 03:28 Mar 14,2012 |
| Arindam Ghosh, CEO, Mirae Asset Global Investments says that the budget should grant equity status to international funds with over 65% exposure outside India. This according to him will be a definitive step to persuade Indian investors to take exposure to other financial markets through the mutual fund route. |
|
| General Insurance companies report 25% increase in business |
| 02:33 Mar 09,2012 |
| General insurance players have reported a stable increase in the last ten months. |
|
| ICICI Prudential files offer document for goal based Lakshya Fund |
| 06:51 Feb 23,2012 |
| The scheme will serve different goals by following an asset allocation which suits the time horizon of the goal. |
|
| ICICI Prudential MF declares change in SID, KIM of three schemes |
| 12:42 Feb 17,2012 |
| - |
|
| Online and mallassurance are the new distribution channel that are picking up |
| 07:48 Feb 16,2012 |
| Life insurance players report 20 percent increase in sale through these channels. |
|
| HDFC and ICICI Pru win Morningstar Awards |
| 11:59 Feb 11,2012 |
| Morningstar awards HDFC the Best Equity and the Best Multi-asset Fund House Awards, ICICI Prudential the Best Debt Fund House |
|
| General insurance premiums register an increase |
| 02:32 Feb 07,2012 |
| Industry official relates the increase to awareness about health insurance among customers. |
|
| HUDCO and IRFC Tax-Free Bonds now open |
| 12:46 Jan 28,2012 |
| IFAs can recommend HUDCO and IRFC tax-free bonds to those clients (especially NRIs) who are looking for steady income. |
|
| Life Insurance companies report a dip in first year premium |
| 07:36 Jan 27,2012 |
| Industry experts claim that the dip is mainly due to the reform in regulations: most of the agents are exiting from the industry. |
|
| Kolkata IFAs have fun in the inter-AMC cricket tournament |
| 11:21 Jan 17,2012 |
| ASK Circle Association organises an exciting, inter-AMC Cricket tournament in Kolkata. |
|
| SREI Infrastructure tax-saving bond opens for subscription |
| 07:00 Jan 03,2012 |
| IFAs can suggest “SREI Infrastructure Long Term Infrastructure Bond-Tranche 1” to their clients who are looking to generate secured income along with tax benefits. |
|
| “NHAI Tax Free Bonds – Tranche 1” is open from 28 December 2011 |
| 01:36 Dec 26,2011 |
| IFAs can recommend “NHAI Tax Free Bonds – Tranche 1” to those clients, especially NRIs, who are looking for extra income. |
|
| ICICI AMC asks distributors to get active |
| 09:42 Dec 20,2011 |
| The fund house is planning to de-empanel some distributors if they fail to achieve their target sales by 31st December 2011 |
|
| 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 |
|
| Four Life Insurance companies eligible to tap the capital market |
| 12:00 Dec 03,2011 |
| IRDA has announced the detailed final guidelines for IPO for life insurance players |
|
| L&T Tax saving bonds opens for subscription on 25 November |
| 05:34 Nov 24,2011 |
| IFAs can recommend “L&T Long Term Infrastructure Bonds - Tranche I” to those clients who are looking to create secured income with added tax benefits |
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| HSBC is the largest mf distributor among banks; NJ among NDs |
| 10:50 Nov 18,2011 |
| The 20 largest distributors (10 banks and 10 NDs) account for 57% (Rs.1, 033 crore) of industry’s Rs. 1,800 crore payout in FY10-11 |
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| Bank sponsored MFs take help of affiliates to tap customers |
| 01:24 Nov 17,2011 |
| Rs 143 crore commission paid to group affiliates |
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| Most banks active in MF distribution opt in for transaction charges |
| 05:49 Nov 03,2011 |
| Only 12 banks out of a total of 69 KYD compliant banks have opted in for the transaction charges. But when you look closely, you find that most of the active banks have opted in, says Ravi Samalad |
|
| Yesterday’s winners turn today’s laggards |
| 10:29 Oct 31,2011 |
| Fundsupermart releases an analysis which shows that funds find it difficult to retain their top rankings |
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| 4 AMCs account for 53% of equity AUM |
| 09:12 Oct 31,2011 |
| The remaining 38 fund houses manage 47% of industry’s Rs 1.62 lakh crore equity assets |
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| AMCs tie-up with IFAs for investor awareness campaign |
| 10:16 Oct 25,2011 |
| New marketing techniques adopted by IFAs for expanding their clientele |
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| Life insurance companies on a recovery path |
| 09:39 Oct 17,2011 |
| The business figures have slowly started improving for this sector |
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| Tax saving bonds now open for subscription |
| 10:41 Oct 14,2011 |
| IFAs can recommend PFC bonds to investors looking for steady income with tax advantages and safety of capital. |
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| Debt schemes add 3.83 lakh folios |
| 09:13 Oct 13,2011 |
| Gold ETFs add more than one lakh folios as the rush of new gold funds continue |
|
| ICICI Prudential Banking and PSU Debt Fund exit load revised |
| 11:57 Oct 11,2011 |
| 0.50% exit load to apply on redemptions before March 12, 2012 |
|
| Sensex and Nifty witness sharp crash. What should you do? |
| 09:23 Sep 22,2011 |
| Sensex saw its biggest one-day slide in 26 months. However, experts suggest investors to maintain their investments in equities |
|
| SEBI re-constitutes Advisory Committee on Mutual Funds |
| 10:36 Sep 22,2011 |
| The committee looks into matters relating to investor protection, industry development and simplification of the regulations |
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| Capital protection funds flood the MF market |
| 04:43 Sep 20,2011 |
| AMCs looking at launching capital protection oriented funds |
|
| ICICI Prudential launches Regular Gold Saving Fund |
| 04:05 Sep 20,2011 |
| ICICI Prudential Mutual Fund has launched an open ended fund of fund scheme called ICICI Prudential Regular Gold Saving Fund |
|
| ICICI Prudential Life launches new ULIPs |
| 05:24 Sep 14,2011 |
| ICICI Prudential Life claims that these ULIP products have been designed to provide the best-in-class value along with multiple investment strategies. |
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| AMCs simplify scheme names to connect with investors |
| 09:47 Aug 21,2011 |
| 18 schemes are set to be renamed by 12 different fund houses so that the scheme’s name truly reflects the fund’s investment mandate. |
|
| Scheme mergers on the rise as fund houses seek to consolidate product portfolios |
| 10:26 Aug 15,2011 |
| Product line ups getting leaner as fund houses merge schemes, often merging schemes that have different investment mandates |
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| ICICI Prudential revises exit load in two schemes |
| 02:36 Aug 10,2011 |
| 2% exit load will be applicable on redemptions within 15 months as against the earlier 1 year period under Regular Savings Fund; exit load waived under Long Term Plan |
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| Markets hit badly; what should you tell your investors? |
| 03:14 Aug 05,2011 |
| As Sensex and Nifty hit 13 month low of 16,990.91 and 5,116.45 following global uncertainties, Cafemutual spoke to MF experts to find out how this will impact the markets and what you should be telling your investors. Read on... |
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| ICICI Prudential launches Multiple Yield Fund – Plan C |
| 03:52 Jul 28,2011 |
| The NFO will be open from July 29, 2011 to August 12, 2011 |
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| ICICI MF changes benchmark index |
| 09:42 Jul 20,2011 |
| ICICI Prudential Mutual Fund changes benchmark Indices for various schemes |
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| ICICI Prudential launches Capital Protection Oriented Fund – Series II |
| 11:41 Jul 15,2011 |
| The NFO will be open from July 14, 2011 to July 28, 2011 |
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| ICICI Prudential Short Term Plan exit load increased |
| 01:53 Jul 05,2011 |
| ICICI Prudential Mutual Fund increases exit load in Short Term Plan to 0.50% from 0.25% |
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| MF industry grows 6% in April - June 2011 |
| 04:00 Jul 04,2011 |
| Industry AUM goes up despite a fall in markets in the first quarter of 2011-12 |
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| ICICI Prudential launches Capital Protection Oriented Fund – Series III |
| 02:15 Jun 30,2011 |
| The NFO will be open from July 1, 2011 to July 15, 2011 |
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| More fund houses to allow investments via debit cards |
| 11:22 Jun 28,2011 |
| UTI MF, Quantum MF, Sundaram among players planning to facilitate investments through visa enabled debit cards |
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| Insurers having 10 years of experience will be allowed for listing, says IRDA |
| 03:11 Jun 23,2011 |
| So far, among the 24 players, only ICICI Prudential life, HDFC Standard Life and SBI Life fulfill the criteria |
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| ICICI Prudential files for Regular Gold Saving Fund |
| 02:27 Jun 23,2011 |
| ICICI Prudential MF has filed an offer document with SEBI for launching Regular Gold Saving Fund |
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| Health insurance portability scheme needs consistency and standardization, believe insurers |
| 04:14 Jun 17,2011 |
| The insurers will meet IRDA officials for discussing changes in the portability scheme |
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| ICICI Prudential Mutual Fund increases exit load in Ultra Short Term Fund |
| 04:00 Jun 16,2011 |
| ICICI Prudential revises its Ultra Short Term Fund exit load and minimum subscription amount |
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| ICICI Prudential launches Multiple Yield Fund – Plan B |
| 04:11 Jun 10,2011 |
| The NFO will be open from June 15, 2011 to June 29, 2011 |
|
| Investor awareness campaign evokes mixed response from AMCs and distributors |
| 05:27 Jun 08,2011 |
| Investor awareness campaigns by AMCs have proved beneficial for investors, say AMCs; distributors are not too enthused |
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| IFAs shun ‘structured products’ |
| 06:06 Jun 08,2011 |
| Structure products are back in the market under various labels names; IFAs skeptical about such products |
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| 20 percent jump in general insurance premium collections in April |
| 01:20 Jun 01,2011 |
| The non-life insurance segment proves to be a better performer than life insurance |
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| Contra funds drift away from their investment objectives: Morningstar |
| 06:49 Jun 01,2011 |
| These funds have more or less the same exposure to sectors which equity diversified schemes have. Moreover they are underperforming, says a Morningstar study |
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| No exit load in ICICI Prudential scheme |
| 11:33 May 31,2011 |
| ICICI Prudential Mutual Fund has waived exit load under ICICI Prudential Gilt Fund Treasury Plan |
|
| ICICI Prudential launches Capital Protection Oriented Fund – Series I |
| 05:04 May 30,2011 |
| The close ended scheme opens for subscription on June 3 |
|
| ICICI Prudential MF revises exit load in three schemes |
| 10:11 May 11,2011 |
| ICICI Prudential MF changes exit load periods under Blended Plan- Plan B, Long Term Floating Rate Plan and Medium Term Fund |
|
| Axis Mutual Fund on an ETF spree |
| 05:44 May 09,2011 |
| The fund house has filed four offer documents with SEBI to launch ETFs linked to banking, metal, FMCG and energy |
|
| Dip or rise in SIP investments? |
| 06:14 May 03,2011 |
| A few AMCs see the number of SIP investments going down while others observe the opposite |
|
| ICICI Prudential Life clocks Rs 808 crore net profit in FY 11 |
| 10:32 May 02,2011 |
| Total assets under management rose 19% to Rs 68,150 crore in FY11 compared to Rs 57,319 crore in FY10 |
|
| ICICI Prudential Short Term Plan exit load reduced |
| 10:59 May 02,2011 |
| ICICI Prudential Mutual Fund reduces exit load in Short Term Plan to 0.25% from 0.50% |
|
| MIPs loose sheen as FMPs turn attractive |
| 06:15 Apr 29,2011 |
| Fund houses witness redemption due to tepid performance by MIPs |
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| HDFC, SBI, ICICI and Max collect higher first year premium |
| 05:31 Apr 27,2011 |
| Birla Sun Life, MetLife reported decline in sales of new life insurance policies |
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| Bank & FMCG funds outshine diversified funds in FY11 |
| 11:58 Apr 21,2011 |
| Large cap and diversified schemes lag behind in FY11, high exposure to mid cap stocks by ELSS put them in a spot |
|
| ICICI Prudential merger of schemes |
| 10:32 Apr 12,2011 |
| ICICI Prudential Mutual Fund announces merger; three schemes to merge in ICICI Prudential Dynamic Plan |
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| ICICI Prudential introduces exit load in Top 100 Fund |
| 11:55 Apr 11,2011 |
| ICICI Prudential Mutual Fund starts charging exit load in Top 100 Fund |
|
| ICICI Prudential MF renames two schemes |
| 02:16 Apr 05,2011 |
| ICICI Prudential MF has renamed two schemes - ICICI Prudential Growth Plan and ICICI Prudential Power Fund |
|
| Insurers chase HNI and NRI clients |
| 06:21 Apr 01,2011 |
| Insurance companies are in the race to launch insurance products catering to HNI and NRI clients through health and life insurance product |
|
| AMC gets innovative to engage the IFAs |
| 05:18 Mar 28,2011 |
| ICICI Prudential AMC arranged a cricket tournament for IFAs in Chennai |
|
| ICICI Prudential Ultra Short Term Plan exit load reduced |
| 12:00 Mar 24,2011 |
| ICICI Prudential Mutual Fund reduces exit load in Ultra Short Term Plan |
|
| New business premium of private insurers declined by 11 % in February 2011 |
| 09:18 Mar 21,2011 |
| First year premium of public sector insurer LIC witnessed positive growth of 13 per cent compared to negative growth of 11 per cent by 22 private insurers |
|
| Private non-life insurers grow faster than public sector insurers in premium collection |
| 11:24 Mar 21,2011 |
| Gross premium collection of general insurance industry grew 22% with private players advancing by 26% and public sector insurers rising by 19% |
|
| Short term and regular saving plans look more attractive |
| 06:29 Mar 18,2011 |
| One year investment horizon in debt funds will help to lock in good returns says Chaitanya Pande - Head Fixed Income, ICICI Prudential MF |
|
| ICICI Prudential MF names new fund manager for Banking and Financial Service Fund |
| 02:36 Mar 16,2011 |
| ICICI Prudential Mutual Fund has changed fund manager for ICICI Prudential Banking and Financial Service Fund |
|
| Private non-life insurers posted strong growth in January 2011 compared to public sector |
| 09:53 Mar 08,2011 |
| The business premium of the non-life insurers grew 23 percent with total premium collection at Rs. 3,692 crore |
|
| Nilesh Shah to join Axis Bank |
| 08:28 Mar 04,2011 |
| Nilesh Shah is set to join Axis Bank |
|
| Berkshire to proceed with its insurance business as a corporate agent of Bajaj Allianz |
| 11:54 Mar 03,2011 |
| Berkshire India Limited received an IRDA approval to distribute general insurance products |
|
| First year premium of life insurers grew 6.5 per cent in January 2011 |
| 06:18 Mar 01,2011 |
| LIC’s new business premium grew 37 per cent compared 6 per cent growth witnessed by private sector |
|
| PFC infra bonds offer 8.30% & 8.50% |
| 07:00 Feb 23,2011 |
| The public issue of tax-saving infrastructure bonds by Power Finance Corporation opened on Thursday; PFC is offering 8.30 per cent on 10-year bonds and 8.50 per cent on 15-year bonds. |
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| ICICI Prudential Dynamic Plan pays dividend |
| 03:09 Feb 23,2011 |
| ICICI Prudential Mutual Fund has decided to pay dividend to investors in Dynamic Plan |
|
| ICICI Prudential Fusion Fund is now open ended |
| 01:20 Feb 21,2011 |
| ICICI Prudential MF converts ICICI Prudential Fusion Fund into open ended diversified scheme |
|
| ICICI Prudential Fusion Fund – Series III is now open ended |
| 01:58 Feb 17,2011 |
| ICICI Prudential MF converts ICICI Prudential Fusion Fund – Series III into open ended scheme |
|
| ICICI Prudential MF declares dividend |
| 10:32 Feb 16,2011 |
| ICICI Prudential Mutual Fund to pay dividend to investors in Tax Plan |
|
| It's HDFC again at Morningstar Awards! |
| 04:07 Feb 11,2011 |
| HDFC won the best multi-asset and best equity fund house awards at the Morningstar funds awards show held in Mumbai |
|
| Health cover portability cleared |
| 10:19 Feb 11,2011 |
| Insurance regulator development authority (IRDA) on Thursday gave its go ahead to introduce health insurance portability from 1st July 2011 |
|
| L&T Infrastructure floats tax saving bonds |
| 07:03 Feb 07,2011 |
| L&T Infrastructure Finance announced the public issue of its Long Term Infrastructure Bonds 2011 A –Series |
|
| It’s raining commissions on ELSS |
| 10:56 Jan 29,2011 |
| Mutual funds are offering high upfront commission to distributors for getting investments in ELSS products |
|
| IDFC infra bond issue open |
| 02:13 Jan 19,2011 |
| IDFC is offering 8 per cent interest on the tax-free bonds with the option to receive interest annually or cumulatively |
|
| ICICI Prudential MF revises exit load in Ultra Short Term Fund |
| 11:20 Jan 07,2011 |
| ICICI Prudential Mutual revises exit load in Ultra Short Term Fund |
|
| SEBI takes up investor complaints |
| 01:04 Dec 20,2010 |
| SEBI met MF CEOs last week to discuss investor complaints. AMFI has set up a committee to look into the issue |
|
| Nilesh Shah quits ICICI Pru MF |
| 08:59 Dec 15,2010 |
| Nilesh Shah’s last day will be in February, according to media reports. His future plans are not yet known |
|
| ICICI Prudential MF introduces ICICI Prudential Fixed Maturity Plan-Series 53-One Year Plan D |
| 11:42 Dec 10,2010 |
| ICICI Prudential MF has launched a close-ended debt fund called ICICI Prudential Fixed Maturity Plan |
|
| Investor awareness overdrive |
| 04:50 Dec 06,2010 |
| UTI MF is following up with “India Invest Karo” campaign after its earlier drive “Swatantra” reached out to 15 lakh people. |
|
| 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 |
|
| 9 Indian funds among world’s 100 best performing funds in 2012: Lipper |
| 12:11 Jan 21,2013 |
| 5 of these are banking sector funds. |
|
| Global funds yet to catch advisors fancy – Part II |
| 08:17 Jan 20,2013 |
| Currency risk, tax treatment and India’s outperformance vis-à-vis overseas markets have remained the key detriment to the growth of global funds. |
|
| Market Outlook 2012 ICICI |
| 10:20 Jan 09,2012 |
| While 2011’s uncertainties look to be rippling into 2012, 2012 will not be like 2011. |
|
| The next big investment opportunity could be in Africa: Prashant Kothari |
| 02:53 May 27,2011 |
| Objective thinking, good judgment and emotional stability are the key to a successful career in investments, believes ICICI MF Fund Manager Prashant Kothari |
|
| Micro SIPs in vogue? |
| 03:44 Apr 09,2011 |
| Mutual funds are allowing SIPs with amounts as low as Rs. 50 in a bid to reach out to masses and shore up their assets under management |
|
| A day in a life of a CIO - Sankaran Naren |
| 02:32 Mar 23,2011 |
| A typical day in the life of one of the best regarded CIOs, Sankaran Naren, Chief Investment Officer - Equities of ICICI Pru MF |
|
| Public sector MF assets fall sharply |
| 10:49 Feb 09,2011 |
| Public sector MFs have a little over 20 per cent market share but they accounted for 72 per cent of the fall in the industry AUM in the nine months ended Dec 31, 2010 |
|
| MF assets shrink 5.31% in Oct-Dec |
| 05:21 Jan 04,2011 |
| The average AUM of mutual funds is down 19 per cent from the peak of Rs 8, 03,559 crore in May 2010 |
|
| MFs banking on banks |
| 05:45 Dec 31,2010 |
| The concentration risk notwithstanding, mutual funds still have room for increasing their exposure to banks |
|
| Tiny schemes left in the lurch |
| 06:06 Dec 28,2010 |
| 14 schemes have AUM of less than Rs 1 crore |
|
| Private sector has 80% share |
| 03:08 Nov 23,2010 |
| Private sector dislodges public sector; Most public sector funds have withered |
|
| Int’l funds fail to take off |
| 06:27 Nov 16,2010 |
| International funds have not been able to excite the Indian investors. Why? |
|
| Only empowered advisors can empower consumers: Rajiv Bajaj |
| 02:38 Jan 18,2013 |
| Rajiv Bajaj, Sundeep Sikka, Anup Bagchi, Suresh Mahalingam and Pankaj Mathpal shared their views at the FPSB Financial Planning Congress on the topic ‘Aiding Business Progression through ‘Consumer Empowerment’. Edited excerpts… |
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| What to tell your prospective clients before onboarding them? |
| 06:39 Oct 30,2012 |
| A quick guide to help you make the right connection and build the right chemistry with your prospective clients. |
|
| The Best Advice I Ever Got - II |
| 09:58 Aug 23,2012 |
| “Overcoming geographic limitations by connecting with clients virtually has shown me the path to expand my clientele around the globe,” says Suresh Mohta, IFA from Kolkata. |
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| My first client: Your clients become your extended family |
| 07:48 Jun 13,2012 |
| Over a course of time, advisors become life planners, not mere financial planners, says Mukund Seshadri of MS Ventures Financial Planners.
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