MF News

Karvy’s new initiative for MF distributors to comply with GST norms
Karvy Computershare has launched web based GST Invoice Management Solution for mutual fund distributors.
by Nishant Patnaik 2 hours ago
Your NISM mark sheet is no longer required to renew ARN
AMFI has discontinued the practice of accepting NISM mark sheet to remove the discrepancy in the date of renewal of ARN.
by Nishant Patnaik Aug 21, 2017
SIPs helped mutual fund industry expand its footprint in B15 cities
While Nagpur enters the T15 cities, emerging cities like Ranchi, Guwahati, Rajkot and Coimbatore saw healthy growth in their AUM.
by Padmaja Choudhury Aug 21, 2017
MF average AUM crosses Rs.20 lakh crore in July
The average assets under management of the MF industry is at Rs.20.42 lakh crore in July 2017.
by Team Cafemutual Aug 19, 2017
NS Venkatesh to take charge as the new AMFI CEO
Venkatesh succeeds CVR Rajendran.
by Nishant Patnaik Aug 18, 2017
Axis MF’s platform ‘Shubhchintak’ onboards over 2500 IFAs
The fund house has added features such as online transactions across fund houses, robust CRM and client engagement tools.
by Nishant Patnaik Aug 17, 2017
Investors prefer mutual funds and FDs over other investment options: Bajaj Allianz Life Insurance
45% of the total respondents preferred mutual funds, 40% fixed deposits.
by Team Cafemutual Aug 17, 2017
IIFL AMC buys minority stake in Reliance Nippon Life AMC through its PE fund
IIFL Special Opportunities Fund picks up 2.59% stake in Reliance Nippon Life Asset Management at $60 million.
by Team Cafemutual Aug 17, 2017
NPS AUM inches closer to Rs. 2 lakh crore: PFRDA
The total subscriber base has increased to 1.66 crore.
by Rosevina Gonsalves Aug 16, 2017
SEBI Chief to meet MF officials on August 24
AMFI to hold its AGM on August 24.
by Nishant Patnaik Aug 16, 2017
Essel Finance gets SEBI approval to acquire Peerless MF
The company has received approval to acquire entire shareholding of the AMC and Trust.
by Padmaja Choudhury Aug 11, 2017
New SIP registrations in B15 cities increases by 47% from Jan to Jun
The number of new registration stood at 3.5 lakh, an increase of more than a lakh from January.
by Team Cafemutual Aug 11, 2017
Motilal Oswal Securities launches its robo advisory platform
The platform offers dynamic SIP facility in which SIP amount changes every month depending on the market conditions.
by Team Cafemutual Aug 11, 2017
Aadhaar may soon become compulsory for MF investments
If SEBI makes Aadhaar mandatory, experts say that it will have a positive impact on the mutual industry.
by Padmaja Choudhury Aug 10, 2017
Yes, you can retire early and have fun!
Recommend SIPs in mutual funds to help your clients plan for retirement.
by Birla Sun Life Advertorial Aug 9, 2017