MF News

Remember that application forms with missing or invalid pincode are considered as T30 transactions.

MFDs empaneled with IDFC MF can nominate a successor to attend the training program through their relationship manager.

After having worked for more than a decade with top fund houses, Sunil Tukaram Dalvi left his lucrative job and started his MF distribution business from a nearby public garden.

Hitesh Mali Founder, equitywala.com talks about his training program ‘The Next Big Thing’ which has benefitted over 340 MFDs across the country.

SEBI has appointed BSE Administration and Supervision Limited (RIA) to supervise the activities of RIAs.

Delhi MFD Sunil Diddee served the Indian Army for more than two decades and was part of Kargil war and served at Siachen Glacier. He now runs a successful distribution business.

Despite 90% disability of lower limbs, Kakinada, Andhra Pradesh MFD Suda Bhanu Prasad has set up a successful advisory business.

The market regulator has imposed fine of over Rs.21 crore on directors, CEO, fund managers and entities for alleged violation of norms during closure of six debt schemes in 2020.

The AMC’s trustees have also been penalized in cases related to winding up of six debt schemes.

The passive space has evolved a great deal in India. There is enough variety to build a diverse portfolio through ETFs and index funds. Let’s see how.

There’s no looking back for Rishabh Adukia who went on a spree and acquired CA, CS, LLB, CFP and MBA-finance.

Currently, MFDs have to submit a physical nomination form at fund house level. There is no centralized and online system to make a nomination against ARN.

The proportion of retail debt assets that stays invested for more than 2 years has declined in the last one year.

George Mitra, CEO and Co-founder, Fintso believes that robo advisory model does not work. He feels that investors need handholding to invest their hard-earned money and MFDs can cater to their evolving needs with the help of artificial intelligence and machine learning.

71-year-old Ramesh B Popat continues to cater to his clients.