ICICI Prudential MF seeks SEBI approval to launch ICICI Prudential BHARAT 22 FOF
The fund will enable investors without a demat account to have exposure in Bharat 22 ETF.
by Padmaja Choudhury Apr 5, 2018
Now, you will have to pay GST on ARN renewal as well
AMFI has hiked ARN registration and renewal fee for mutual fund distributors by the extent of GST i.e. 18%.
by Nishant Patnaik Apr 5, 2018
Top 10 AMCs boast 81% market share
ICICI Prudential MF and HDFC MF have crossed the Rs.3 lakh crore milestone as on March 2018.
by Nishant Patnaik Apr 5, 2018
MF industry adds 32 lakh new investors after ‘Mutual Fund Sahi Hai’ campaign
AMFI has launched the second phase of ‘Mutual Fund Sahi Hai’ campaign today.
by Team Cafemutual Apr 5, 2018
Nitin Rao in the new CEO of Reliance Wealth Management
Rao had worked with HDFC Bank as Executive Vice President – Private Banking Group and Third Party Product.
by Team Cafemutual Apr 4, 2018
What are you telling your clients about scheme rationalisation?
Many advisors say that they have to wait and see if fundamental changes in the schemes affect portfolios.
by Team Cafemutual Apr 4, 2018
Union AMC appoints Vinay Paharia as the CIO
He was earlier the equity fund manager at Invesco Mutual Fund.
by Team Cafemutual Apr 3, 2018
Karvy Computershare to support distributors complete FY-end GST filing on time
Karvy Computershare has decided to support distributors by providing GST invoices, credit notes, and income statements latest by April 10, keeping in view the financial year end accounts closure requirements.
by Nishant Patnaik Apr 3, 2018
AMCs keen to launch hedge funds
A few AMCs such as HDFC and Reliance are planning to launch hedge funds.
by Padmaja Choudhury Apr 2, 2018
CAMS simplifies LTCG tax calculation for your clients
The enhanced capital gain/loss statement will allow investors to view their consolidated capital gains/losses across all mutual funds that are serviced by CAMS.
by Team Cafemutual Apr 2, 2018
Your clients can complain against AMCs through SEBI Complaints Redress System (SCORES)
Fund houses will have to redress the complaint within 30 days.
by Team Cafemutual Mar 31, 2018
While the overall equity AUM decreased in February, retail AUM in B15 towns increased
The AUM from B-15 towns in the retail segment increased marginally, by Rs.230 crore, to reach Rs.3.24 lakh crore in February.
by Padmaja Choudhury Mar 31, 2018
Inflow in arbitrage funds falls by 88% in February
Net inflows were Rs.799 crore.
by Padmaja Choudhury Mar 30, 2018
Investors open more lump sum folios than SIP accounts
Lump sum folios exceed SIP accounts by 4 lakh plus
by Padmaja Choudhury Mar 30, 2018
