PFRDA relaxes partial withdrawal norms in NPS
Subscribers who have contributed for at least 3 years can now withdraw 25% of the accumulated corpus.
by Team Cafemutual Jan 15, 2018
Maharashtra contributes 37% equity MF AUM
The state has equity assets of Rs.3.64 lakh crore as on December 2017.
by Padmaja Choudhury Jan 15, 2018
Average AUM reaches Rs.22.61 lakh crore in December
The average AUM increased from Rs.21.45 lakh crore in September 2017 to Rs.22.61 lakh crore in December, a growth of 5.4% in a quarter.
by Team Cafemutual Jan 13, 2018
SEBI wants fund houses to do away with the word ‘Prudence’ from balanced funds
The market regulator is said to have communicated to fund houses not to use the word ‘prudence’ in their balanced funds.
by Nishant Patnaik Jan 13, 2018
‘MF industry has to develop new strategies to generate alpha’
A few strategies that fund managers can deploy include long only, long and short calls and leveraging, says Nilesh Shah, MD, Kotak MF.
by Padmaja Choudhury Jan 12, 2018
Mirae Asset to foray into AIF business
To start with, the company will launch its private debt funds.
by Team Cafemutual Jan 12, 2018
Now NPS distribution is more rewarding for you
The regulator has increased the on-boarding fee of the retirement advisors (RA) to Rs.200 from Rs.120.
by Padmaja Choudhury Jan 11, 2018
Paytm to distribute direct plans of mutual funds
While the company has received corporate agency license from IRDAI to distribute insurance policies, it is awaiting SEBI’s go ahead to give advice on mutual funds as RIA.
by Nishant Patnaik Jan 11, 2018
Prathit Bhobe said to be the next CEO of Tata MF
Prathit currently heads wealth management at ICICI Bank.
by Nishant Patnaik Jan 11, 2018
Your clients can now name their SIPs
Principal MF introduces Super SIP.
by Nishant Patnaik Jan 10, 2018
Equity funds add over 15 lakh folios in December
The total folio count reaches 6.64 crore folios.
by Team Cafemutual Jan 10, 2018
Axis MF launches a digital campaign to promote the ELSS category
‘Khushi ke Aasun’ digital campaign to bring out the message on tax saving and wealth creation.
by Team Cafemutual Jan 10, 2018
What to do if Aadhaar does not link successfully
Your clients will have to ensure that the details appeared on Pan, Aadhaar and mutual fund folios match each other.
by Nishant Patnaik Jan 8, 2018
Mark Mobius of Templeton to retire this month
Mobius is known for his expertise in emerging markets.
by Team Cafemutual Jan 6, 2018
