SUBSCRIBE NEWSLETTER

MF News

No hiccups in transitioning to GST
Many advisors have upgraded their systems and processes to comply with GST norms.
by Daya Ragunathan Jul 5, 2017
Industry AUM up 7% in last quarter, most AMCs register growth
While Kotak Mahindra MF crosses milestone AUM of Rs1 lakh crore, Axis MF overtakes IDFC MF to become the 10th largest fund house.
by Nishant Patnaik Jul 4, 2017
‘MF industry needs 20 lakh distributors to grow’
Industry needs at least tenfold increase in distributors to increase penetration and broaden the customer base.
by Padmaja Choudhury Jul 3, 2017
Ajit Menon quits Tata Mutual Fund
He is likely to join a private sector fund house.
by Nishant Patnaik Jul 3, 2017
Commissions of top 20 mutual fund distributors go up by 43 per cent
The top 20 mutual fund distributors garner close to Rs3,100 crore as commission in FY 2016-17.
by Nishant Patnaik Jul 3, 2017
MF industry adds 10,000 new distributors in FY 2016-17
The number of distributors shot up to 85,918 last fiscal.
by Padmaja Choudhury Jul 3, 2017
Retail participation in debt funds increasing
Retail AUM in debt funds grew from Rs9,000 crore to Rs.75,000 crore.
by Padmaja Choudhury Jun 30, 2017
IAP corpus is not CSR, use it intelligently, SEBI tells AMCs
Of the Rs175 crore IAP corpus, AMFI has spent only Rs28 crore so far.
by Nishant Patnaik Jun 30, 2017
MF industry AUM to touch Rs95 lakh crore by 2025
Even if the industry grows at the current rate, it will easily achieve this magical number, says A. Balasubramanian, Chairman, AMFI, and CEO, Birla SunLife Mutual Fund.
by Nishant Patnaik Jun 29, 2017
SEBI is open to receive ideas from distributors on consultation paper on RIA
Ajay Tyagi, Chairman, SEBI, said the market regulator is open to receive suggestions from all stakeholders/AMCs, distributors and investors.
by Nishant Patnaik Jun 29, 2017
Thank you distributors, says Anil Ambani
Anil Ambani, Chairman, Reliance Group attributes the tremendous growth of the mutual fund industry to the untiring efforts of distributors.
by Nishant Patnaik Jun 29, 2017
AMFI introduces online ARN registration and renewal for distributors
Online facility will expedite the renewal process.
by Nishant Patnaik Jun 29, 2017
SBI Mutual Fund completes 30 years today
The fund house says that strong distribution network has helped them grow over this period.
by Team Cafemutual Jun 29, 2017
AMFI clarified that AMCs will deduct GST from commission from July 1
AMCs will deduct GST from commission of distributors without GST registration.
by Nishant Patnaik Jun 29, 2017
Where do HNIs put money at market peak?
The AUM of balanced funds under HNI category grew 166% in a year.
by Padmaja Choudhury Jun 27, 2017