IFAs, NDs create 42% of new SIP accounts in December 2017
Of the over 10 lakh new SIP accounts, individual distributors created 1.93 lakh, which is 18% of the total.
by Padmaja Choudhury Mar 9, 2018
Equity inflows increase, despite fall in industry AUM
Equity funds, including pure equity funds, balanced, ELSS and equity ETFs, close to Rs.22,240 crore in February.
by Padmaja Choudhury Mar 8, 2018
Paytm is now RIA, to sell direct plans
Earlier, the company has received corporate agency license from IRDAI to distribute insurance policies.
by Nishant Patnaik and Padmaja Choudhury Mar 8, 2018
These videos will help you register and renew your ARN
AMFI has released a set of videos to help you understand how to register and renew ARN online.
by Nishant Patnaik Mar 7, 2018
Your GST compliance made easy
CAMS has introduced a new facility for distributors to raise GST invoice and maintain GST compliance.
by Nishant Patnaik Mar 5, 2018
Some financial advisors believe mutual funds score over ULIPs
Mutual funds are cost effective and give higher returns.
by Padmaja Choudhury Mar 3, 2018
PFRDA is considering an auto enrolment system under NPS
All the employees working in government identified sectors and industries in unorganized sector would be automatically covered unless they choose to opt out.
by Team Cafemutual Mar 1, 2018
26 AMCs agree to pay charge to use BSE StAR MF platform
BSE says this will enable StAR MF to provide better services to AMCs and investors by further automation of the process.
by Team Cafemutual Mar 1, 2018
Reliance Nippon MF launches Any Time Mutual Fund facility
Reliance Nippon Life Mutual Fund has introduced a new initiative to facilitate mutual fund investment through ATM like machine called Any Time Mutual Fund (Digital Kiosk).
by Nishant Patnaik Feb 28, 2018
‘60% of ultra HNIs are below 40’
Of the 1.61 lakh ultra HNIs, 96,000 are not yet 40.
by Team Cafemutual Feb 27, 2018
No transaction charge on BSE Sensex 30 stocks
This move will encourage participation of retail investors.
by Team Cafemutual Feb 27, 2018