FIFA urges IFA representation in SEBI MFAC
Arundhati Bhattacharya, Chairperson, SEBI MFAC, said she would request the market regulator to consider inducting a representative of IFA community.
by Nishant Patnaik Feb 17, 2018
MF distribution firm Quant Capital buys out Escorts Mutual Fund
Escorts Mutual Fund has an AUM of Rs.245 crore as on December 2017.
by Nishant Patnaik Feb 16, 2018
Do not use the word ‘opportunities’ in large and multi cap scheme: SEBI
The market regulator is said to have communicated to fund houses not to use the word ‘opportunities’ in their large cap and multicap funds.
by Nishant Patnaik Feb 16, 2018
AUM in T30 cities increase by 27%
The total AUM from T30 cities stood at Rs.18.75 lakh crore, as on December 2017, which accounts for 88.16% of the total MF AUM.
by Padmaja Choudhury Feb 15, 2018
Answers to why mutual fund penetration is low
A study to gauge the awareness of investors on mutual fund uses a behavioural science lens to understand the reasons why the Indian investor has a sub-optimal engagement with MFs.
by Nishant Patnaik Feb 14, 2018
Direct plan investors eventually come back to advisors: FIFA - Final Mile study
The study finds that many investors prefer compensating their advisors through embedded products.
by Nishant Patnaik Feb 14, 2018
‘Indian markets are overvalued compared to other emerging markets’
John Praveen, Managing Director, Chief Investment Strategist - Pramerica International Investments, talks to Cafemutual about India and shares his outlook on global markets.
by Nishant Patnaik Feb 13, 2018
Mumbaikars are the 12th wealthiest in the world
In terms of billionaire population, India ranks 3rd, after USA and China
by Team Cafemutual Feb 13, 2018
Here’s how you can check Aadhaar linking status of your clients
CAMS and Karvy have introduced a service through which distributors can check if clients have linked their Aadhaar number with mutual fund folios.
by Nishant Patnaik Feb 10, 2018
Demand for private equity and debt funds on the rise
AUM of private equity and debt funds has doubled over last one year.
by Padmaja Choudhury Feb 10, 2018
70% of equity AUM of top 15 MFs come from non-associate distributors
Non-associate distributors of top 15 fund houses contributed Rs.6.25 lakh crore of total equity assets, as on December 2017.
by Padmaja Choudhury Feb 10, 2018
You have to take separate cheques from clients post SBI merger
Distributors will have to ensure that they submit a separate cheque from clients holding accounts with an SBI subsidiary bank, before March 31, 2018.
by Nishant Patnaik Feb 9, 2018
Now your clients can send money to their immediate family through SWP
Investors can make regular payouts from their own mutual fund investments to meet the needs of their immediate family through SBI MF’s Bandhan SWP.
by Team Cafemutual Feb 9, 2018
