Equity funds will be now taxed at 10% after one year
The Union Finance Minister has proposed to impose long term capital gains tax on equity funds.
by Nishant Patnaik Feb 1, 2018
India to become the fourth wealthiest country in the world by 2027: Report
Strong growth in financial services, IT, business process outsourcing, real estate, healthcare and media sectors will lead India’s growth.
by Team Cafemutual Feb 1, 2018
46% retail equity AUM stays invested for more than 2 years
Though the proportion of retail equity AUM that remains invested for over 2 years has declined from 53% to 46%, it has grown by almost 50% in absolute terms due to increase in the overall AUM.
by Team Cafemutual Feb 1, 2018
Kotak Mutual Fund launches an equity fund using put option
The NFO opens for subscription on January 29, 2018 and closes on February 12, 2018.
by Team Cafemutual Jan 31, 2018
No tax incidence on switching between growth and dividend options: AMFI requests FM
Here are some key proposals that AMFI has recommended finance minister for the mutual fund industry.
by Team Cafemutual Jan 31, 2018
Now an IPO focussed mutual fund
Edelweiss MF to launch a scheme focussed on IPOs called Edelweiss Maiden Opportunities Fund – Series 1.
by Padmaja Choudhury Jan 30, 2018
MF industry adds 14,450 new individual distributors in 2017
The total number of individual ARN holders was 82,476 as on December 2017.
by Padmaja Choudhury Jan 30, 2018
L&T MF launches small cap focussed equity fund
The fund house believes that small cap stocks are still available at reasonable valuation.
by Team Cafemutual Jan 30, 2018
Small finance bank Equitas forays into online distribution
The bank has collaborated with Valuefy Solutions to provide digital wealth management solutions.
by Team Cafemutual Jan 29, 2018
More than half the IFAs are from B15 cities
Experts attribute this to a growing demand for mutual funds and higher incentives to distributors.
by Team Cafemutual Jan 29, 2018
Now your clients can SIP daily with Rs.300
LIC MF’s new facility will enable clients to execute transaction in mutual funds through SIPs on a daily basis.
by Team Cafemutual Jan 26, 2018
RIAs should be allowed to provide distribution services: AMFI
Not allowing RIAs an opportunity to offer execution services may lead to many investors being orphaned, cautioned AMFI.
by Nishant Patnaik Jan 26, 2018
‘Market corrections may reverse equity fund inflows’
Ajay Tyagi, Fund Manager – Equity, UTI Mutual Fund, believes that investors are chasing equity for its performance. We have seen this trend earlier.
by Team Cafemutual Jan 25, 2018