Aadhaar mandatory for mutual fund investments from January 1, 2018: AMFI
AMFI has directed fund houses to ensure Aadhaar linking of existing folios before December 31, 2017 to avoid account freezing.
by Nishant Patnaik Oct 25, 2017
NS Venkatesh is the new AMFI CEO
Venkatesh was Executive Director at Lakshmi Vilas Bank.
by Team Cafemutual Oct 25, 2017
Retail share in balanced funds falls to 34%
The share of HNIs in this category has gone up from 47% to 52% in September 2017.
by Padmaja Choudhury Oct 24, 2017
Union MF partners with Japan’s Dai-Ichi Life Insurance
The global life insurer will have 39.62% equity stake in Union Mutual Fund.
by Rosevina Gonsalves Oct 23, 2017
19% assets of the top 10 fund houses is in B15 locations
The B15 assets from the top ten fund houses stood at Rs.3.16 lakh crore in September.
by Padmaja Choudhury Oct 23, 2017
86% of individual assets brought in by distributors
Of Rs.10.40 lakh crore of individual assets – both retail and HNIs, distributors brought close to Rs.9 lakh crore shows latest AMFI data.
by Team Cafemutual Oct 23, 2017
Profits of the top nine AMC increase by 21% in FY2016-2017
PAT of the top 9 fund houses stood at Rs.2,351 crore last fiscal.
by Padmaja Choudhury Oct 23, 2017
How to determine if the market is overvalued?
An important parameter to determine this is the ‘Market capitalisation to GDP’ ratio.
by Rosevina Gonsalves Oct 20, 2017
84% of equity assets are held by individual investors
Of the total Rs. 5.88 lakh crore equity assets, individual investors held Rs.4.93 lakh crore in equity funds as on September 2017.
by Team Cafemutual Oct 20, 2017
HDFC MF has the highest retail AUM
Fund houses such as DSP BlackRock, Kotak Mahindra and Aditya Birla Sun Life recorded highest growth in retail AUM in terms of percentage from September 2016 to September 2017.
by Padmaja Choudhury Oct 20, 2017
26% of equity inflows in the last six months was in arbitrage funds
Of the total equity inflows of Rs.76,000 crore in April-September 2017, close to Rs.19,600 crore was in arbitrage funds.
by Team Cafemutual Oct 18, 2017
‘Indian MF industry is the most transparent’
A Morningstar report found that India was the only country that disclosed fund manager’s remuneration.
by Rosevina Gonsalves Oct 17, 2017
‘Incremental investments should come from SIP/STP not lump sum’
We caught up with Swati Kulkarni, EVP and Fund Manager, UTI MF who has been managing India’s first market linked diversified equity fund UTI Mastershare Unit. The fund has recently turned 31.
by Nishant Patnaik Oct 17, 2017
Life insurance industry collects Rs.92,000 crore in just six months
The new business premium of life insurers grew by 20% in April-September 2017 while that of LIC grew at 24%.
by Team Cafemutual Oct 14, 2017
Maharashtra holds 37% of total equity AUM
The state has equity assets of Rs.3.17 lakh crore as on September 2017.
by Rosevina Gonsalves Oct 14, 2017
