Equity funds receive record inflows of Rs.31,000 crore in August
Overall, the total AUM of the MF Industry crossed Rs.20 lakh crore milestone for the first time to reach Rs.20.59 lakh crore in August.
by Padmaja Choudhury Sep 8, 2017
LIC MF introduces instant redemption facility in its liquid fund
Investors can redeem 90% of their investments or up to Rs.50,000 through this facility.
by Team Cafemutual Sep 7, 2017
The referral marketing champions
Meet the winners of ‘Principal Business Champions – Winning Ideas’ who shared their secrets on the art of attracting referrals.
by Team Cafemutual Sep 7, 2017
A single license for distributors to sell MFs, insurance and NPS: RBI committee
RBI committee suggests uniform guidelines for advisors across all financial products
by Rosevina Gonsalves and Nishant Patnaik Sep 6, 2017
IDFC MF introduces ‘insta-redemption facility’ in its liquid fund
Your clients can withdraw up to Rs.50,000 from liquid fund under this facility.
by Team Cafemutual Sep 6, 2017
AMFI asks R&T agents to take investors consent before linking Aadhaar to MF folios
AMFI will release a guidance note for R&T agents soon.
by Nishant Patnaik Sep 6, 2017
Scheme mergers in the MF industry pick up
Lack of investment opportunities, small AUM, underperformance of funds, tax-friendly structure are some of the reasons for these mergers.
by Padmaja Choudhury Sep 6, 2017
Liquid funds deliver 2% extra post tax returns than savings bank accounts: ICRA
In fact, the difference of return between savings accounts and liquid funds can go up to 3% pre tax.
by Team Cafemutual Sep 4, 2017
SEBI to come out with uniform definitions for mutual fund schemes
This will push fund houses to de-duplicate their multiple offerings within the same category.
by Nishant Patnaik Sep 2, 2017
The man who conceptualized direct plan in mutual funds in India, Ajit Dayal resigns
Jimmy Patel is the new Managing Director and Chief Executive Officer of Quantum Mutual Fund.
by Team Cafemutual Sep 1, 2017
Kailash Kulkarni is the new Vice Chairman of AMFI
A Balasubramanian continues to be the AMFI Chairman
by Nishant Patnaik Sep 1, 2017
SEBI asks fund houses to benchmark their schemes against Total Return Index
The market regulators believes that this practice will give distributors and investors a true picture of fund performance vis-a-vis its benchmark.
by Nishant Patnaik Aug 31, 2017
‘Total Return Index gives the right picture of the alpha’
Kalpen Parekh, President, DSP BlackRock Mutual Funds talks about the rationale behind benchmarking all their active funds with Total Return Index.
by Nishant Patnaik Aug 29, 2017
Why should your clients look at AIFs now?
AIFs are gaining popularity among HNI investors. In fact, the sector has seen a 117% hike in commitments raised in a year. Read on to find out why your clients too must start looking at AIFs.
by Daya Ragunathan Aug 29, 2017
‘IFAs can get commission of up to 60% of management fee on private equity funds’
Prashasta Seth, CIO, IIFL Asset Management Business talks to Cafemutual on why IFAs should look at distributing AIFs.
by Nishant Patnaik Aug 29, 2017
