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MF News

SEBI finds irregularities in fund houses practices
The market regulator has asked fund houses to take corrective actions to check these irregularities.
by Nishant Patnaik Jul 24, 2018
Samco Securities and Equity Intelligence India to foray into MF business
While Samco Securities is an online discount brokerage firm, Equity Intelligence India runs PMS and AIF business.
by Nishant Patnaik Jul 23, 2018
Wealth managers manage just 4% of HNIs wealth
Of the total US$3.90 trillion of assets held by HNIs in India, wealth managers which include private banks, family offices and local family offices manage close to US$156 billion i.e. 4% of total HNIs wealth.
by Shreeta Rege Jul 23, 2018
Gopal Agrawal joins DSP BlackRock MF as Senior Fund Manager
Agrawal was the CIO of Tata Mutual Fund.
by Team Cafemutual Jul 23, 2018
Of every Rs.10 of retail AUM, Rs.9 is through distributors
AMFI data shows that 90% of retail AUM was in regular plans.
by Nishant Patnaik Jul 23, 2018
‘We will be a Rs.50 lakh crore industry within five years’
Continuing with our series ‘A quick view from the top’, we talk to Manish Mehta, National Head – Sales & Distribution Alliance, Kotak Mutual Fund about his life learnings and experiences.
by Team Cafemutual Jul 20, 2018
Edelweiss Finance NCDs offer up to 2.05% commission
The issue will open for subscription on July 24 and close on August 16, 2018.
by Team Cafemutual Jul 19, 2018
MFs are now 21% of bank deposits
In spite of their rapid growth in recent times, the Indian MF industry has a lot of catching up to do with its global peers.
by Shreeta Rege Jul 19, 2018
‘Five growth drivers for the MF industry’
Structural changes in the last few years support long-term industry growth, says Milind Barve, MD, HDFC AMC.
by Shreeta Rege Jul 18, 2018
HDFC AMC to launch its IPO on July 25
The IPO offer to open on July 25, 2018 and close on July 27, 2018.
by Team Cafemutual Jul 18, 2018
12,500 IFAs are on BSE Star MF platform
The platform claims to have 26% of new SIP accounts.
by Nishant Patnaik Jul 18, 2018
AMFI may approach SEBI to relax norms regulating the new cadre of distributors
AMFI wants new cadre of distributors to be allowed to sell more product categories such as ELSS, balanced funds and equity savings funds.
by Nishant Patnaik Jul 17, 2018
SIP inflows reach all time high in June
MF industry reaches an all-time high average AUM at Rs.23.57 lakh crore.
by Shreeta Rege Jul 16, 2018
‘Be your own role model’
In the second article in the series of ‘A quick view from the top’, we spoke to Jimmy Patel, CEO, Quantum Mutual Fund to understand his professional journey and learnings throughout his career.
by Team Cafemutual Jul 16, 2018
GST relief to distributors earning less than Rs.20 lakh until September 2018
CBIC has deferred implementation of reverse charge mechanism (RCM) until September 30, 2018.
by Nishant Patnaik Jul 16, 2018