MF News

MF distributors can only talk about the MF schemes, nothing else: SEBI
SEBI to float another consultation paper on ‘fee vs commission’ issue.
by Nishant Patnaik Dec 28, 2017
MFs cannot hold more than 10% stake in other AMCs
This will affect UTI MF, which has four stakeholders - SBI, PNB, Bank of Baroda and LIC with their own mutual funds.
by Nishant Patnaik Dec 28, 2017
Increasing exposure of mutual funds in NBFC bonds is a risk: FSAP
Financial Sector Assessment Program (FSAP) raises its concerns over increasing exposure of mutual funds and insurance in bonds issued by NBFC.
by Padmaja Choudhury Dec 27, 2017
SEBI has asked a few fund houses for TER details
This is in the wake of alleged violation of AMFI’s best practices circular on commission.
by Nishant Patnaik Dec 27, 2017
Mutual funds see huge opportunity in Bharat
by Source: ET Dec 26, 2017
Profits from selling a redeveloped house can attract short-term capital gains tax
by Source: Mint Dec 26, 2017
Former SBI Chairman Arundhati Bhattacharya is the new Chairperson of SEBI MF advisory committee
Four new faces from AMCs - Kailash Kularni, CEO, L&T MF, Nilesh Shah, MD Kotak Mahindra MF, Rajnish Narula, CEO, Canara Robeco AMC and Sanjay Sapre, President Franklin Templeton India join the board.
by Nishant Patnaik Dec 26, 2017
Karvy Computershare launches Distributor Initiated Aadhaar Linking facility
The company expects the facility to expedite the Aadhaar linking process, V.Ganesh, CEO, Karvy Computershare.
by Nishant Patnaik Dec 26, 2017
SEBI to take some more time to finalize ‘fee vs commission’ issue
Ajay Tyagi, Chairman, SEBI said that the proposals are under consideration and nothing has been finalised yet.
by Nishant Patnaik Dec 22, 2017
How long is the long-term?
The definition of long-term varies from advisor to advisor. Read on to find out what leading advisors mean by long-term investment.
by Padmaja Choudhury Dec 22, 2017
RBI worried about mis-selling by banks
In FY 2016-17, the Office of Banking Ombudsmans (OBO) handled over 1.36 lakh complaints many of which related to third party sales.
by Padmaja Choudhury Dec 22, 2017
Distributors can initiate SIP in 2 days for their clients in NSE NMFII
NSE NMF II introduces paperless e-mandate facility to reduce the turnover time to start an SIP.
by Team Cafemutual Dec 21, 2017
SEBI to come out with a discussion paper on reduction of expense ratio
SEBI intends to reduce total expense ratio (TER) in mutual funds.
by Nishant Patnaik Dec 21, 2017
SEBI wants uniformity in commission structure of distributors across financial products
The market regulator has approached the government requesting levelling of commission structure across financial products.
by Nishant Patnaik Dec 20, 2017
Pan Card and Aadhaar sufficient for MF investments: SEBI
SEBI has requested the government to allow them to accept Pan Card and Aadhaar for KYC verification in mutual funds.
by Nishant Patnaik Dec 20, 2017