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MF News

Fund houses reduce minimum application size to attract retail investors
A few fund houses have reduced the minimum application size to invest in mutual funds from Rs.5,000 to Rs.1,000.
by Nishant Patnaik and Padmaja Choudhury May 11, 2018
Now your clients can initiate their SIPs on NSE NMF II
The company has also launched a series of videos to educate you to use the platform more efficiently.
by Team Cafemutual May 11, 2018
A single mandate for all fund houses
PAN based e-mandate will help you initiate SIPs in all CAMS serviced fund houses.
by Nishant Patnaik May 11, 2018
Now, no need to carry a laptop while meeting your clients
Why NSE NMF II members should download the android app without fail
by NSE Feature May 11, 2018
You can get new schemes information post scheme consolidation on R&Ts
R&Ts have facilitated distributors with the details of new schemes after consolidation exercise.
by Nishant Patnaik May 9, 2018
MF industry adds over 8 lakh folios in April
Of the total industry folio was 7.21 crore, over 6.11 crore are equity folios.
by Team Cafemutual May 9, 2018
Essel Mutual Fund collects Rs.230 crore in its hybrid fund NFO
The fund house received 14,000 applications during its NFO.
by Nishant Patnaik May 9, 2018
Partial withdrawal in NPS gets easy
NPS subscribers can withdraw their money to fund their entrepreneurial dream or professional skill development.
by Team Cafemutual May 8, 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 Nishant Patnaik May 8, 2018
MF AUM crosses Rs.23 lakh crore in April
Thanks to net inflows of Rs.1.37 lakh crore, the industry AUM reached Rs.23.25 lakh crore last month.
by Team Cafemutual May 8, 2018
Six out of 10 SIP accounts stay invested for more than five years
Of the 2.11 crore SIP accounts, 1.22 crore or 58% SIPs have been active for more than five years, shows AMFI data.
by Padmaja Choudhury May 8, 2018
Muthoot Finance and Frontline Capital Services to foray into MF business
Both companies applied to launch their mutual fund business last year.
by Nishant Patnaik May 7, 2018
BlackRock to exit from DSP BlackRock
DSP Group to buy out BlackRock stake in DSP BlackRock Investment Managers
by Team Cafemutual May 7, 2018
HDFC AMC IPO may take some more time for listing
SEBI has put on hold the IPO of HDFC AMC citing examination of past violation.
by Team Cafemutual May 7, 2018
IDFC MF flagship scheme IDFC Premier Equity Fund is now IDFC Multi Cap Fund
The new fund can accept lump sum investments.
by Team Cafemutual May 7, 2018