MF News

Birla Sun Life MF was no. 1 in net inflows in Apr-Dec 2016
The fund house receives highest inflows of Rs.39,774 crore in April-December 2016, shows the latest SEBI data.
by Padmaja Choudhury May 25, 2017
‘GST would not have significant impact on equity markets’
A few fund managers to whom we spoke to said that markets have already factored in implementation of GST.
by Padmaja Choudhury May 23, 2017
Pension fund managers can now invest NPS corpus in REITS and InvITs
PFRDA has allowed them to invest up to 5% of NPS corpus in such instruments.
by Team Cafemutual May 22, 2017
Retail investors constitute half of MF industry’s AUM
Increased investor awareness and sustained inflows through SIPs lead to higher retail participation.
by Padmaja Choudhury May 21, 2017
Service tax liability of distributors goes up to 18%
However, the new tax rule has exempted distributors earning up to Rs.20 lakh from paying GST, say tax experts.
by Nishant Patnaik May 21, 2017
PE firms eye majority stake in Karvy Computershare
Blackstone and General Atlantic are in a race to buy a majority stake in the R&T company.
by Team Cafemutual May 20, 2017
UTI MF introduces a facility to help investors provide financial support to parents
The fund utilizes SWP proceeds to transfer the amount directly to the bank account of a father or mother.
by Padmaja Choudhury May 20, 2017
Top 10 fund houses account for 80% of B15 assets
Of the total B15 assets of 3.09 lakh crore, Rs.2.42 lakh crore is with the top 10 AMCs.
by Rosevina Gonsalves May 20, 2017
Nothing Fixed About Fixed Income. Here's why
by Source: Moneycontrol May 19, 2017
PFRDA urges SEBI to encourage intermediaries becoming retirement advisers
The pension fund regulator aims to extend its distribution footprint.
by Rosevina Gonsalves May 18, 2017
HDFC MF still holds top position in equity AUM
The fund house manages an equity AUM of Rs. 92,679 crore as on March 31, 2017.
by Rosevina Gonsalves May 18, 2017
LIC Mutual Fund gets a new whole time director
Raj Kumar is the new Whole Time Director of LIC MF.
by Team Cafemutual May 17, 2017
SIP inflows slow down marginally in April
Industry receives Rs.4,269 crore of SIP inflows in April compared to Rs.4,355 crore in March.
by Padmaja Choudhury and Nishant Patnaik May 17, 2017
How IFAs are protecting their business from cyber attack
Multi-level encryptions and firewalls ensure safety of data.
by Daya R and Padmaja Choudhury May 16, 2017
What are advisors recommending as market touches new peak
Most advisors told Cafemutual that they are recommending large cap funds and diversified funds to their clients.
by Padmaja Choudhury and Nishant Patnaik May 16, 2017