RIAs can use BSE Star MF platform to recommend direct plans to investors
Schemes of 20 AMCs will be available for RIAs on BSE Star MF platform.
by Darshita Shah Dec 13, 2016
AMFI to approach SEBI to seek extension of deadline to upload KYC data on CKYCR platform
AMFI CEO C VR Rajendran said that the mutual fund industry will upload KYC data of new investors on an incremental basis.
by Nishant Patnaik Dec 9, 2016
CAMS bags Dun & Bradstreet Business Excellence Award
CAMS was one of the firms that recorded a higher growth rate as against the conventional growth rates of several 1000 listed companies.
by Team Cafemutual Dec 9, 2016
RBI surprises market with no rate cut
The banking regulator has cited increasing food inflation and rising uncertainty in global markets for this unexpected move.
by Team Cafemutual Dec 7, 2016
Distributor seeks stay order on SEBIs commission disclosure circular in Jharkhand High Court
The lawyer representing the petitioner claims that they are in the process of filing the counter reply to Sebi's reply.
by Nishant Patnaik Dec 5, 2016
AMCs want clarification on RIA license for their advisory services
Advisory services under AMCs include onshore and offshore advisory services where fund managers provide investment advisory services to their clients.
by Nishant Patnaik Dec 2, 2016
MF distributors should be allowed to provide incidental advice: AMFI
Also, AMFI has recommended that Individual RIAs should be allowed to continue to provide execution services.
by Nishant Patnaik Dec 1, 2016
Edelweiss Financial Services launches its robo advisory platform
Edelweiss Guided Portfolios (Edelweiss GPS) designs mutual fund portfolio for SIP investors.
by Team Cafemutual Dec 1, 2016
BSE starts levying transaction fee on its BSE Star MF platform
The transaction fee ranges from Rs. 6 to Rs 30 depending on the number of transactions.
by Team Cafemutual Dec 1, 2016
SEBI imposes a fine of Rs. 10 lakh on Franklin Templeton MF
The market regulator has found that the fund house had constituted an ‘informal investment committee’ and had an international CIO in this group which was found to be in violation of SEBI rules.
by Team Cafemutual Nov 29, 2016
Relief for MFs, CBEC removes ‘securities’ from the definition of goods in draft GST Bill
Industry experts believe this will give a boost to the capital markets as buying and selling of shares will not be subject to levy of any taxes.
by Banali Banerjee Nov 28, 2016
Now, distributors can open CAN online on MF Utility
With eCAN, distributors and investors can fill the CAN registration data online on MFU website and submit electronically.
by Team Cafemutual Nov 28, 2016
SEBI eases investment norms for Angel Funds
The market regulator has reduced the minimum ticket size in Angel Funds from Rs. 50 lakh to Rs.25 lakh.
Posted on Nov 28, 2016
AMFI requests government to keep service tax rate at 12% for MFs
The industry body has also requested the GST Commissioner to exclude ‘securities’ from the definition of services and provide centralized registration.
by Nishant Patnaik Nov 25, 2016