MF News

SEBI wants AMCs to promote direct plans
SEBI Chief UK Sinha has reportedly questioned fund houses about what stops them from promoting direct plans.
by Nishant Patnaik Sep 27, 2016
Three new faces join AMFI board
Anthony Heredia, Harsha Viji and Nilesh Shah join AMFI board.
by Nishant Patnaik Sep 27, 2016
We are not against distributors: U K Sinha
Sinha has reportedly said that if the market regulator was against distributors SEBI would not have allowed them to charge an additional Rs.100-Rs.150 transaction charge from investors.
by Nishant Patnaik Sep 26, 2016
SEBI to revisit exemption provided to MF distributors to register as RIA
The regulator will float a consultation paper proposing certain changes to RIA regulations.
by Team Cafemutual Sep 23, 2016
Now create financial plans, execute transaction for your clients at a click!
Mumbai based Ronak Hindocha has launched a platform called ‘IFAnow’ which enables advisers to create financial plans and execute transactions.
by Banali Banerjee Sep 23, 2016
Direct plan details will not be reflected in CAS
If an investor has invested in a regular plan, the details of TER of direct plans will not be reflected in the consolidated account statement.
by Team Cafemutual Sep 21, 2016
Disclose absolute commissions of distributors in CAS: SEBI
SEBI has asked AMCs to mention that the commission figures are gross and does not exclude costs incurred by distributors such as service tax, operating expenses, etc.
by Team Cafemutual Sep 20, 2016
Big data and robo-advisers are disrupting the Indian MF industry: EY-Cafemutual report
Technologies such as mobile, social media, big data and analytics, cloud and artificial intelligence are key growth enablers for the mutual fund industry facilitating seamless customer acquisition and real-time efficient processes.
by Team Cafemutual Sep 20, 2016
MF stars land at Cafemutual Confluence 2016
An august gathering comprising CEOs and senior fund officials, bankers, IFAs, wealth management heads, network and bond at the daylong event held in Mumbai.
by Team Cafemutual Sep 20, 2016
AMFI receives 7 fresh nominations for Board elections
AMFI has received seven fresh nominations - Anthony Heredia, Dilip Kumar Mandal, Harsha Viji, Nilesh Shah, Sanjay Sapre, Sarojini Dikhale and Suresh Soni to join the AMFI board.
by Nishant Patnaik Sep 19, 2016
AMFI to hold AGM on September 26
SEBI Chief U K Sinha is expected to address fund officials.
by Nishant Patnaik Sep 14, 2016
R&Ts start providing direct feed data to RIAs
RIAs need to register with R&Ts and provide client consent letters to CAMS and Karvy to get direct plan feeds.
by Ravi Samalad Sep 14, 2016
RIAs facing difficulties in getting direct plan feeds
AMCs are yet to capture RIA registration number in transaction forms.
by Nishant Patnaik Sep 8, 2016
Soon, thanks to RBI, investors to have a single view of all their savings and investments
RBI has invited applications from entities to float an account aggregation business.
by Nishant Patnaik Sep 7, 2016
AMFI, AMCs await format of distributor commission disclosure
AMFI CEO CVR Rajendran said that they have sought SEBI’s help on drafting the format of distributor commission disclosure.
by Nishant Patnaik Sep 6, 2016