MF News

Also, Maharashtra has the highest AUM to GDP ratio.

Govt. to allow inter usability of KYC records across financial sectors i.e. enabling bank KYC to invest in mutual funds and insurance.

Only 27% women seek advice from financial advisors.

Overall, the top 30 fund houses manage debt assets of Rs.17 lakh crore.

Cheenu Gupta, Fund Manager, Equity, HSBC Mutual Fund shares with us her outlook on the equity markets. She also talks about multi asset allocation funds.

Cafemutual to launch its new book that aims to give practical tips to your clients at CIF 2024.

Mumbai, Delhi, Bengaluru, Pune and Kolkata are the top five cities in terms of MF AUM.

Ravi Kumar Jha, Managing Director & CEO, LIC Mutual Fund tells Cafemutual that his company focusses on increasing distribution footprint. He also talks about opening new offices in small cities and towns and spreading awareness in regional languages.

To this end, the fund house has appointed Aakash Manghani as Fund Manager, Equities.

Data by Quantum Mutual Fund says that both markets return and GDP growth were better during the tenure of a coalition government.

The market regulator has urged investors to do due diligence before adhering to any financial advice.

While the postal stamps are issued by India Post, it is largely for private circulation.