UHNWIs likely to pass on US$3.9 trillion to the next generation in 10 years
The average UHNWI is nearly 60 years old. Given that over 60% of these individuals are wealthy due to a self-made business, many will be considering the transfer of significant wealth for the first time.
by Team Cafemutual Dec 15, 2016
Equity funds add close to five lakh folios in November
Equity funds saw the highest addition in folios (4.95 lakh), followed by balanced funds (1 lakh), ELSS (99,048) and equity ETFs (10,199).
by Team Cafemutual Dec 14, 2016
90% of retail equity AUM is channelized by distributors: AMFI
Distributors bring in majority of inflows in equity funds, ELSS and balanced schemes.
by Nishant Patnaik Dec 6, 2016
Indias UHNWI population to reach 2.80 lakh by 2021: Credit Suisse
Currently, India has 1.78 lakh UHNWIs.
by Team Cafemutual Dec 5, 2016
Why is there a dearth of women professionals in investment management?
Only 10% of investment management professionals in India are women, finds a CFA Institute study. Read on to find out the reasons behind the underrepresentation of women in this profession and how to attract and retain them.
by Banali Banerjee Nov 30, 2016
MF AUM to reach Rs. 31 lakh crore by 2020: KPMG
The growth will be driven by distribution channels, says the report.
by Nishant Patnaik Nov 29, 2016
India’s top 1% possess 58% of country’s wealth: Credit Suisse
India has 2.48 lakh adults in the top 1% of global wealth holders, shows Credit Suisse wealth Report 2016.
by Team Cafemutual Nov 24, 2016
MF industry has 2 crore unique investors, to reach 9 crore in 5 years: AMFI
AMFI wants to reach out to at least 9 crore investors in the next five years.
by Nishant Patnaik Nov 16, 2016
HNIs assets to cross US$ 2.30 trillion in India by 2020: Julius Bär
Currently, Indian HNIs have combined wealth of over US$1.45 trillion, claims Julius Bär Wealth Management report.
by Nishant Patnaik Nov 15, 2016
NPS assets rise, crosses Rs 1.50 lakh crore mark
The total subscriber base has crossed 1 crore as on October 2016.
by Team Cafemutual Nov 14, 2016
Equity funds category adds over 5.50 lakh folios in October
The total folio count across all categories in October 2016 is close to 5.12 crore.
by Team Cafemutual Nov 10, 2016
Here is how demonetisation will affect the mutual fund industry
Experts say that it will have a positive impact; debt and liquid funds in short term will gain.
by Darshita Shah Nov 9, 2016
Equity funds receive 8700 crore inflows in October
The equity fund category has received inflows of Rs. 13,700 crore in October if we take into account ELSS, ETFs and balanced funds.
by Nishant Patnaik Nov 5, 2016
71% parents in India would take on debt to fund their childrens education: HSBC
41% Indians felt that funding their childs education was more important than contributing to their own retirement savings.
by Team Cafemutual Nov 4, 2016