Most MFs ‘passive’ when it comes to voting in investee companies
Value Research (VR) shows that most fund houses have voted either in favour of proposals (83%) or abstained (12%) from voting in the proposals of their investee companies in FY15-16.
by Ravi Samalad Jun 24, 2016
With 125 million middle income professionals, India has huge potential for robo advice: EY
Traditional advisors have faced difficulties in growing scale as reaching clients beyond top tier cities has been a challenge.
by Team Cafemutual Jun 14, 2016
MF industry adds over 2 lakh equity folios in May
The industry has added close to 3.80 lakh folios across all categories in May, show SEBI data.
by Team Cafemutual Jun 9, 2016
Investor complaints against AMCs drop by 7% last fiscal
Increased focus towards grievance redressal helped as many as 22 fund houses witness a decline in investor complaints.
by Ravi Samalad Jun 8, 2016
India to become $5 trillion economy by 2025, says Rashesh Shah
India will have investible corpus of $1.5 trillion by 2025, providing a huge opportunity to the wealth managers.
by Nishant Patnaik Jun 8, 2016
Alternative investment funds witness massive AUM growth in FY 2015-16
Volatility in equity market made HNIs move to alternative investment funds.
by Nishant Patnaik Jun 3, 2016
The top 15 AMCs add more than 43 lakh folios in FY15-16
UTI has the highest investor base (1.05 crore) followed by Reliance at 59.13 lakh investor accounts.
by Ravi Samalad Jun 2, 2016
26 new AIFs line up with SEBI for approval
A majority of applications were filed for Category II AIFs which include private equity funds, debt funds and fund of funds.
by Ravi Samalad May 23, 2016
Over 50% of retail folios are from B15 cities
Of the 4.65 crore retail folios as on March 2016, 2.34 crore folios are from B15 cities.
by Nishant Patnaik May 21, 2016
Slowdown in attrition of mutual fund distributors
Close to 3,400 IFAs have chosen not to renew their ARNs in FY 2015-16 as compared to 3,800 in FY 2014-15 and 4,700 in FY 2013-14.
by Nishant Patnaik May 13, 2016
Yachting is the top luxury choice for UHNWIs: Survey
The Wealth X-Knight Frank survey covered UHNWIs who own at least one of the following luxury assets – yachts, private jets and collectables and a luxury automobile worth more than $100,000.
by Team Cafemutual May 13, 2016
Equity funds add close to 1.58 lakh folios in April
Overall the MF industry has added over 4 lakh folios in April 2016.
by Team Cafemutual May 10, 2016
Advisors play an important role for UHNWs families: Report
89% of clients believe their advisors are influencing financial goals, finds a Morgan Stanley research.
by Team Cafemutual May 6, 2016
MF industry collects Rs.47,800 crore from NFOs in FY2015-16
The industry collected close to Rs.43,000 crore from closed end NFOs and Rs. 4,640 crore from open end NFOs.
by Team Cafemutual May 4, 2016