1.31 crore investors will have to redo their KYC to execute capital market transactions
Of the 10.93 crore capital market investors, the KYC status of 1.31 crore is ‘on hold’ while 1.64 crore investors are ‘registered’.
by Team Cafemutual 6 minutes ago
Invesco MF settles case with SEBI on alleged violation
The fund house paid settlement amount of Rs.5 crore to SEBI. The fund house was allegedly not segregating its MF and PMS activities
by Team Cafemutual 20 hours ago
Prateek Agrawal is the new MD & CEO of Motilal Oswal MF
Akhil Chaturvedi elevated as Executive Director of Motilal Oswal MF.
by Team Cafemutual 20 hours ago
MF industry welcomes 24,000 new individual MFDs in FY24
The total number of individual distributors now stands at 1.43 lakh.
by Riddhima Bhatnagar 21 hours ago
Decoding the latest KYC status
It is better to use Aadhaar as the proof of address (POA) to complete KYC process to avoid any disruption.
by Nishant Patnaik Apr 24, 2024
MFs increase exposure to private banks, capital goods and consumer goods
MFs have 17% holding in private banks, 9% in technology and 8% in auto sectors.
by Team Cafemutual Apr 23, 2024
MF bulletin: The MF industry adds close to 7 lakh new investors in March
The total number of mutual fund investors now stands at 4.45 crore in March 2024.
by Riddhima Bhatnagar Apr 23, 2024
ICICI Prudential MF, SBI MF and HDFC MF are the biggest hybrid players
If we remove AUM of arbitrage funds, the rank changes slightly to ICICI Pru, HDFC and SBI as the top three players.
by Kushan Shah Apr 23, 2024
SBI MF, ICICI Prudential MF and HDFC MF: Top three in debt AUM
The top 30 fund houses manage debt AUM of Rs. 15.69 lakh crore
by Kushan Shah Apr 23, 2024