MF News

We needed to adapt to the new reality: Bharat Phatak

In a short interview, Bharat Phatak of Wealth Managers talks about rationale for entering into strategic tie up with Scripbox.

by Team Cafemutual Aug 9, 2022

Clarification: Delay in settlement was due to incorrect information from payment aggregators: BSE StAR MF

The exchange platform said that it has settled majority of pending transactions which were withheld due to incorrect information.

by Team Cafemutual Aug 9, 2022

40% decline in net equity inflows despite Rs. 12,000 crore SIP inflows

Smallcap and flexicap funds receive highest net inflows among equity schemes in July.

by Team Cafemutual Aug 9, 2022

NJ Mutual Fund appoints Bijon Pani as CIO

In the past, Bijon has worked as a portfolio manager of a quant fund.

by Team Cafemutual Aug 9, 2022

Pune’s top MF distribution firm Wealth Managers ties up with Scripbox

With this, Scripbox now manages AUM of Rs.12,000 crore.

by Team Cafemutual Aug 9, 2022

22% of SIP AUM has been invested for over 5 years

AMFI data shows 22% of the SIP AUM in regular plan has been around for over 5 years.

by Team Cafemutual Aug 8, 2022

Go Green: 40 Bhopal MFDs plant 300 saplings in a single day

A team of 40 MFDs and 80 other volunteers led by Munnavar Khan launched a sapling plantation drive and spread the message of ‘Har Ghar Tiranga’.

by Karishma Gagwani Aug 8, 2022

‘MFDs registered 44 lakh new SIPs in FY 2021-22’

They account for 17% of the total new SIP registrations.

by Abhishek Kumar Aug 8, 2022

Fund managers react to RBI’s 50 bps rate hikes

They say investors can look at active short duration funds as rising rates will lift their returns.

by Team Cafemutual Aug 6, 2022

Picture of the day by Bangalore MFD Jineesh Mallishery

Jineesh is a wildlife enthusiast and has captured the montage of jungle life through his lens.

by Team Cafemutual Aug 4, 2022

No commission to MFDs on wound up schemes of FT MF: SC

The supreme court has dismissed plea of MFDs against transfer of commission to FT MF investors.

by Team Cafemutual Aug 4, 2022

PMS firm Emkay and brokerage Abira Securities apply for MF licence

As many as nine entities are awaiting regulator’s go ahead to launch their MF business.

by Abhishek Kumar Aug 4, 2022

B30 MFD Harshal Eadaskar launches a book ‘Paisa Bolta Hai’

The book written in Hindi aims to give its readers a complete perspective on money.

by Team Cafemutual Aug 4, 2022

MFDs may earn 6.60 lakh per annum on AUM of Rs.10 crore in 5 years: AMFI

MFDs earnings has grown 16X in the past 20 years as against 4X income growth of salaried individual.

by Nishant Patnaik Aug 4, 2022

Net SIP inflows surge 4x in one year

The net inflows through SIP accounts was 70% of the gross SIP inflows in June, which is highest in at least the last one year.

by Abhishek Kumar Aug 3, 2022

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