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  • MF News

    Wealth tech platform Vijya Fintech raises over Rs.8 crore
    Vijya Fintech offers wealth management solutions to MFDs/RIAs.
    by Team Cafemutual Nov 22, 2022
    SEBI to regulate social media influencers giving unsolicited advice
    The market regulator said that it is working on guidelines to regulate financial influencers.
    by Team Cafemutual Nov 22, 2022
    State and UTs with the highest AUM per capita
    AUM per capita is the total AUM of the state/UT divided by total number of folios.
    by Ayushi Gautam Nov 21, 2022
    HDFC, SBI and ICICI Prudential have the largest share of retail assets
    HDFC MF, SBI MF and ICICI Prudential MF collectively manage over Rs.3 lakh crore of retail assets.
    by Team Cafemutual Nov 21, 2022
    SIPs in index funds gain traction but equity schemes remain the preferred choice
    AMFI data shows a 73% jump in the index fund SIPs. However, equity schemes continue to constitute 85% of the total live SIP accounts.
    by Karishma GagwaniNov 21, 2022
    SBI, ICICI Prudential and HDFC are the top three MFs in T30 assets
    A few fund houses like Edelweiss, HSBC, IDFC and Kotak have 90% or more of assets in T30 cities.
    by Karishma GagwaniNov 21, 2022
    Fund houses which received the least investor complaints in Sept 2022
    Of the total 1,717 investor complaints in Sept 2022, DSP MF, UTI MF, Tata MF and HSBC MF report the least complaint count.
    by Karishma GagwaniNov 17, 2022
    Close to 7 lakh new subscribers join NPS: PRFDA
    The NPS industry has added over 6.66 lakh new subscribers in the last one year.
    by Karishma GagwaniNov 17, 2022
    MF industry sees decline in MF foot soldiers
    The number of people who distribute mutual funds or MF foot soldiers which includes ARNs and EUINs declined by 16% to reach 2.15 lakh in Sept 2022.
    by Karishma GagwaniNov 17, 2022
    Over half of MF assets come from Maharashtra, New Delhi, and Gujarat
    Maharashtra, New Delhi, and Gujarat—accounted for 60% of the total AUM of the MF business, shows the latest AMFI data.
    by Ayushi Gautam Nov 17, 2022
    Net SIP inflows improve, now 58% of the gross SIP inflows
    Of the total gross monthly SIP inflows of Rs.13,000 crore, net SIP inflow of the industry is Rs.7500 crore.
    by Team Cafemutual Nov 16, 2022
    SBI, HDFC and ICICI Prudential have a stronghold in B30 cities
    Five fund houses - quant, UTI, Canara Robeco, SBI and PPFAS have over 20% of their assets in B30 cities.
    by Karishma GagwaniNov 16, 2022
    MF bulletin: MF industry adds over 2.50 lakh new investors in October 2022
    The MF industry has a total of 3.63 crore investors as on October 2022.
    Posted on Nov 16, 2022
    ABSL MF ties up with fintech platform to facilitate instant withdrawal facility to MFDs’ clients
    The fund house has launched ‘online ATM’ for REDvision users.
    by Team Cafemutual Nov 15, 2022
    Noida MFD raises funds for cancer patients through a book of poems
    The book ‘Umeedo Ka Indradhanush’ is a collection of poems written by cancer patients.
    by Karishma GagwaniNov 15, 2022
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