MF News

Stock Market sees a massive dip

Sensex drops by 2,223 points, Nifty down by 662 points.

by Riddhima Bhatnagar Aug 5, 2024

MFs to target lower ticket investments from NRIs/foreigners through GIFT city

IFSC to offer retail funds and ETFs for NRIs and foreign investors soon.

by Nishant Patnaik & Kushan Shah Aug 5, 2024

SEBI expands scope of connected persons to prohibit insider trading

Connected persons will include spouse, siblings, siblings of a spouse, siblings of parents, any direct ancestors or descendants and all their spouses.

by Team Cafemutual Aug 5, 2024

SEBI to focus on use of AI and preventive measures to avoid a black swan event in the market

SEBI Chief Madhabi Puri Buch and SEBI Whole Time Member Ananth Narayanan shared regulatory outlook at the 21st Annual Capital Markets Conference.

by Kushan Shah Aug 3, 2024

SEBI to ensure ease of doing business for registered investment advisers

SEBI Chief Madhabi Puri Buch believes that this will grow the number of registered investment advisors.

by Nishant Patnaik & Kushan Shah Aug 2, 2024

Who are the top equity players in the Indian MF industry?

SBI MF, ICICI Pru MF and HDFC MF are the top three fund houses in terms of equity assets.

by Riddhima Bhatnagar Aug 2, 2024

Groww MF bats for green India, launches a campaign ‘Go Green, Breathe Clean’ and an EV FoF NFO

As part of this campaign, the fund house has been distributing saplings among MFDs.

by Groww MF Feature Aug 1, 2024

Equity outlook: August 2024

Christy Mathai, Fund Manager, Equity, Quantum MF, Sumit Agarwal, Fund Manager, Equities, Bandhan MF and Sumit Bhatnagar, Fund Manager, Equity, LIC Mutual Fund share with us their views on equity markets.

by Riddhima Bhatnagar Jul 31, 2024

Debt market outlook for August 2024

Alok Singh CIO BOI Mutual Fund, Avnish Jain, Head-Fixed Income, Canara Robeco Mutual Fund and Murthy Nagarajan, Head – Fixed Income, Tata Mutual fund share their insights on debt markets.

by Muzammil Bagdadi Jul 31, 2024

AMFI requests FM to reconsider its tax proposals on mutual funds

The trade body also requested the finance ministry to reintroduce indexation benefits in debt funds and debt oriented hybrid funds.

by Nishant Patnaik and Kushan Shah Jul 31, 2024

MF industry should suggest ways to simplify onboarding of NRI investors: SEBI

SEBI Chairperson Madhabi Puri Buch acknowledged that NRI onboarding is a major challenge for the industry.

by Nishant Patnaik Jul 30, 2024

SEBI launches generative AI for investors

To start with, the AI-powered chatbot will resolve general queries of investors.

by Team Cafemutual Jul 30, 2024

SEBI meets a few MFDs to understand ground level challenges faced by them

Among the major issues reportedly highlighted by MFDs were issue of KYC, standardization of risk profiling of investors and reintroduction of SIP insurance.

by Nishant Patnaik Jul 30, 2024

Prudent crosses Rs. 1 lakh crore MF AUM milestone

The ND attributes this growth to its network of over 30,000 partners and more than 17 lakh investors.

by Team Cafemutual Jul 29, 2024

AMFI to suspend ARN of MFDs who run sales contest for employees/sub brokers

AMFI has found instances where MFDs run sales contests for their employees and sub distributors at exotic locations.

by Nishant Patnaik Jul 29, 2024