MF News

Zerodha is awaiting SEBI’s approval to start MF business, Angel Broking will soon apply for license.

Distributors say they have started recommending passive funds to clients as scope for alpha is diminishing in some active funds.

Credit Suisse Global Wealth Report 2021 found that the decline in wealth is largely due to non-financial assets like real estate.

The 14-point-action document prepared by BCG and CII urged the industry to build greater emphasis on the role of advisors/MFDs.

The financial wealth in India grew by 11% per annum between 2015 and 2020 to reach $ 3.4 trillion. And by 2025, it will go up to $ 5.5 trillion, shows a report released by Boston Consulting Group.

Global HNI population has risen by 6.3% in pandemic hit year on the back of unprecedented stock market gains, Capgemini report.

Also, 14% of the total active distributors earn gross commission of more than Rs.20 lakh annually.

SEBI asks fund houses to provide justification to valuation agencies, Board of AMC and trustees for such a decision.

Over 12 lakh new investors were added in the first quarter of FY 2022.

There are several options in the passive debt category like target maturity funds (index and ETFs), liquid ETFs and gilt (ETF and index funds).

The national distributor has launched various initiatives for ensuring the physical and mental well-being of its employees.

The AUM of fund houses - SBI, Kotak and Nippon grew the fastest in absolute terms in Q1 FY 2022.

The MF industry opened over 21 lakh new SIP accounts taking the total SIP count to 4 crore as on June 2021.

Number of MFDs doing 50+ SIPs per month have surged 15% to 225 in FY 2021: IDFC MF report.

The first episode of ‘Smart investing’ will host Dhirendra Kumar, Founder and CEO, Value Research who will share tips to choose the right mutual fund.