MF News

Delhi MFD Sunil Diddee served the Indian Army for more than two decades and was part of Kargil war and served at Siachen Glacier. He now runs a successful distribution business.

Despite 90% disability of lower limbs, Kakinada, Andhra Pradesh MFD Suda Bhanu Prasad has set up a successful advisory business.

The market regulator has imposed fine of over Rs.21 crore on directors, CEO, fund managers and entities for alleged violation of norms during closure of six debt schemes in 2020.

The AMC’s trustees have also been penalized in cases related to winding up of six debt schemes.

The passive space has evolved a great deal in India. There is enough variety to build a diverse portfolio through ETFs and index funds. Let’s see how.

There’s no looking back for Rishabh Adukia who went on a spree and acquired CA, CS, LLB, CFP and MBA-finance.

Currently, MFDs have to submit a physical nomination form at fund house level. There is no centralized and online system to make a nomination against ARN.

The proportion of retail debt assets that stays invested for more than 2 years has declined in the last one year.

George Mitra, CEO and Co-founder, Fintso believes that robo advisory model does not work. He feels that investors need handholding to invest their hard-earned money and MFDs can cater to their evolving needs with the help of artificial intelligence and machine learning.

71-year-old Ramesh B Popat continues to cater to his clients.

MFD Sagar Moradiya of Finaman Consultant from Bhavnagar talks about opportunities in rural India, BSE Star MF platform and more.

Maharashtra tops across all mutual fund scheme categories.

Naveen Daga started as a cashier in a saree shop and today, he runs a successful MF distribution business.

Overall, the investor complaints have fallen by 20% in FY 2021 compared to the previous year.

This is the third fund in the series of close end real estate funds.