MF News

AMFI revises the list of T30 cities for this year.

Despite physical limitations, Mumbai MFD K Jayaraman manages a successful MF distribution business.

The MF industry’s AUM now stands at Rs.33 lakh crore.

On Monday, the market regulator had introduced a new metric to highlight risks that a debt fund manager can take to manage funds.

The association is ready to extend a helping hand to distributors to complete the nomination process; will also help family members of deceased MFDs to obtain trail commission.

Bembalkar was the fund manager of Canara Robeco MF.

Expressing discontent over SEBI’s order, the fund house said that the decision to wind up scheme was taken with an objective of preserving value for unitholders.

The MF industry has added nearly 80 lakh folios in FY 2020-21 as against 68 lakh folios in FY 2019-20.

The regulator has also asked the fund house to refund fund management fee of Rs.512 crore to unitholders of the wound up schemes.

The market regular introduces new metrics to highlight risks that a debt fund manager can take to manage funds.

The fund house will offer an employment opportunity to a family member along with financial assistance of at least Rs.20 lakh to the entire family if an employee dies due to any medical condition.

NJ India tops the list with 8% share in total monthly SIP inflows, SBI bank tops in SIP count.

Equity mutual funds have caught retail investors attention since the market crash of March 2020, believe experts.

NACH system, which is used to register SIPs with banks, will become operational 24x7 from August.

80% of the total assets held by individual investors invested through distributors as on March 2021.