MF News

While 10% of the total SIP accounts under regular plans are over 5 year older, such a number was 2% in direct plans.

Last year, RTAs gave relaxation to MFDs using online platform from the requirement of obtaining wet signature from clients on the account opening form.

As passive investing is attracting investors’ interest, let us bust the associated myths.

Online investment platform will acquire Indiabulls Mutual Fund for Rs.175 crore.

Overall, the MF industry has witnessed net inflow of over Rs.92,906 crore

The MF industry has witnessed 20,709 ARN renewals in FY 2020-21 compared to 20,606 in FY 2019-20.

Ganesh Ram, CEO, MF Utilities talks about his key priorities, role of MFDs in an era of direct plans and more.

AMFI data shows that the proportion of retail assets that stayed invested for more than two years has improved from last year.

NPS account can now be opened completely paperless authentication

The company offers regular plans to investors. It also runs sub distributor model to facilitate technology infrastructure to existing distributors.

Tata Mutual Fund in association with Cafemutual launches ‘My Self-Belief, My Journey’ contest in which the fund house invites entries from MFDs who have overcome their life challenges through self-belief.

Meanwhile, share of B-30 locations in the total MF AUM rises to 17% in FY 2021.

Dastoor led retail sales in Franklin Templeton Mutual Fund.

The MF industry has witnessed a downfall of 35% in the number of new ARN registration under individual category in FY21.

ICICI Prudential MF, HDFC MF and ABSL MF have the highest assets coming from MFDs and NDs.