MF News

SEBI clarifies hedging strategy in commodity derivative segment for MFs

In 2019, SEBI had permitted mutual funds to participate in exchange traded commodity derivatives (ETCDs) but the industry needed more clarity.

by Sridhar Kumar Sahu Jan 18, 2021

Latitude partners with GlobalNorth to offer alternative residency to wealthy Indians

Alternative residency and citizenship are gaining traction in India among wealthy individuals.

by Team Cafemutual Jan 18, 2021

‘Stock selection could emerge as a bigger contributor to returns in 2021’

Krishna Sanghavi, CIO-Equities, Mahindra Manulife Mutual Fund feels that equity market will remain volatile in 2021 with frequent changes in who and what the markets will favour.

by Team Cafemutual Jan 17, 2021

MF bulletin: MF industry adds 12.50 lakh new investors in 2020

The MF industry’s total AUM crosses Rs.31 lakh crore.

by Team Cafemutual Jan 17, 2021

‘Finding opportunities from challenges is one of the biggest learnings’

D.P. Singh, Chief Business Officer, SBI MF shares his lessons from 2020 and expectations for the coming year.

by Team Cafemutual Jan 17, 2021

ITI MF appoints Vikrant Mahesh Mehta as Head - Fixed Income

Vikrant was the Head-Fixed Income at Indiabulls MF.

by ITI MF Feature Jan 15, 2021

Massive reduction in registration and renewal fees for RIAs

Reduced fees may attract MFDs who have been contemplating obtaining RIA license.

by Sridhar Kumar Sahu Jan 14, 2021

Existing KYC records of your clients to be verified again: SEBI

KRAs will complete re-verification by December 2021.

by Nishant Patnaik Jan 14, 2021

Existing NPS subscriber can now open new NPS account, view holdings online

PFRDA enables OTP based authentication for existing NPS subscribers.

by Bhakti Makwana Jan 14, 2021

SAT dismisses SEBI’s penalty on SBI, BoB, LIC in UTI AMC case

In August 2020, SEBI had levied a fine of Rs 10 lakh each on SBI, BoB and LIC, as they failed to reduce their stakes to below 10% in UTI AMC within the stipulated timeline.

by Team Cafemutual Jan 13, 2021