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MF News

SIP collections for the year beat last year’s numbers
Monthly average AUM for December was Rs. 24.09 lakh crore.
by Shreeta Rege Jan 16, 2019
Market outlook 2019: ICICI Prudential MF
by Team Cafemutual Jan 15, 2019
Axis MF asks investors to consult financial advisors
The latest Axis MF campaign urges investors not to act upon news without checking its credibility.
by Team Cafemutual Jan 15, 2019
‘Motilal Oswal has the highest share of direct assets’
A HDFC Securities report covering 10 fund houses says that though there has been an increase in direct equity AUM over the years, the pace of growth is slow.
by Shreeta Rege Jan 15, 2019
Partial withdrawal in NPS gets easy
NPS subscribers can withdraw their money thrice in a life time.
by Team Cafemutual Jan 14, 2019
Govt. offers Rs.50 per gram discount on Sovereign Gold Bond Fund
Distributors can earn up to 1% commission on SGBS.
by Team Cafemutual Jan 14, 2019
HDFC MF: Market outlook 2019
by Team Cafemutual Jan 13, 2019
‘Timeless’ a sneak peek into the life of veteran investor Parag Parikh
PPFAS MF has launched a coffee table book to pay homage to their founder and reveal the man underneath the value investor.
by Team Cafemutual Jan 13, 2019
‘Axis Bank brings in 47.6% of Axis MFs equity assets’
Kotak MF has the least dependence on its associate bank, says a HDFC Securities report
by Shreeta Rege Jan 13, 2019
Index funds and ETFs to get more diversified
SEBI wants to reduce concentration risk in ETFs and index funds.
by Team Cafemutual Jan 12, 2019
SEBI asks fund houses to build a robust cyber security system
Also, the market regulator wants mutual fund distributors to maintain better standards of information security of their clients.
by Nishant Patnaik Jan 12, 2019
Composition scheme: Distributors earning up to Rs.50 lakh will have to wait for clarification
The composition scheme announced yesterday does not allow taxpayers to avail benefits if they provide services in other states in the current form.
by Nishant Patnaik Jan 12, 2019
Muted growth in folios in December in line with the lower inflows
Equity ETFs see the fastest growth in folio numbers.
by Shreeta Rege Jan 11, 2019
‘We want 5 lakh distributors to increase MF penetration’
A Balasubramanian, CEO, Aditya Birla Sun Life Mutual Fund shared that the fund house plans to open new branches to create its presence across all the 542 Lok Sabha constituencies.
by Shreeta Rege Jan 11, 2019
Relief to large distributors earning up to Rs.50 lakh, GST reduced to 6%
The exemption limit of Rs.40 lakh limit may not be applicable for financial intermediaries like mutual fund distributors.
by Nishant Patnaik Jan 10, 2019