MF News

Deepak Sood and Karan Datta join Prudent board

While Deepak has rich experience in insurance business, Karan is a MF veteran.

by Team Cafemutual Oct 27, 2020

FT case - When will FT investors get their money back?

If majority of investors vote against the winding up process, the fund house may have to reopen its six schemes again.

by Sridhar Kumar Sahu Oct 27, 2020

Karnataka HC: FT needs unit holders’ approval to wind-up schemes

However, the voting will not happen anytime soon. As the Supreme Court is on vacation, the operation of the order has been stayed for six weeks to allow the fund house to appeal the order.

by Sridhar Kumar Sahu Oct 26, 2020

Mumbai: Home to highest no. of billionaires

217 out of 828 Indian billionaires with wealth of at least Rs.1,000 crore reside in Mumbai.

by Team Cafemutual Oct 26, 2020

MF bulletin: Industry added 7.37 lakh new folios in September

The quarter gone by brought cheer to the MF industry

by Bhakti Makwana Oct 26, 2020

HDFC AMC sees net profit rise to Rs 338 crore

The company said that the impact of this pandemic would not be material on its business in coming quarters if the pandemic is controlled effectively.

by Team Cafemutual Oct 23, 2020

The rise and fall of MIP

There are as many as 21 schemes in this category and not a single scheme has outperformed its benchmark over the last 1-year, 3-year and 5-year time horizon.

by Sridhar Kumar Sahu Oct 23, 2020

Google Pay starts offering direct mutual funds and NPS through ETMoney

The partnership will allow Google Pay users to invest in mutual funds and NPS.

by Team Cafemutual Oct 23, 2020

Why, how and when of succession planning for MFDs

Noted author and trainer Amit Trivedi feels that MFDs owe it to their family, clients and employees to ensure proper succession planning.

by Sridhar Kumar Sahu Oct 23, 2020

Get clarity on your business succession today

Amit Trivedi will explain the nuances of ‘Succession Planning' in the second episode of 'Lesson from the Masters' webinar series.

by Team Cafemutual Oct 22, 2020

SEBI Chairman finds market recovery broad-based

SEBI Chairman Ajay Tyagi gave his analysis of the market rally at a summit

by Team Cafemutual Oct 22, 2020

You will have to carry ‘AMFI registered mutual fund distributor’ tagline along with your name

AMFI, after consulting with SEBI, has asked MFDs to carry this tagline along with their name/company name across all forms of communication.

by Nishant Patnaik Oct 22, 2020

‘Retirement: Least important goal for Indians’

PGIM India MF Retirement Survey reveals that retirement planning rated low on people’s priorities, with children and spousal security and even fitness and lifestyle ranking higher.

by Team Cafemutual Oct 21, 2020