MF News

SEBI has given a 16-day extension to distributors using nomenclatures like IFA, adviser, wealth managers to furnish documentary evidence to CAMS confirming submission of name change application to ROC by October 31.

Bajaj Finserv has applied with SEBI for an MF license on September 28.

With fund houses releasing the risk report every month, every fund in the industry will now have a risk history like NAV history.

The NFO has received over 46,000 applications from 562 cities.

Choice Wealth Management runs Investica, an online MF distribution company.

Patna, Jaipur and Lucknow among top 10 cities to contribute highest MF investments through direct plan, shows ET Money Report.

The relaxations will be in force till December 31, 2020.

The digital campaign encourages people to start their investment journey with SIP in mutual funds.

Amit Bivalkar, MD and CEO, Sapient Wealth Advisors & Brokers takes a deep dive into the nuances of scaling up business at the Aditya Birla Sun Life Mutual Fund - Cafemutual new webinar series 'Lessons from the Masters'.

In addition, AMFI has requested SEBI to review cut off time for subscription and redemption in mutual fund schemes and restore it to 3pm.

A few days ago, Kishore had tested positive for Covid.

On the shape of economic recovery, RBI Governor said that India is likely to see a 3-speed recovery.

SEBI has tightened the norms for executing inter scheme transfers. The guidelines will be applicable from January 1, 2021.

Overall, the industry saw net outflows of over Rs.52,000 crore in September largely due to quarter end.

Amit will take a deep dive on the nuances of ‘Scaling up your Business’ at Cafemutual’s new webinar series 'Lessons from the Masters'. The webinar will be held on October 9 at 5 pm.