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  • MF News

    UTI MF creates segregated portfolio in UTI Credit Risk Fund and UTI Medium Term Fund
    CARE Ratings has downgraded Zee Learn Limited to below investment grade.
    by Team Cafemutual Jul 9, 2020
    Karnataka High Court fast tracks hearing related to FT MF’s wound up schemes
    Karnataka High Court to complete hearing of all cases related to closure of Franklin Templeton MF’s schemes within three months.
    by Team Cafemutual Jul 9, 2020
    ABSL Corporate Bond Fund for superior returns
    This fund has outperformed its benchmark in 1-year, 2-year, 3-year, 5-year and 10-year. In fact, it has delivered double-digit returns in the last two years even as the fixed income market went through one of its toughest phases.
    by Spotlight Feature Jul 8, 2020
    Earnings of top distributors dip by 24% post upfront commission ban
    While NJ India remained the largest distributors in terms of gross commission earned, SBI was the largest MF distributor in terms of assets under advisory in FY 2019-20.
    by Team Cafemutual Jul 8, 2020
    LIC Mutual Fund facilitates video KYC service on BSE Star MF
    With this, distributors can onboard new clients by opening zero folio at LIC MF through BSE Star MF.
    by Team Cafemutual Jul 8, 2020
    Here are CII vision document's 6 recommendations to MF industry
    The 14th CII Mutual Fund Summit whitepaper has listed six recommendations.
    by Team Cafemutual Jul 8, 2020
    Ok Google, what’s the NAV of XYZ fund
    Aditya Birla Sun Life MF launches voice-based services via Google Assistant.
    by Team Cafemutual Jul 7, 2020
    Today is the last day to participate in MF Rising Star with poora pariwar
    July 7 is the last day to participate in MF Rising Star. Remember, your family members too can participate in this contest.
    by Team Cafemutual Jul 7, 2020
    ‘No person can use IFA, wealth manager or similar nomenclature without registering with SEBI’
    Here is the FAQ on the recent SEBI investment advisor regulations.
    by Nishant Patnaik Jul 7, 2020
    Availability of distributors and right incentive structure required CII Vision Document
    A CII whitepaper ‘CII Vision Document’ notes that the ‘Mutual Fund Sahi Hai’ campaign has helped a lot in Investor education. However, the availability of advisors and distributors is missing in the market. As a result, the momentum generated through awareness campaigns has not been fully tapped.
    by Sridhar Kumar Sahu Jul 7, 2020
    Cost of acquisition of MF units will be inclusive of stamp duty for capital gains tax calculation
    Industry officials say that there is no mechanism to calculate capital gains tax after deducting the stamp duty tax from cost of investments.
    by Team Cafemutual Jul 5, 2020
    ‘MF industry needs an army of serious individual MFDs to achieve Rs.100 lakh crore AUM’
    Raghav Iyengar, Chief Business Officer, Axis Mutual Fund talks about his future plans for the fund house, impact of coronavirus on MF business and need for serious individual MFDs.
    by Team Cafemutual Jul 5, 2020
    Edelweiss MF to launch second tranche of Bharat Bond ETF
    Two new series of Bharat Bond ETF - BHARAT Bond ETF April 2025 and BHARAT Bond ETF 2031 to be open for subscription from July 14 to July 17.
    by Team Cafemutual Jul 5, 2020
    Individuals can become either RIAs or MFDs
    There will be no client level segregation under individual advisory model, clarifies SEBI.
    by Nishant Patnaik Jul 4, 2020
    SBI MF first to cross milestone AUM of Rs.4 lakh crore
    The recent rally in equity markets helped the fund house's assets grow by Rs 40,000 crore.
    by Team Cafemutual Jul 4, 2020
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