MF News

Many fund houses have started imparting digital training to distributors to prepare them for today’s challenging times.

Here are 9 web series that you can binge-watch during this lockdown to laugh, reflect, celebrate, cry and inspire.

Monthly SIP flows decline marginally from Rs.8650 crore to Rs.8370 crore, a decline of Rs.265 crore

Franklin Templeton MF clarifies to SEBI that some media reports have quoted Jenny Johnson, President and CEO, Franklin Templeton, out of context. The fund house said that they deeply regret any unintended slight this may have caused to the esteemed offices of SEBI.

SEBI has observed that some fund houses have chosen to have high concentration to high risk, low credit ratings and unlisted debt securities despite well-defined regulations.

Daver has worked with IndiaNivesh Securities and Kotak Mutual Fund.

Overall, there are 17 fund houses which get over 80% of their equity assets via non-associate distributors like you and 4 fund houses that get less than 10% of their equity assets via non-associate distributors. Read on to know which fund house get how much of their equity assets via non associate distributors.

ABSL Savings Fund has consistently delivered better returns as against the traditional fixed income avenues like bank fixed deposits and outperformed its benchmark as well.

Distributors can create MF transactions by sharing PAN details of their clients through WhatsApp.

You can recommend ABSL Low Duration Fund to clients who want to preserve their money for a short tenor. This fund takes care of the safety and liquidity needs of investors and can also be useful for those who want to start STP in another scheme or schedule SWP to manage household expenses.

Distributors may face difficulty in sustaining business if the recovery is not V shaped.

Distributors can pause SIP of their clients for up to 6 months through KFintech and AMC websites.

Currently, distributors are required to take print out of annual self-declaration form before submitting its scanned copy under online mechanism.

Ajay Tyagi, Executive Vice President & Equity Fund Manager, UTI Mutual Fund talks about equity market, his work from home experience and much more.

AMFI data says that net redemption in credit funds reduced from Rs.4300 crore on April 27 to Rs.793 crore on April 30.