MF News

BOI AXA MF admits error in NAV calculation, compensates investors

The fund house has wrongly calculated NAV in BOI AXA Conservative Fund owing to marking down of Sintex BAPL’s debt securities.

by Sridhar Kumar Sahu Feb 20, 2020

Zerodha applies for mutual fund license

Zerodha Broking has a mutual fund distribution arm, Coin.

by Nishant Patnaik Feb 20, 2020

Your clients can earn up to 10% yield from JM Financial Products’ NCD issue

The NCD issue is currently open for subscription and closes on March 9, 2020.

by JM Financial Products Ltd. Feature Feb 20, 2020

SEBI asks AMCs, AMFI to freeze accounts of terrorists

United Nations Security Council Resolution (UNSCRs) has issued list of individuals and entities linked to ISIL (Da’esh) and Al-Qaida.

by Team Cafemutual Feb 19, 2020

Overnight funds gaining popularity: AMFI

Average AUM of overnight funds grows 5 times in 10 months to Rs.52,524.98 crore.

Posted on Feb 19, 2020

‘No impact of nomenclature on individual MF distributors’

Among other things, putting a cap on advisory fees may discourage existing RIAs.

by Nishant Patnaik Feb 19, 2020

SEBI to revisit trail commission structure

The market regulator has found that a few AMCs have been offering higher trail commission in the first year.

by Sridhar Kumar Sahu Feb 18, 2020

Distributors cannot call themselves IFAs or wealth advisor: SEBI

In addition, SEBI has asked individual RIAs not to offer distribution services to their clients.

by Sridhar Kumar Sahu and Nishant Patnaik Feb 17, 2020

Use arbitrage funds to ride out volatility

Aditya Birla Sun Life Arbitrage Fund is a good choice for turning market volatility to your advantage.

by Spotlight Feature Feb 17, 2020

MF industry average AUM rises past Rs.28 lakh crore in January

Monthly SIP flows rose to an all-time high of Rs 8,532 crore in January from Rs. 8,518 crore in December.

by Team Cafemutual Feb 17, 2020

SEBI tightens PMS regulations

Among the key changes are capping operational expenses, introduction of guided exit load structure and stricter disclosure norms.

by Nishant Patnaik Feb 15, 2020

SEBI introduces direct plans and bans upfront commission in PMS

PMS industry will move to all trail model to compensate their distributors

by Nishant Patnaik Feb 14, 2020

AMFI eases norms for distributors looking to change status to proprietorship firm

Distributors are no longer required to make asset transfer request if they plan to change their status from individual to sole proprietorship.

by Team Cafemutual Feb 14, 2020

Good news: Net SIP numbers hit a 20-month high of 6.12 lakh

Experts attribute this rise to improved sentiment amid hopes of a broad-based market recovery.

by Sridhar Kumar Sahu Feb 13, 2020

Road ahead for ELSS in new tax regime

AUM of ELSS category is close to Rs 1 lakh crore.

by Team Cafemutual Feb 13, 2020

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