MF News

Both men and women are eager to strengthen their financial knowledge to meet this end.

The suggestions include measures to encourage youth to take up mutual fund distribution as a full time career.

In December, equity schemes witnessed a sharp uptick in inflows after three consecutive months of decline.

A major factor for its success is its effort to reach distributors. The AMC started its operations in April 2019 and within nine months; it has empanelled more than 7000 IFAs.

In September, Altico Capital India, a lender focused on the real estate sector, was downgraded by multiple credit rating agencies.

Small cap stocks preferable over expensive quality stocks, says ICICI Pru MF's S Naren.

Overall, AMFI has classified 4992 stocks.

While 54% of the IFAs who participated in the Cafemutual opinion poll believe that they have saw a decline in business in 2019, 29% IFAs say that they saw a growth in their business despite all the noise.

A report by AXIS MF suggests that the stars of 2019 may not necessarily be the winners this year.

Of the top 20 fund houses, 19 saw an increase in their assets.

As we enter the New Year, let us look at some of the trends that can shape 2020.

Distribution business in B30 is spread too thin as they have to cater to nearly 90% of Indian households.