MF News

‘A good financial advisor gives more than just good returns’

Top six responsibilities of a financial advisor.

by Edelweiss Feature May 24, 2019

Reliance Capital to exit mutual fund business, sell entire stake in Reliance Nippon Life AMC

Japan’s Nippon Life to increase its stack to 75% in Reliance Nippon Life AMC.

by Team Cafemutual May 24, 2019

B30 incentive update: Transaction of up to Rs.2 lakh is retail

If an investor staggers Rs.4 lakh in two parts - Rs.2 lakh each, both transactions will be considered retail.

by Nishant Patnaik May 23, 2019

IFAs want either NaMo or Mayawati/Mamata as PM

While a majority 45% IFAs responded in favour of Narendra Modi, 43% IFAs want third front leader Mayawati or Mamata Banerjee to lead the country as PM.

by Team Cafemutual May 23, 2019

FIFA urges AMFI to fix a date for commission disbursal to bring consistency

Fund houses occasionally delay brokerage payout of distributors due to compliance issue.

by Team Cafemutual May 23, 2019

How these advisors have helped clients to bequeath inheritance?

These advisors jumped through hoops and made sure their clients could claim what was rightfully theirs.

by Shreeta Rege May 22, 2019

Mutual funds get more diversified, to invest in commodity futures – gold, silver, zinc and copper

Fund houses can invest in commodity derivatives through hybrid and gold ETF schemes.

by Team Cafemutual May 22, 2019

‘Trail commission will be very rewarding for distributors’

Ravi Menon, CEO, HSBC Global Asset Management shares his views on TER reduction and all-trail model.

by Team Cafemutual May 21, 2019

Gautam Sinha Roy quits Motilal Oswal MF

He was co-managing 4 schemes at Motilal Oswal MF.

by Team Cafemutual May 21, 2019

Essel MF appoints Saravana Kumar its new CIO

He was the CIO of LIC Mutual Fund before this.

by Team Cafemutual May 21, 2019

‘AMCs can continue to do IAP with distributors, but without remuneration’

Industry experts interpret the recent SEBI circular to imply that fund houses should not compensate IFAs with additional payouts for IAPs.

by Nishant Patnaik May 21, 2019

SEBI may issue clarification on payment of withheld commission soon

There is confusion among AMCs and distributors whether or not the three-month window applies to assets with pending KYC.

by Nishant Patnaik May 20, 2019

ICRA’s mutual fund wrap-up for April 2019

AAUM at Rs.25.28 lakh crore in April 2019, Maharashtra remains the biggest contributor.

by Team Cafemutual May 20, 2019

‘Ban on upfront commission will affect entry of new distributors for a while’

In a brief chat with Cafemutual, Sunil Subramaniam, MD and CEO, Sundaram MF shares his outlook on the mutual fund industry.

by Shreeta Rege May 19, 2019

Good news: Aadhaar based eKYC to make a comeback soon

The Ministry of Finance recently issued circular allowing registered non-banking companies like online mutual fund distributors to use Aadhaar database for eKYC, subject to regulatory approvals.

by Shreeta Rege May 18, 2019

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