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  • MF News

    Kotak MF assures investors of repaying FMP proceeds after recovering Essel dues
    The fund house expects to receive the dues from Essel Group companies by September 30.
    by Shreeta Rege Apr 11, 2019
    NJ India applies for mutual fund license
    Between January 2019 and March 2019, three new players – NJ India, SREI Infrastructure and Karvy Stock Broking have applied for MF license.
    by Sridhar Kumar Sahu Apr 11, 2019
    A help desk that will resolve your GST, KYC related queries
    Aditya Birla Sun Life MF has introduced a new facility for distributors to resolve their service related queries.
    by Team Cafemutual Apr 10, 2019
    Edelweiss MF celebrated ‘Financial Advisor’s Day’ on March 31, 2019
    The fund house acknowledged the role of financial advisors in increasing MF penetration.
    by Team Cafemutual Apr 10, 2019
    Aditya Birla MF offers insurance coverage on debt SIPs
    So far, Century SIP has given insurance coverage of up to Rs.50 lakh on select equity funds.
    by Team Cafemutual Apr 10, 2019
    Forget about TER, this fund actually pays investors to invest
    US based Salt Financial has launched an ETF with a negative TER. Simply put, the fund house will pay management fee from its own pocket until the scheme reaches a certain size.
    by Nishant Patnaik Apr 10, 2019
    Industry adds over 1 crore folios last fiscal
    Equity folios stood at 6.93 crore.
    by Team Cafemutual Apr 10, 2019
    MFs have weathered the volatility in markets well, says AMFI CEO NS Venkatesh
    Trends in MF flow in FY 18-19
    by Shreeta Rege Apr 8, 2019
    Transactions with missing or invalid PIN are considered T30
    Distributors have to ensure that PIN code in MF folio matches PIN code in KYC form to get B30 incentives.
    by Nishant Patnaik Apr 8, 2019
    FPSB US terminates contract of FPSB India
    FPSB USA takes charge of the CFP certification program in India.
    by Shreeta Rege Apr 8, 2019
    Transaction in mutual funds, direct stocks to cost more
    Govt. to levy stamp duty tax of 0.01% in delivery transaction.
    by Nishant Patnaik Apr 6, 2019
    AMFI revises AUM transfer norms for distributors
    The new norms come into effect from April 1, 2019.
    by Nishant Patnaik Apr 5, 2019
    CAMS launches a single statement for all ELSS transactions
    ‘One view ELSS statement’ will help your clients get a detailed list of all ELSS transactions executed during a chosen time-frame across CAMS serviced mutual funds.
    by Team Cafemutual Apr 5, 2019
    RBI cuts repo rate; what should you recommend to your clients
    Fund managers say investors should look at short term and medium term funds.
    by Sridhar Kumar Sahu Apr 5, 2019
    HDFC, ICICI Prudential and SBI are the top three fund houses in FY 2018-19
    The quarterly average AUM of MF industry crosses Rs.24 lakh crore.
    by Sridhar Kumar Sahu Apr 4, 2019
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