MF News

PhonePe Wealth Broking emerges as first runner-up under the ‘SIP Champion - ND' category at the Cafemutual Big League Awards.

Prior to this, Satheesh was leading the private banking business of Axis Bank.

While SBI MF takes the top spot in absolute terms, Edelweiss MF leads on a percentage basis.

Goa MFD Celso Fernandes of Nave Marg Financial Services gives insights on creating a resilient distribution business. He also talks about why he like Cafemutual events.

The PMS player had applied for MF license in December 2020.

New Delhi, Goa and Maharashtra have the highest average AUM per folio.

Ishan John Chatterjee, Director-India, YouTube said that his company will stop monetization creators offering unauthorized financial advice.

Chirag Mehta, CIO, Quantum MF shares his views on realistic return expectation form equity funds. He also talks about promising sectors and the must-have fund categories for a retail investor.

Maharashtra, New Delhi and Gujarat emerge as the top 3 states in terms of highest MF assets.

Passives equity funds witnessed net inflows of Rs. 9,000 crore in July-Sept 2023.

Manish Mehta, Head Sales and Marketing, Kotak MF shares the key business priorities of the fund house and talks about its engagement with distribution partners. Additionally, he touches upon the most suitable way to deal with DIY investors.

The company aims to target ultra HNIs and HNIs through this new distribution arm.

Of the total individual assets of Rs.28 lakh crore, Rs.21 lakh crore has come from regular plans as on September 2023.

As on March 2023, individual MFDs have a 16% share, the third largest among all distribution channels.