‘India’s top 1% population has 50% of country’s household wealth’
Nearly 91% of the Indians have income below USD 10,000 per annum, which is close to Rs.7.32 lakh per annum.
by Shreeta Rege Oct 26, 2018
Online direct plan distributor, Zerodha starts offering government securities
The company aims to offer alternative to bank FDs and debt funds to its investors.
by Nishant Patnaik Oct 26, 2018
Rajesh Iyer steps down as CEO of DHFL Pramerica MF
Ajit Menon is the interim CEO of DHFL Pramerica MF.
by Nishant Patnaik Oct 25, 2018
eKYC may be possible with live photo, valid ID and time stamping
UIDAI has been reportedly exploring ways to help companies relying on Aadhaar based eKYC to onboard new customers.
by Nishant Patnaik Oct 25, 2018
New TER slabs to be implemented soon: SEBI
The regulator has clarified that it would make changes to the MF regulations before introducing new TER slabs.
by Nishant Patnaik Oct 24, 2018
AMFI to publish daily fund performance of all MF schemes
SEBI has asked fund houses to publish daily performance report of their schemes on AMFI website.
by Shreeta Rege Oct 23, 2018
Now, AMCs will have to disclose management fees along with your commission
SEBI has asked fund houses to disclose investment and advisory fees and other expenses along with the commission of distributors.
by Nishant Patnaik Oct 23, 2018
Now, B30 incentives only on retail AUM
Also, SEBI has asked fund houses to pay additional B30 incentives to their distributors through trail commission.
by Shreeta Rege Oct 23, 2018
No more upfront commission from now: Industry shifts to all trail model
However, SEBI has allowed upfronting of trail commission if a first time investor starts an SIP of up to Rs.5000.
by Nishant Patnaik Oct 23, 2018
‘9 out of 10 large cap funds underperformed their benchmark over the last one year’
The latest S&P Indices Versus Active (SPIVA) India Scorecard suggests that 88% of Indian equity large-cap funds underperformed their benchmark in the one-year period ending June 2018.
by Team Cafemutual Oct 22, 2018
‘In investing, volatility is a feature, not a bug’
A feature is planned, part and parcel, in the design of a product. A bug is a mistake, an error, an oversight that needs fixing.
by Radhika Gupta Oct 22, 2018
You can no longer renew ARN or obtain fresh ARN online
However, you can continue to register or renew your ARN through physical process.
by Nishant Patnaik Oct 20, 2018
A decade long journey of Principal Emerging Bluechip Fund
The Principal MF team shares with us how the scheme has navigated deftly different market cycles during its long tenure.
by Principal Mutual Fund Feature Oct 20, 2018
HDFC MF has the highest equity AUM for September quarter 2018
ICICI Prudential MF and Reliance MF follow in the second and third position.
by Dona Sara Jacob Oct 20, 2018
