MF News

Big relief to distributors: Govt defers RCM implementation by one more year

The CBIC defers implementation of reverse charge mechanism (RCM) until September 30, 2019.

by Nishant Patnaik Oct 12, 2018

Industry adds close to 1.6 crore folios in a year: retail participation in full swing

The industry records a 26% jump in folios in just one year.

by Team Cafemutual Oct 11, 2018

Now, get yourself registered with exchange platforms free of cost

Exchange platforms such as BSE Star MF and NSE NMF II have waived off registration fees to attract distributors.

by Team Cafemutual Oct 11, 2018

Despite volatility, SIPs inflows at all time high

The mutual fund industry received an average monthly inflow of Rs.7,650 crore through SIPs between July and September 2018.

by Team Cafemutual Oct 11, 2018

SEBI to revisit risk management guidelines in mutual funds

SEBI has reportedly met a few MF CEOs to review the risk mitigation approach particularly in debt fund management.

by Nishant Patnaik Oct 10, 2018

9 lessons advisors can learn from ‘Nav Durga’

This Navratri, imbibe the qualities of the Nav Durga to grow your business.

by Shreeta Rege Oct 10, 2018

Industry AUM falls but party in equity continues

Despite a decline of Rs.2.30 lakh crore due to liquid fund redemption, equity funds saw net inflows of Rs.14,312 crore last month.

by Shreeta Rege Oct 9, 2018

India is home to 4.13 lakh wealthy individuals

A recent BCG report pegs India as the fifth largest Asian market in terms of wealthy individuals.

by Team Cafemutual Oct 9, 2018

GST relief likely for distributors until March 2019

Tax experts say that distributors earning less than Rs.20 lakh a year are likely to avail reverse charge mechanism benefits until the government issues a notification.

by Nishant Patnaik Oct 8, 2018

MF Tax Reckoner 2019 -2020

Posted on Oct 7, 2018

RBI maintains status quo on policy rates: What should you recommend to your clients

Fund managers believe that short term rates will ease while long term yields may remain range bound.

by Team Cafemutual Oct 6, 2018

Omkeshwar Singh quits BSE Star MF, joins Samco Securities

Singh will head mutual fund distribution business of Samco Securities.

by Team Cafemutual Oct 5, 2018

AMFI to recapitalize MF utility

Asked fund houses to cough up to Rs.5 crore.

by Nishant Patnaik Oct 5, 2018

IIFL Wealth starts offering fee based service

The company believes that its fee-based model will bring down the cost of investment for HNIs.

by Team Cafemutual Oct 5, 2018

Top 20 fund houses manage 95% of industry AUM

Overall, the industry has seen a modest growth of 4% in the last quarter.

by Team Cafemutual Oct 5, 2018

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