MF News

Currently, the fund house has SEBI approval for category II funds, i.e., private equity or debt funds.

The scheme has more than 2.5​ ​ lakh folios with an AUM of Rs. 6,775 crore.

Kalpen Parekh, President, DSP BlackRock Investment Managers speaks about common behavioural biases and how advisors can overcome these in clients.

RBI bars banks and financial institutions to deal in virtual currencies. Asks banks and payment wallets to restrict transactions in bitcoins.

The industry has witnessed a healthy growth in its assets in FY 2017-18 due to increasing participation of retail investors in mutual funds through SIP.

The fund will enable investors without a demat account to have exposure in Bharat 22 ETF.

AMFI has hiked ARN registration and renewal fee for mutual fund distributors by the extent of GST i.e. 18%.

ICICI Prudential MF and HDFC MF have crossed the Rs.3 lakh crore milestone as on March 2018.

AMFI has launched the second phase of ‘Mutual Fund Sahi Hai’ campaign today.

Rao had worked with HDFC Bank as Executive Vice President – Private Banking Group and Third Party Product.

Many advisors say that they have to wait and see if fundamental changes in the schemes affect portfolios.

He was earlier the equity fund manager at Invesco Mutual Fund.

Karvy Computershare has decided to support distributors by providing GST invoices, credit notes, and income statements latest by April 10, keeping in view the financial year end accounts closure requirements.

A few AMCs such as HDFC and Reliance are planning to launch hedge funds.

The enhanced capital gain/loss statement will allow investors to view their consolidated capital gains/losses across all mutual funds that are serviced by CAMS.