IDFC MF, Aditya Birla Sun Life MF top CRISIL performance index
While equity schemes of Aditya Birla Sun Life MF & debt funds of IDFC MF topped the CRISIL performance index in the September quarter. Overall, IDFC MF led the CRISIL performance index across all categories in the September quarter.
by Team Cafemutual Nov 18, 2017
Kotak MF employees turn brand ambassadors in SIP campaign
Kotak Mutual Fund has launched a SIP campaign in which its fund managers and sales head will encourage people to invest in mutual funds through SIP.
by Team Cafemutual Nov 17, 2017
India will be home to 3.70 lakh dollar millionaires by 2022: Credit Suisse Report
Currently, there are 2.45 lakh millionaires in India, says the report.
by Team Cafemutual Nov 16, 2017
PMS assets excluding EPFO touch Rs.4.20 lakh crore in September
Portfolio managers witness 12% AUM growth in the first six months of FY 2017-2018 largely due to growth in assets of non-discretionary PMS.
by Team Cafemutual Nov 16, 2017
GST registered IFAs earning less than Rs.20 lakh can file “NIL” returns: GST helpline
A few compliance officials who have spoken to GST helpline officials told Cafemutual that mutual fund distributors having GST registration and earning less than Rs.20 lakhs, have an option to file NIL returns.
by Nishant Patnaik Nov 15, 2017
Should you recommend housing fund to your clients?
HDFC Mutual Fund will launch industry’s first housing focussed fund, HDFC Housing Opportunities Fund on Nov 16.
by Padmaja Choudhury Nov 13, 2017
Demonetisation has helped MF industry grow its assets by 45%: Finance Ministry
Overall, gross financial savings has increased by 48%.
by Team Cafemutual Nov 11, 2017
One of India’s largest MF distributors to go public
ICICI Securities is to launch its IPO soon.
by Team Cafemutual Nov 11, 2017
MF industry adds close to average of 59,000 folios per day in October
Overall, the industry has added 11 lakh folios last month of which 7 lakh were equity folios.
by Team Cafemutual Nov 10, 2017
AIFs see massive demand: commitment crosses a trillion
Private equity and debt funds account for 60% of the total size of the AIF industry.
by Padmaja Choudhury Nov 10, 2017
Majority of fund houses witness profits in FY2016-17
Of 34-fund house, 26 AMCs have reported profits last fiscal.
by Padmaja Choudhury Nov 9, 2017
Proven ideas to retain clients
Meet the winners of ‘Principal Business Champions – Winning retention strategies’ who shared their client retention strategies to grow business.
by Team Cafemutual Nov 8, 2017