MF News

Experts say that the growth has come largely because of higher inflows in balanced funds, arbitrage funds and equity funds through SIPs.

UTI Capital, a subsidiary of UTI AMC has announced the first close of UTI Structured Debt Opportunities Fund.

The growing popularity of mutual funds has attracted many people to take up mutual fund distribution as a profession.

ICICI Prudential Mutual Fund received application worth Rs.32,000 crore, four times the issue size of Rs.8000 crore.

Here are the four investing opportunities for your clients who want to take exposure to international markets.

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.

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.

Currently, there are 2.45 lakh millionaires in India, says the report.

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.

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.

HDFC Mutual Fund will launch industry’s first housing focussed fund, HDFC Housing Opportunities Fund on Nov 16.