Mirae Asset flagship scheme India Equity Fund completes 10 years
The scheme has more than 2.5 lakh folios with an AUM of Rs. 6,775 crore.
by Team Cafemutual Apr 7, 2018
Overcoming behavioural biases with creative communication
Kalpen Parekh, President, DSP BlackRock Investment Managers speaks about common behavioural biases and how advisors can overcome these in clients.
by Nishant Patnaik and Shreeta Rege Apr 7, 2018
Trading in bitcoins becomes practically impossible
RBI bars banks and financial institutions to deal in virtual currencies. Asks banks and payment wallets to restrict transactions in bitcoins.
by Team Cafemutual Apr 7, 2018
MF assets rise 22% to Rs.21.36 lakh crore in FY 2017-18
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.
by Padmaja Choudhury Apr 7, 2018
ICICI Prudential MF seeks SEBI approval to launch ICICI Prudential BHARAT 22 FOF
The fund will enable investors without a demat account to have exposure in Bharat 22 ETF.
by Padmaja Choudhury Apr 5, 2018
Now, you will have to pay GST on ARN renewal as well
AMFI has hiked ARN registration and renewal fee for mutual fund distributors by the extent of GST i.e. 18%.
by Nishant Patnaik Apr 5, 2018
Top 10 AMCs boast 81% market share
ICICI Prudential MF and HDFC MF have crossed the Rs.3 lakh crore milestone as on March 2018.
by Nishant Patnaik Apr 5, 2018
MF industry adds 32 lakh new investors after ‘Mutual Fund Sahi Hai’ campaign
AMFI has launched the second phase of ‘Mutual Fund Sahi Hai’ campaign today.
by Team Cafemutual Apr 5, 2018
Nitin Rao in the new CEO of Reliance Wealth Management
Rao had worked with HDFC Bank as Executive Vice President – Private Banking Group and Third Party Product.
by Team Cafemutual Apr 4, 2018
What are you telling your clients about scheme rationalisation?
Many advisors say that they have to wait and see if fundamental changes in the schemes affect portfolios.
by Team Cafemutual Apr 4, 2018
Union AMC appoints Vinay Paharia as the CIO
He was earlier the equity fund manager at Invesco Mutual Fund.
by Team Cafemutual Apr 3, 2018
Karvy Computershare to support distributors complete FY-end GST filing on time
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.
by Nishant Patnaik Apr 3, 2018
AMCs keen to launch hedge funds
A few AMCs such as HDFC and Reliance are planning to launch hedge funds.
by Padmaja Choudhury Apr 2, 2018
CAMS simplifies LTCG tax calculation for your clients
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.
by Team Cafemutual Apr 2, 2018