23% of mutual fund AUM is retail
Of the 20.40 lakh crore AUM, retail AUM in mutual funds was at Rs.4.69 lakh crore in September 2017.
by Padmaja Choudhury Oct 14, 2017
Will fund managers change equity portfolios to comply with SEBI norms?
While many fund managers say their definition of large cap, mid cap and small cap is in the line with SEBI, a few fund houses admit they will have to incorporate changes to their portfolios to comply with the latest norms.
by Padmaja Choudhury Oct 13, 2017
SIPs inflows at all time high
The mutual fund industry received an average monthly inflow of Rs.5,223 crore through SIPs between July and September 2017.
by Padmaja Choudhury Oct 13, 2017
Reliance MF to expand its distribution network by opening 500 branches offices
Currently, the fund house has 177 branch offices across the country.
by Padmaja Choudhury and Nishant Patnaik Oct 13, 2017
MF industry average AUM reaches Rs.21.50 lakh crore in September
The average AUM increased from Rs.19.92 lakh crore in June 2017 to Rs.21.45 lakh crore in September, a growth of 8% in a quarter.
by Team Cafemutual Oct 13, 2017
This Dhanteras, gold bonds could be the smarter choice for your clients
The government has recently issued the units of Sovereign Gold Bond Scheme (SGBS) 2017-18 - Series III to cash in on the festive fever.
by Team Cafemutual Oct 13, 2017
6% distributors earn more than Rs.20 lakh annually
Of the 46,285 active distributors, 2,865 distributors earn gross commission of over Rs.20 lakh in a year.
by Nishant Patnaik Oct 12, 2017
Need a nudge in the right direction? This book ought to do it!
Industry experts talk about the key learnings from the book, ‘Nudge’ by Nobel Economics Prize winning author, Richard Thaler and Harvard Law School Professor, Cass R. Sunstein.
by Rosevina Gonsalves and Nishant Patnaik Oct 12, 2017
HDFC MF retains the top position in equity AUM
The fund house manages an equity AUM of Rs.1.24 lakh crore as on September 2017.
by Padmaja Choudhury Oct 11, 2017
Behavioural economist Richard Thaler wins Nobel Economics Prize
Thaler has authored bestsellers such as Nudge, The Winner’s Curse and Quasi Rational Economics.
by Team Cafemutual Oct 10, 2017
200 new RIAs register with SEBI in one year
The number of total SEBI registered investment advisors (RIAs) stood at 697 as on August.
by Padmaja Choudhury Oct 10, 2017
MF industry adds 63,000 folios each day in September!
Thanks to active participation of retail investors, the industry has added more than 12 lakh folios in September.
by Team Cafemutual Oct 9, 2017
MF industry sees record net equity inflows of Rs.29,000 crore in September
Healthy inflows in equity funds is due to increased inflows in arbitrage funds and balanced funds.
by Nishant Patnaik Oct 7, 2017
Big relief to mutual fund distributors: No GST until March 2018
The GST council defers implementation of reverse charge mechanism (RCM) until March 2018.
by Nishant Patnaik Oct 7, 2017
