India will have close to 5,000 super rich by 2022
They will each have net assets worth more than $50 million.
by Team Cafemutual Mar 14, 2018
You have some more time to link Aadhaar details of clients with MF folios
Supreme Court extends Aadhaar linking deadline until further notice.
by Team Cafemutual Mar 14, 2018
MF investments depend on dependants, not bank balance
A recent study found 69% of respondents with one dependant and 65% of respondents with two dependants were willing to invest in mutual funds.
by Team Cafemutual Mar 13, 2018
Fund manager’s credibility and fund house’s brand key parameters to shortlist schemes
Over 66% of investors shortlist schemes based on the credibility of the fund manager and brand value of the fund house.
by Team Cafemutual Mar 12, 2018
Private equity funds are the second most preferred asset class for India’s super rich
Over 66% of India’s super-rich have increased their investment in private equity funds in the past one year, says a Knight Frank report.
by Team Cafemutual Mar 12, 2018
Investors monitor their portfolio far more than necessary
41% of investors monitor their portfolio too frequently.
by Team Cafemutual Mar 12, 2018
You can get up to 1.52% commission on Edelweiss Retail Finance NCD issue
The issue is currently open for subscription and will close on March 22, 2018.
by Team Cafemutual Mar 12, 2018
MF industry adds 15.7 lakh folios in Feb
The industry has added an average of 52,000 folios per day in February.
by Padmaja Choudhury Mar 12, 2018
PFRDA scouts for new CEO of NPS Trust
Kamal Kumar Chaudhry is the current CEO.
by Team Cafemutual Mar 9, 2018
Partial withdrawal allowed in NPS after three years
Shiv Pratap Shukla, Minister of State for Finance, in written reply to a question in Rajya Sabha said that PFRDA has relaxed the norms related to partial withdrawal facility in NPS.
by Team Cafemutual Mar 9, 2018
IFAs, NDs create 42% of new SIP accounts in December 2017
Of the over 10 lakh new SIP accounts, individual distributors created 1.93 lakh, which is 18% of the total.
by Padmaja Choudhury Mar 9, 2018
Equity inflows increase, despite fall in industry AUM
Equity funds, including pure equity funds, balanced, ELSS and equity ETFs, close to Rs.22,240 crore in February.
by Padmaja Choudhury Mar 8, 2018
Paytm is now RIA, to sell direct plans
Earlier, the company has received corporate agency license from IRDAI to distribute insurance policies.
by Nishant Patnaik and Padmaja Choudhury Mar 8, 2018