Small finance bank Equitas forays into online distribution
The bank has collaborated with Valuefy Solutions to provide digital wealth management solutions.
by Team Cafemutual Jan 29, 2018
More than half the IFAs are from B15 cities
Experts attribute this to a growing demand for mutual funds and higher incentives to distributors.
by Team Cafemutual Jan 29, 2018
Now your clients can SIP daily with Rs.300
LIC MF’s new facility will enable clients to execute transaction in mutual funds through SIPs on a daily basis.
by Team Cafemutual Jan 26, 2018
RIAs should be allowed to provide distribution services: AMFI
Not allowing RIAs an opportunity to offer execution services may lead to many investors being orphaned, cautioned AMFI.
by Nishant Patnaik Jan 26, 2018
‘Market corrections may reverse equity fund inflows’
Ajay Tyagi, Fund Manager – Equity, UTI Mutual Fund, believes that investors are chasing equity for its performance. We have seen this trend earlier.
by Team Cafemutual Jan 25, 2018
Reduce threshold limit to 50% to qualify for equity funds: AMFI to FM
If implemented, balanced funds will reduce their exposure to equity instruments
by Padmaja Choudhury Jan 25, 2018
AMFI requests FM to introduce Debt Linked Savings Scheme (DLSS) in line with ELSS
If implemented, DLSS can replace bank FDs in true sense.
by Nishant Patnaik Jan 24, 2018
PMS assets excluding EPFO touch Rs.4.65 lakh crore in December
Portfolio managers witnesses 31% growth in one year
by Team Cafemutual Jan 24, 2018
In India, 1%=73% wealth
1% wealthy Indians held 73% of country’s wealth: Oxfam report.
by Team Cafemutual Jan 23, 2018
UTI Mutual Fund to distribute mutual funds through Facebook Messenger Chatbot
Existing investors can invest with the fund house through this facility.
by Team Cafemutual Jan 23, 2018
Today is the last day to send feedback on SEBI RIA consultation paper
Refer to all consultation papers before sending your feedback to SEBI.
by Team Cafemutual Jan 23, 2018
Domestic fund managers should be allowed to manage AIFs headquartered in IFSC
If implemented, this will help fund houses managing AIFs attract foreign investors.
by Team Cafemutual Jan 20, 2018
Industry sees reduction in SIP discontinuation
Goal-based investments and the increasing demand for perpetual SIPs are the key factors.
by Team Cafemutual Jan 20, 2018
MF distributors can now cancel GST registration to avail tax exemption
The GST council has done away with the lock in period required to cancel GST registration.
by Nishant Patnaik Jan 20, 2018
