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  • MF News

    GST focussed funds mop up Rs1,500 crore during their NFOs
    Three fund houses – ICICI Prudential, HDFC and Birla Sun Life – have collectively mopped up healthy inflows of Rs1,500 crore during their NFOs.
    by Padmaja Choudhury Jul 19, 2017
    ‘Over 40 per cent of wealth is in emerging metros and towns’
    Anupam Guha, Head - Private Wealth Management, ICICI Securities, talks about how his company acquires HNI clients and engages with them; he also talks about the needs and aspirations of wealthy clients.
    by Nishant Patnaik Jul 18, 2017
    Ajit Menon joins DHFL Pramerica as Chief Business Officer
    He will head the company’s sales, distribution and marketing functions.
    by Team Cafemutual Jul 18, 2017
    Government to penalise distributors for not obtaining GST registration
    Distributors earning over Rs20 lakh a year, or selling schemes of fund houses based outside the home state, will have to take GST registration by July 30, 2017.
    by Nishant Patnaik Jul 18, 2017
    Top 15 AMCs constitute 95% of the total industry folio
    The total folio count of the top 15 fund houses increased from 4.22 crore to 5.29 crore in FY 2016-17.
    by Padmaja Choudhury and Nishant Patnaik Jul 17, 2017
    Here is a collection of real life stories of clients
    Mumbai-based RIA Steven Fernandes, of Proficient Financial Planners, has authored a book titled ‘There is always a financial solution’.
    by Daya Ragunathan Jul 15, 2017
    S. Naren to manage ICICI Prudential’s flagship schemes after Gunwani’s exit
    Manish Gunwani leaves ICICI Prudential MF.
    by Team Cafemutual Jul 15, 2017
    ICICI Securities introduces factor-based portfolios
    The company claims that they are the first to introduce this facility in India.
    by Daya Ragunathan Jul 15, 2017
    Top 10 AMCs paid gross commission of Rs4,000 crore last fiscal
    ICICI Prudential Mutual Fund paid the highest commission of Rs738 crore to its distributors in FY 2016-2017
    by Padmaja Choudhury Jul 13, 2017
    Sponsors of Birla Sun Life Mutual Fund contribute highest to its AUM
    Sponsors contributed Rs15,166 crore or 7% of the total AUM of Birla Sun Life Mutual Fund.
    by Padmaja Choudhury Jul 12, 2017
    Edelweiss Financial Services launches a multi-product platform for advisors
    Edelweiss Partners – A complete financial solutions for advisors.
    by Edelweiss Advertorial Jul 12, 2017
    Some more time to submit your feedback on investment advisor regulations
    SEBI extends the deadline to submit feedback on consultation paper on investment advisor regulations from July 14 to July 31.
    by Team Cafemutual Jul 12, 2017
    All you need to know about Category II AIFs
    Alternate investment funds are gaining popularity as investment vehicles. In this tutorial, we tell you more about the Category II of AIFs
    by Daya Ragunathan Jul 11, 2017
    MF folio count reaches close to 6 crore in June
    The industry added over 10 lakh folios last month.
    by Team Cafemutual Jul 11, 2017
    AMFI to prepare white paper with IIM Ahmedabad and NISM
    The aim is to achieve AUM of Rs95 lakh crore by 2026 and add 7 crore new MF accounts.
    by Nishant Patnaik Jul 11, 2017