UTI AMC raises commitment of Rs.480 crore in its private debt fund
UTI Capital, a subsidiary of UTI AMC has announced the first close of UTI Structured Debt Opportunities Fund.
by Team Cafemutual Nov 22, 2017
Over 8,000 new distributors join MF industry in six months
The growing popularity of mutual funds has attracted many people to take up mutual fund distribution as a profession.
by Padmaja Choudhury Nov 21, 2017
Bharat 22 ETF gets overwhelming response from investors
ICICI Prudential Mutual Fund received application worth Rs.32,000 crore, four times the issue size of Rs.8000 crore.
by Nishant Patnaik Nov 21, 2017
International investment opportunities for your clients
Here are the four investing opportunities for your clients who want to take exposure to international markets.
by Padmaja Choudhury Nov 20, 2017
IDFC MF, Aditya Birla Sun Life MF top CRISIL performance index
While equity schemes of Aditya Birla Sun Life MF & debt funds of IDFC MF topped the CRISIL performance index in the September quarter. Overall, IDFC MF led the CRISIL performance index across all categories in the September quarter.
by Team Cafemutual Nov 18, 2017
Kotak MF employees turn brand ambassadors in SIP campaign
Kotak Mutual Fund has launched a SIP campaign in which its fund managers and sales head will encourage people to invest in mutual funds through SIP.
by Team Cafemutual Nov 17, 2017
India will be home to 3.70 lakh dollar millionaires by 2022: Credit Suisse Report
Currently, there are 2.45 lakh millionaires in India, says the report.
by Team Cafemutual Nov 16, 2017
PMS assets excluding EPFO touch Rs.4.20 lakh crore in September
Portfolio managers witness 12% AUM growth in the first six months of FY 2017-2018 largely due to growth in assets of non-discretionary PMS.
by Team Cafemutual Nov 16, 2017
GST registered IFAs earning less than Rs.20 lakh can file “NIL” returns: GST helpline
A few compliance officials who have spoken to GST helpline officials told Cafemutual that mutual fund distributors having GST registration and earning less than Rs.20 lakhs, have an option to file NIL returns.
by Nishant Patnaik Nov 15, 2017
Should you recommend housing fund to your clients?
HDFC Mutual Fund will launch industry’s first housing focussed fund, HDFC Housing Opportunities Fund on Nov 16.
by Padmaja Choudhury Nov 13, 2017
Demonetisation has helped MF industry grow its assets by 45%: Finance Ministry
Overall, gross financial savings has increased by 48%.
by Team Cafemutual Nov 11, 2017