e-commerce distribution of mutual funds may take some more time
SEBI Chief Ajay Tyagi said that the market regulator is currently not thinking about e-commerce distribution in mutual funds.
by Nishant Patnaik May 29, 2017
S Naganath quits DSP BlackRock Mutual Fund
Kalpen Parekh is the new President of the fund house.
by Nishant Patnaik May 27, 2017
Retail participation in liquid funds shoots up by 42% in FY 2016-17
With lower interest rate on traditional investments, risk-averse investors are putting money in liquid funds.
by Padmaja Choudhury May 26, 2017
IIFL AMC raises Rs.1800 crore in its alternative investment fund
IIFL AMC plans to raise a total of $600 million under its pre-IPO based funds.
by Padmaja Choudhury May 26, 2017
Should you worry about downgrade of IDBI AT-1 bond?
A few large fund houses have exposure to this bond.
by Padmaja Choudhury May 26, 2017
UTI AMC set to hit IPO market
It will be the second fund house to get listed in India.
by Rosevina Gonsalves May 25, 2017
SEBI allows fund houses to invest in securities of IFSC
International Financial Services Centre (IFSC) is somewhat like Special Economic Zone where companies follow international practices.
by Nishant Patnaik May 25, 2017
Birla Sun Life MF was no. 1 in net inflows in Apr-Dec 2016
The fund house receives highest inflows of Rs.39,774 crore in April-December 2016, shows the latest SEBI data.
by Padmaja Choudhury May 25, 2017
‘GST would not have significant impact on equity markets’
A few fund managers to whom we spoke to said that markets have already factored in implementation of GST.
by Padmaja Choudhury May 23, 2017
Pension fund managers can now invest NPS corpus in REITS and InvITs
PFRDA has allowed them to invest up to 5% of NPS corpus in such instruments.
by Team Cafemutual May 23, 2017
Retail investors constitute half of MF industry’s AUM
Increased investor awareness and sustained inflows through SIPs lead to higher retail participation.
by Padmaja Choudhury May 21, 2017
Service tax liability of distributors goes up to 18%
However, the new tax rule has exempted distributors earning up to Rs.20 lakh from paying GST, say tax experts.
by Nishant Patnaik May 21, 2017
PE firms eye majority stake in Karvy Computershare
Blackstone and General Atlantic are in a race to buy a majority stake in the R&T company.
by Team Cafemutual May 20, 2017
UTI MF introduces a facility to help investors provide financial support to parents
The fund utilizes SWP proceeds to transfer the amount directly to the bank account of a father or mother.
by Padmaja Choudhury May 20, 2017
Top 10 fund houses account for 80% of B15 assets
Of the total B15 assets of 3.09 lakh crore, Rs.2.42 lakh crore is with the top 10 AMCs.
by Rosevina Gonsalves May 20, 2017
