Mutual funds collect Rs44,000 crore in FY 2016-17 through SIPs
Currently, the industry has 1.35 crore active SIP accounts
by Rosevina Gonsalves Apr 24, 2017
Non-FATCA compliant MF investors cannot make transactions from May 1
The Ministry of Finance has issued a circular instructing financial institutions, like mutual funds, insurance companies and banks, to ensure FATCA compliance before April 30, 2017
by Nishant Patnaik Apr 24, 2017
Net inflows increased last fiscal, so did gross redemption
Gross redemptions from pure equity funds increased by 65% to 1.44 lakh crore last fiscal
by Padmaja Choudhury Apr 21, 2017
Online transaction platforms gaining traction
Value of transaction through online platforms like BSE Star MF, NSE NMFII and MF Utility went up significantly in FY 2016-17
by Nishant Patnaik Apr 21, 2017
Should IFAs advise clients to go for ETFs?
ETF as an asset class is still undeveloped in India. Read on to find out how financial professionals advise clients on ETFs.
by Padmaja Choudhury Apr 20, 2017
Emerging fund houses too are going strong
The AAUM of many emerging fund houses is increasing at a significant pace.
by R Daya Apr 20, 2017
Tata Mutual Fund revises management of some of its funds
Gopal Agrawal and Murthy Nagarajan were recently appointed as CIO-Equities and head of fixed income respectively by Tata MF. Effective Apr 17, the fund houses revises the management of few of its equity schemes.
by Team Cafemutual Apr 19, 2017
Investor behaviour varies with region: SEBI
SEBI Investor Survey 2015 reveals that while 51% of respondents, who have financial investments, hail from the west, only 7% are from the south.
by R Daya Apr 19, 2017
AMFI requests govt. to keep service tax rate at 12% in mutual funds
The finance ministry reportedly called upon trade bodies two weeks ago to discuss implementation of goods and services tax.
by Nishant Patnaik Apr 18, 2017
Mahindra MF launches two funds
Mahindra MF will launch two open-ended schemes – Bal Vikas Yojana and Badhat Yojana on April 20
by Team Cafemutual Apr 18, 2017
28 per cent of inflows in equity funds is from balanced funds
Of net inflows of Rs1.30 lakh crore in equity fund category, Rs36,610 crore has come through balanced funds in FY 2016-17
by Padmaja Choudhury Apr 18, 2017
Uncertainty in returns keeps investors away from MFs
SEBI has found that 33% households prefer not to invest in mutual funds because they are not sure their money will be safe
by Daya R Apr 18, 2017
‘MF industry should encourage insurance agents to extend distribution footprint’
Rajesh Patwardhan, Chief Marketing Officer, LIC Mutual Fund, talks to Cafemutual on how his company has doubled its AUM over the last one year
by Nishant Patnaik Apr 15, 2017
PMS assets excluding EPFO touch Rs3.75 lakh crore in FY 2016-17
Portfolio managers witness 18% AUM growth in 2016-17, which was largely because of growth in assets of non-discretionary PMS
by Padmaja Choudhury Apr 15, 2017
SEBI chief to meet mutual fund CEOs on April 25 to discuss industry issues
SEBI will discuss larger policy issues for the development of the industry
by Nishant Patnaik Apr 15, 2017
