Big relief to mutual fund distributors: No GST until March 2018
The GST council defers implementation of reverse charge mechanism (RCM) until March 2018.
by Nishant Patnaik Oct 7, 2017
SEBI comes out with uniform definitions for mutual fund schemes
The market regulator has broadly divided mutual funds into five categories – equity funds, debt funds, hybrid funds, solution oriented funds and other funds.
by Nishant Patnaik Oct 7, 2017
‘Indian markets might no longer provide linear investment opportunities, expect dispersion in earnings profile’
Ritesh Jain, CIO, BNP Paribas MF believes that growth opportunities are not evenly distributed across the market but are available in select sectors.
by Nishant Patnaik Oct 6, 2017
SEBI wants fund houses to reduce TER
The market regulator wants fund houses to shrink TER so that retail investors get better deal.
by Nishant Patnaik Oct 6, 2017
The best advice I have ever received
Meet the winners of ‘Principal Business Champions – Best advice’.
by Team Cafemutual Oct 6, 2017
India home to 2.19 lakh HNIs: Capgemini report
The number of HNIs increased from 2 lakh in 2015 to 2.19 lakh in 2016, a growth of 10%.
by Rosevina Gonsalves Oct 5, 2017
Performance linked investment management fee picks up globally
Two leading global investment houses – Fidelity International and Allianz Global Investors have linked their management fees with the performance of their active schemes.
by Nishant Patnaik Oct 5, 2017
MF industry quarterly AUM touches Rs.21 lakh crore
Industry AUM up 7% in last quarter, most AMCs register growth.
by Nishant Patnaik Oct 5, 2017
PFRDA to impose penalty on advisors for delaying service requests
Intermediaries like Point of Presence – Service Providers (POP-SP) and Retirement Advisers (RAs) will have to compensate their clients if they delay KYC verification, execution and update service requests.
by Rosevina Gonsalves Oct 4, 2017
SEBI may take time to finalize ‘fee vs commission’ issue
The market regulator has been evaluating global advisory practices to understand the implications of the proposed RIA regulations in India.
by Nishant Patnaik Oct 4, 2017
SEBI asks hedge fund managers to share their investment details in commodity derivatives
In June, the market regulator had allowed hedge funds to invest in commodity derivatives.
by Team Cafemutual Oct 4, 2017
‘We have not created Shubhchintak to access client data and cross-sell direct plans’
Karan Datta, Chief Business Officer, Axis Mutual Fund talks to Cafemutual on Shubhchintak.
by Nishant Patnaik Sep 30, 2017
What’s the new flavour with wealth managers?
HNIs need complex financial products such as alternative investments, structured products and artwork.
by Rosevina Gonsalves Sep 28, 2017