IFAs are the SIP kings
According to CAMS data, IFAs have created over 11 lakh new SIP accounts between January and June 2017.
by Team Cafemutual Sep 11, 2017
SEBI asks R&T agents to maintain a robust cyber security system
The capital market regulator has asked Registrar and Transfer (R&T) agents to incorporate multi-level encryptions and firewalls ensuring safety of data.
by Team Cafemutual Sep 9, 2017
MF industry crosses 6 crore folios in August
Overall, the industry has added 14 lakh folios last month of which 10 lakh were equity folios.
by Team Cafemutual Sep 8, 2017
New regulations permitting AIFs to invest in commodities market
Hedge fund managers can invest in commodity derivative markets.
by Edelweiss Feature Sep 8, 2017
Equity funds receive record inflows of Rs.31,000 crore in August
Overall, the total AUM of the MF Industry crossed Rs.20 lakh crore milestone for the first time to reach Rs.20.59 lakh crore in August.
by Padmaja Choudhury Sep 8, 2017
LIC MF introduces instant redemption facility in its liquid fund
Investors can redeem 90% of their investments or up to Rs.50,000 through this facility.
by Team Cafemutual Sep 7, 2017
The referral marketing champions
Meet the winners of ‘Principal Business Champions – Winning Ideas’ who shared their secrets on the art of attracting referrals.
by Team Cafemutual Sep 7, 2017
A single license for distributors to sell MFs, insurance and NPS: RBI committee
RBI committee suggests uniform guidelines for advisors across all financial products
by Rosevina Gonsalves and Nishant Patnaik Sep 6, 2017
IDFC MF introduces ‘insta-redemption facility’ in its liquid fund
Your clients can withdraw up to Rs.50,000 from liquid fund under this facility.
by Team Cafemutual Sep 6, 2017
AMFI asks R&T agents to take investors consent before linking Aadhaar to MF folios
AMFI will release a guidance note for R&T agents soon.
by Nishant Patnaik Sep 6, 2017
Scheme mergers in the MF industry pick up
Lack of investment opportunities, small AUM, underperformance of funds, tax-friendly structure are some of the reasons for these mergers.
by Padmaja Choudhury Sep 6, 2017
Liquid funds deliver 2% extra post tax returns than savings bank accounts: ICRA
In fact, the difference of return between savings accounts and liquid funds can go up to 3% pre tax.
by Team Cafemutual Sep 4, 2017
SEBI to come out with uniform definitions for mutual fund schemes
This will push fund houses to de-duplicate their multiple offerings within the same category.
by Nishant Patnaik Sep 2, 2017
The man who conceptualized direct plan in mutual funds in India, Ajit Dayal resigns
Jimmy Patel is the new Managing Director and Chief Executive Officer of Quantum Mutual Fund.
by Team Cafemutual Sep 1, 2017
Kailash Kulkarni is the new Vice Chairman of AMFI
A Balasubramanian continues to be the AMFI Chairman
by Nishant Patnaik Sep 1, 2017
