MF News

The total investor base of the industry increased from 5.20 crore in November to 5.28 crore in December, largely due to growth in equity folios.

For liquid schemes, the cut off time has been extended from 1 pm to 1.30 pm.

BSE to continue to levy transaction charges on AMCs.

Thanks to sustained inflow through SIPs, equity funds have received net inflow of Rs. 45,781 crore year to date (YTD).

Kotak Mahindra MF has introduced a flexi SIP facility in which the amount of SIP is decided on the basis of trailing PE of Nifty 50 Index.

While the track record of CPSE ETF looks attractive will it be able to live up to its expectations?

BSE has recently started levying transaction fee on AMCs for transactions initiated by distributors through its BSE Star MF platform.

Ramesh Bhat says that successful advisors should listen more and Yogita Dand found out that around 10,000 hours of work is needed to become an expert in any field.

In 2014, SEBI had raised the net worth requirement of AMCs from Rs. 10 crore to Rs. 50 crore.

From Rs. 16.10 lakh crore, the industry’s asset base jumped to Rs. 16.93 lakh crore in December quarter.

Investors can evaluate and invest in mutual funds within minutes through BankBazaar’s platform, claims the company.

Interestingly, over 60% of direct plan investors have redeemed their investment from equity funds within 3 months in volatile market, says a Karvy report.

Countries with fee model had average expense ratio of 2.77% whereas countries with commission model had average expense ratio of 2.02%, finds a Foundation of Independent Financial Advisors (FIFA) study.

In its budget wish list sent to the Ministry of Finance, PFRDA has also sought clarification on whether it can regulate pension fundsoffered by mutual funds and life insurance companies.

Fund managers can now allocate money in future and options (F&O) stocks more efficiently, say fund managers.