Government to penalise distributors for not obtaining GST registration
Distributors earning over Rs20 lakh a year, or selling schemes of fund houses based outside the home state, will have to take GST registration by July 30, 2017.
by Nishant Patnaik Jul 18, 2017
Top 15 AMCs constitute 95% of the total industry folio
The total folio count of the top 15 fund houses increased from 4.22 crore to 5.29 crore in FY 2016-17.
by Padmaja Choudhury and Nishant Patnaik Jul 17, 2017
Here is a collection of real life stories of clients
Mumbai-based RIA Steven Fernandes, of Proficient Financial Planners, has authored a book titled ‘There is always a financial solution’.
by Daya Ragunathan Jul 15, 2017
S. Naren to manage ICICI Prudential’s flagship schemes after Gunwani’s exit
Manish Gunwani leaves ICICI Prudential MF.
by Team Cafemutual Jul 15, 2017
ICICI Securities introduces factor-based portfolios
The company claims that they are the first to introduce this facility in India.
by Daya Ragunathan Jul 15, 2017
Top 10 AMCs paid gross commission of Rs4,000 crore last fiscal
ICICI Prudential Mutual Fund paid the highest commission of Rs738 crore to its distributors in FY 2016-2017
by Padmaja Choudhury Jul 13, 2017
Sponsors of Birla Sun Life Mutual Fund contribute highest to its AUM
Sponsors contributed Rs15,166 crore or 7% of the total AUM of Birla Sun Life Mutual Fund.
by Padmaja Choudhury Jul 12, 2017
Edelweiss Financial Services launches a multi-product platform for advisors
Edelweiss Partners – A complete financial solutions for advisors.
by Edelweiss Advertorial Jul 12, 2017
Some more time to submit your feedback on investment advisor regulations
SEBI extends the deadline to submit feedback on consultation paper on investment advisor regulations from July 14 to July 31.
by Team Cafemutual Jul 12, 2017
All you need to know about Category II AIFs
Alternate investment funds are gaining popularity as investment vehicles. In this tutorial, we tell you more about the Category II of AIFs
by Daya Ragunathan Jul 11, 2017
MF folio count reaches close to 6 crore in June
The industry added over 10 lakh folios last month.
by Team Cafemutual Jul 11, 2017
AMFI to prepare white paper with IIM Ahmedabad and NISM
The aim is to achieve AUM of Rs95 lakh crore by 2026 and add 7 crore new MF accounts.
by Nishant Patnaik Jul 11, 2017
Axis MF launches dynamic asset allocation fund
The fund house will not just consider price-to-earnings ratio in selecting its asset allocation, it will also take into account market trend and volatility.
by Daya Ragunathan Jul 11, 2017
‘Rs95 lakh crore AUM is possible if MF industry reaches out to B15 cities’
Though the industry doubled its AUM from B15 cities in four years much more needs to be done to increase the penetration of mutual funds.
by Team Cafemutual Jul 10, 2017
