Equity assets zoom, despite fall in industry AUM
The AUM fell due to quarter-end redemptions in June.
by Padmaja Choudhury Jul 8, 2017
NPS revamps itself
PFRDA has added new features to simplify investments in NPS.
by Team Cafemutual Jul 7, 2017
SEBI asks for feedback on instant redemption and e-wallet facility
While instant redemption is getting popular among investors, e-wallet transaction finds few takers, say MF officials.
by Nishant Patnaik Jul 7, 2017
Should you recommend close-end funds focussing on GST theme?
A few large fund houses – ICICI Prudential MF, HDFC MF and Birla Sun Life MF – have come out with close-end equity funds having exposure to stocks that are likely to gain from GST.
by Padmaja Choudhury Jul 7, 2017
Mirae Asset MF crosses Rs.10,000 crore mark AUM
The fund house witnessed triple fold increase in its AUM since March.
by Team Cafemutual Jul 6, 2017
SEBI chief asks fund managers to be careful while deploying people’s money
Ajay Tyagi believes that this is testing time for fund managers due to adequate liquidity in the market.
by Nishant Patnaik Jul 6, 2017
Top 10 fund houses account for 80% of industry’s debt AUM
Debt AUM of the top 10 fund houses stood at Rs9.60 lakh crore in FY 2016-17.
by Padmaja Choudhury Jul 6, 2017
No hiccups in transitioning to GST
Many advisors have upgraded their systems and processes to comply with GST norms.
by Daya Ragunathan Jul 5, 2017
Industry AUM up 7% in last quarter, most AMCs register growth
While Kotak Mahindra MF crosses milestone AUM of Rs1 lakh crore, Axis MF overtakes IDFC MF to become the 10th largest fund house.
by Nishant Patnaik Jul 5, 2017
‘AIFs can help advisors cater to diverse needs of HNIs’
Nalin Moniz - Chief Investment Officer - Alternative Equity of Edelweiss , talks to Cafemutual on why advisors should consider adding AIFs to their offerings and why HNIs’ appetite for AIFs is growing.
by Nishant Patnaik Jul 5, 2017
‘MF industry needs 20 lakh distributors to grow’
Industry needs at least tenfold increase in distributors to increase penetration and broaden the customer base.
by Padmaja Choudhury Jul 4, 2017
Ajit Menon quits Tata Mutual Fund
He is likely to join a private sector fund house.
by Nishant Patnaik Jul 4, 2017
ABC of alternative investment funds
Let us discover what AIFs are.
by Edelweiss Feature Jul 4, 2017
Commissions of top 20 mutual fund distributors go up by 43 per cent
The top 20 mutual fund distributors garner close to Rs3,100 crore as commission in FY 2016-17.
by Nishant Patnaik Jul 3, 2017
MF industry adds 10,000 new distributors in FY 2016-17
The number of distributors shot up to 85,918 last fiscal.
by Padmaja Choudhury Jul 3, 2017