Retail participation in debt funds increasing
Retail AUM in debt funds grew from Rs9,000 crore to Rs.75,000 crore.
by Padmaja Choudhury Jul 1, 2017
IAP corpus is not CSR, use it intelligently, SEBI tells AMCs
Of the Rs175 crore IAP corpus, AMFI has spent only Rs28 crore so far.
by Nishant Patnaik Jul 1, 2017
MF industry AUM to touch Rs95 lakh crore by 2025
Even if the industry grows at the current rate, it will easily achieve this magical number, says A. Balasubramanian, Chairman, AMFI, and CEO, Birla SunLife Mutual Fund.
by Nishant Patnaik Jun 29, 2017
SEBI is open to receive ideas from distributors on consultation paper on RIA
Ajay Tyagi, Chairman, SEBI, said the market regulator is open to receive suggestions from all stakeholders/AMCs, distributors and investors.
by Nishant Patnaik Jun 29, 2017
Thank you distributors, says Anil Ambani
Anil Ambani, Chairman, Reliance Group attributes the tremendous growth of the mutual fund industry to the untiring efforts of distributors.
by Nishant Patnaik Jun 29, 2017
AMFI introduces online ARN registration and renewal for distributors
Online facility will expedite the renewal process.
by Nishant Patnaik Jun 29, 2017
SBI Mutual Fund completes 30 years today
The fund house says that strong distribution network has helped them grow over this period.
by Team Cafemutual Jun 29, 2017
AMFI clarified that AMCs will deduct GST from commission from July 1
AMCs will deduct GST from commission of distributors without GST
registration.
by Nishant Patnaik Jun 29, 2017
Where do HNIs put money at market peak?
The AUM of balanced funds under HNI category grew 166% in a year.
by Padmaja Choudhury Jun 28, 2017
SEBI to regulate mutual fund rankings
The market regulator has proposed to monitor activities of fund ranking companies like Value Research and Morningstar.
by Team Cafemutual Jun 26, 2017
Banking ombudsman can impose a fine of Rs20 lakh on banks for mis-selling
In addition, banks will have to compensate their customers with Rs1 lakh if they mis-sell insurance or mutual funds.
by Team Cafemutual Jun 24, 2017
SEBI relaxes the IPO lock-in provision for private equity players
Experts said that the relaxation of the lock-in provision would help increase flexibility and provide easy exit to PE firms.
by Padmaja Choudhury Jun 23, 2017
‘Either charge a fee on financial advice or get commission on MF distribution’
SEBI has proposed to do away with the exemption given to mutual fund distributors on incidental advice. Simply put, you can call yourself IFA or wealth manager only if you are a SEBI registered RIA.
by Nishant Patnaik Jun 23, 2017
Equity funds investors prefer taking IFA route to invest
Even though investors are exploring direct plans, many investors still prefer the regular plans to invest in mutual funds.
by Padmaja Choudhury Jun 23, 2017