BNP Paribas MF joins MF Utility
With the addition of BNP Paribas Mutual Fund, the AUM of the funds participating in MF Utility is close to 94% of the industry.
by Team Cafemutual Jan 2, 2017
Essel Finance launches Essel Mutual Fund
The company aims to reach Rs.15,000 crore AUM within a year.
by Team Cafemutual Jan 1, 2017
HDFC MF to come out with its third HDFC Charity Fund for Cancer Cure
In the third series, the fund house is coming out with two plans –
arbitrage plan and debt plan.
by Team Cafemutual Dec 30, 2016
RIAs cannot ask for profit-sharing fees: SEBI
SEBI has clarified that RIAs cannot charge an additional fee which is
over and above investment advisory fees.
by Nishant Patnaik Dec 29, 2016
Soon, a single ombudsman to resolve complaints against all financial entities
No fee will be charged to consumers for resolving their grievances.
by Ravi Samalad Dec 28, 2016
AMFI urges AMCs and distributors to comply with new CKYC norms
AMFI has requested all KYC Registration Agencies (KRAs) to capture the additional KYC information like mother’s name, maiden name and FATCA details on their platforms.
by Ravi Samalad Dec 28, 2016
Now, buy mutual funds through UPI wallet
LIC MF and IDFC MF have introduced a new mode of payment through which investors can invest in mutual funds through e-payment wallets like Unified Payment Interface (UPI).
by Nishant Patnaik Dec 28, 2016
PFRDA to train intermediaries to drive NPS
The regulator will appoint two training institutes to enhance skills of
retirement advisors and POPs.
by Team Cafemutual Dec 27, 2016
SEBI unlikely to allow MF distributors to offer incidental advice
The market regulator may increase the transition period to become an RIA from 3 years to 5 years.
by Nishant Patnaik Dec 27, 2016
‘Biographies reveal the untold stories’
Pune based advisor Abhay Dandekar says biographies motivate and inspire him while Mumbai based advisor Deepali Sen believes philosophical books makes her understand life better.
by Darshita Shah Dec 26, 2016
AMFI bats for Mutual Fund Linked Retirement Plan (MFLRP)
AMFI has sent its budget wish list to the Ministry of Finance. Among other things, it is believed to pitch for the launch of mutual fund retirement plan with tax incentives in line with NPS.
by Nishant Patnaik Dec 24, 2016
SEBI extends deadline to seek views on alternative investment committee report
The N. R. Narayana Murthy headed committee has recommended
a host of measures to develop the AIF industry.
by Team Cafemutual Dec 23, 2016
