Govt. committee to see if PFRDA can regulate pension products of AMCs and insurers
PFRDA has sought clarification from the government to know if it can regulate the pension schemes which come under the purview of other financial regulators like SEBI and IRDAI.
by Nishant Patnaik Dec 5, 2016
AMCs want clarification on RIA license for their advisory services
Advisory services under AMCs include onshore and offshore advisory services where fund managers provide investment advisory services to their clients.
by Nishant Patnaik Dec 3, 2016
'SEBI is willing to help and address all queries of advisers wanting to become RIAs'
Dilshad Billimoria of Dilzer Consultants shares her experience of being an RIA and why advisers must not be reluctant to adapt to this change.
by Banali Banerjee Dec 3, 2016
MF distributors should be allowed to provide incidental advice: AMFI
Also, AMFI has recommended that Individual RIAs should be allowed to continue to provide execution services.
by Nishant Patnaik Dec 2, 2016
Edelweiss Financial Services launches its robo advisory platform
Edelweiss Guided Portfolios (Edelweiss GPS) designs mutual fund portfolio for SIP investors.
by Team Cafemutual Dec 2, 2016
BSE starts levying transaction fee on its BSE Star MF platform
The transaction fee ranges from Rs. 6 to Rs 30 depending on the number of transactions.
by Team Cafemutual Dec 1, 2016
Why is there a dearth of women professionals in investment management?
Only 10% of investment management professionals in India are women, finds a CFA Institute study. Read on to find out the reasons behind the underrepresentation of women in this profession and how to attract and retain them.
by Banali Banerjee Nov 30, 2016
SEBI imposes a fine of Rs. 10 lakh on Franklin Templeton MF
The market regulator has found that the fund house had constituted an ‘informal investment committee’ and had an international CIO in this group which was found to be in violation of SEBI rules.
by Team Cafemutual Nov 30, 2016
MF AUM to reach Rs. 31 lakh crore by 2020: KPMG
The growth will be driven by distribution channels, says the report.
by Nishant Patnaik Nov 29, 2016
Relief for MFs, CBEC removes ‘securities’ from the definition of goods in draft GST Bill
Industry experts believe this will give a boost to the capital markets as buying and selling of shares will not be subject to levy of any taxes.
by Banali Banerjee Nov 29, 2016
Now, distributors can open CAN online on MF Utility
With eCAN, distributors and investors can fill the CAN registration data online on MFU website and submit electronically.
by Team Cafemutual Nov 28, 2016
SEBI eases investment norms for Angel Funds
The market regulator has reduced the minimum ticket size in Angel Funds from Rs. 50 lakh to Rs.25 lakh.
Posted on Nov 28, 2016
AMFI requests government to keep service tax rate at 12% for MFs
The industry body has also requested the GST Commissioner to exclude ‘securities’ from the definition of services and provide centralized registration.
by Nishant Patnaik Nov 26, 2016
India’s top 1% possess 58% of country’s wealth: Credit Suisse
India has 2.48 lakh adults in the top 1% of global wealth holders, shows Credit Suisse wealth Report 2016.
by Team Cafemutual Nov 25, 2016
