MF News

The industry body has also requested the GST Commissioner to exclude ‘securities’ from the definition of services and provide centralized registration.

India has 2.48 lakh adults in the top 1% of global wealth holders, shows Credit Suisse wealth Report 2016.

Through this campaign the fund house aims to engage and educate over 1 crore Indians.

With the help of ratings, investors would get an idea of where their other current holdings stand, in relation to category peers.

Fund houses will have to send a notice to investors to take exposure to derivative instruments.

The market regulator found that Indore based RIA firm - CapitalVia has charged exorbitant fees from clients. In one such instances, the company had charged an annual advisory fee of Rs.24.59 lakh from a client who had invested only Rs.6-10 lakh with the firm.

Badshah will join Invesco MF as Head - Equities.

Asia Index is a joint venture between S&P Dow Jones and BSE.

Kavitha Menon and A K Narayan talk about the books which helped them in their practice.

AMFI may take up this issue in the upcoming board meeting to be held on December 13.

Continuing with our series on RIAs, Yogin Sabnis, Founder of VSK Financial Consultancy shares his experience of being an RIA.

C VR Rajendran, the current AMFI CEO is likely to take up this new role. However, the final appointment could take some more time.

This will come into effect from December 1, 2016.

Kalpen is the managing director of sales and marketing at IDFC MF.

In India, 33% of working age women are concerned about the impact of poor health on healthcare expenses in retirement.