Demystifying the concept of mutual funds through digital media
DSP BlackRock MF has launched a website to spread financial awareness among people.
by Nishant Patnaik Nov 17, 2016
MF industry has 2 crore unique investors, to reach 9 crore in 5 years: AMFI
AMFI wants to reach out to at least 9 crore investors in the next five years.
by Nishant Patnaik Nov 17, 2016
AMFI requests RBI to leverage MF network to help people exchange or deposit currency
The industry has close to 2000 branches across the country.
by Banali Banerjee Nov 16, 2016
HNIs assets to cross US$ 2.30 trillion in India by 2020: Julius Bär
Currently, Indian HNIs have combined wealth of over US$1.45 trillion, claims Julius Bär Wealth Management report.
by Nishant Patnaik Nov 16, 2016
SEBI asks AMCs, R&Ts and RIAs to upload KYC data on central KYC platform
This will pave way for a single KYC which will suffice to invest in all financial products.
by Team Cafemutual Nov 15, 2016
NPS assets rise, crosses Rs 1.50 lakh crore mark
The total subscriber base has crossed 1 crore as on October 2016.
by Team Cafemutual Nov 15, 2016
Essel Finance Management acquires Peerless Mutual Fund
The transaction will be completed once all regulatory approvals have been obtained.
by Team Cafemutual Nov 10, 2016
‘The proposed period of three years should be enough for IFAs to shift from commission to fees’
Vishal Dhawan of Plan Ahead Advisors shares his experience of being an RIA.
by Banali Banerjee Nov 10, 2016
Small MF distributors should be exempted from RIA regulations: COFP
Bangalore based Council of Financial Planners (COFP) has sent its recommendations to SEBI on the consultation paper.
by Team Cafemutual Nov 10, 2016
Indians expect to live for an average of 22 years in retirement
Increases in longevity may result in individuals needing to work longer in order to adequately fund retirement
by Team Cafemutual Nov 10, 2016
PFRDA raises equity exposure in NPS to 75%
NPS subscribers now have two more choices of funds to invest – Aggressive and Conservative Life Cycle Funds.
by Team Cafemutual Nov 10, 2016
Equity funds category adds over 5.50 lakh folios in October
The total folio count across all categories in October 2016 is close to 5.12 crore.
by Team Cafemutual Nov 10, 2016
G Mahalingam is the new Whole-Time Member at SEBI; to look at MFs
Mahalingam replaces Prashant Saran who was heading investment management division which includes mutual funds.
by Team Cafemutual Nov 10, 2016
