Appeal against SEBI on commission disclosure in SAT withdrawn
However, Jharkhand High Court will continue to hear the commission disclosure case.
by Nishant Patnaik Apr 13, 2017
Kotak MF helps IFAs to launch their own website
The fund house has collaborated with Mumbai-based Optimum Fintech to ‘Go Digital’ to help IFAs simplify operational requirements.
by Team Cafemutual Apr 11, 2017
MF assets rise 42% to Rs.17.54 lakh crore in FY 2016-17
Thanks to increasing participation of retail investors in mutual fund through SIP and mark to market gain, the industry has witnessed a healthy growth in its assets in FY 2016-17.
by Padmaja Choudhury Apr 11, 2017
Industry’s quarterly AUM up by 8%
SBI MF recorded highest growth in absolute terms by adding over Rs.16,000 crore in the fourth quarter of FY 2015-16.
by Team Cafemutual Apr 11, 2017
MF industry adds 77 lakh retail folios in FY 2016-17
Equity funds saw the highest addition in folios (48 lakh), followed by debt funds (16 lakh) and balanced funds (10 lakh).
by Team Cafemutual Apr 11, 2017
38% investors redeem their MF investment within 6 months
Sebi’s survey shows that while 4 out of 10 investors hold mutual funds for less than 6 months, the number of investors holding on to investments beyond three years is 22%.
by Team Cafemutual Apr 8, 2017
Bajaj Capital requests SEBI to introduce a separate plan for RIAs
If introduced, this plan would be cheaper than direct plans.
by Nishant Patnaik Apr 8, 2017
Newspapers and distributors are major sources of information for MF investors: SEBI
The market regulator has found that most people prefer newspapers (55%) and distributors (47%) to gather information about mutual funds.
by Team Cafemutual Apr 7, 2017
Madhabi Puri Buch joins SEBI as Whole Time Member
She will look after departments related to market intermediaries, which includes RIAs and manage NISM among other things.
by Team Cafemutual Apr 6, 2017
MFs are the most popular investment instrument amongst Indian investors: SEBI
Nearly 66% of respondents who have financial investments invest in mutual funds.
by Team Cafemutual Apr 6, 2017
Equities best asset class for FY18; 10-15% returns expected: CFA Society India
Investment community bets big on equities, finds the CFA Society India annual forecast survey.
by Team Cafemutual Apr 5, 2017
BNP Paribas MF collects Rs.240 crore in its balanced fund NFO
The fund house has received 16000 application during its NFO.
by Nishant Patnaik Apr 5, 2017
Bajaj Capital to raise funds from a private equity firm
The company beefs up its board with international and Indian experts
by Nishant Patnaik Apr 4, 2017
SEBI asks CRAs to give a month notice to MF investors before withdrawing rating
Credit rating agencies (CRAs) will have to cite appropriate reasons for such withdrawals of ratings.
by Nishant Patnaik Apr 1, 2017