IDFC Financial Holding buys Natixis Global’s stake in IDFC AMC for Rs.244 crore
In 2010, Natixis Global had acquired 25% stake in IDFC AMC for an undisclosed amount.
by Team Cafemutual Mar 7, 2017
NPS AUM touches Rs.1.70 lakh crore
The total subscriber base has increased to 1.50 crore.
by Rosevina Gonsalves Mar 6, 2017
IFAs are the SIP kings
IFAs and national/regional distributors command 79% of new SIP registrations and 77% of live SIP accounts.
by Daya R Mar 4, 2017
Now, NPS subscribers can change asset allocation twice a year
PFRDA provides flexibility to NPS subscribers.
by Team Cafemutual Mar 3, 2017
L&T MF ties up with Mumbai dabbawalas to spread awareness on ELSS
Now lunch boxes in Mumbai will have a message ‘Has tax made you lose your appetite?’
by Team Cafemutual Mar 3, 2017
UTI AMC forays into AIF space, launches private debt fund
Hires a new team to establish this business vertical under UTI Capital.
by Team Cafemutual Mar 3, 2017
Mirae Asset launches Mirae Asset Dynamic Bond Fund
NFO is currently open for subscription and closes on March 17.
by Team Cafemutual Mar 3, 2017
PFRDA to train intermediaries to drive NPS
The pension fund regulator has appointed IL&FS Skill Development Corporation to enhance skills of retirement advisors and POPs.
by Team Cafemutual Mar 2, 2017
Ajay Tyagi takes charge as the new SEBI Chief
He has succeeded UK Sinha.
by Team Cafemutual Mar 2, 2017
MFs will have to provide exit option to investors if they invest in REITs and InvITs
No exit load is to be charged if an investor decide to move out of scheme for the first 15 days from the date of announcement.
by Team Cafemutual Mar 1, 2017
Airtel to distribute insurance policies through its payments bank
The company is planning to start with the distribution of insurance policies and credit cards, which will be followed by mutual funds later.
by Priyaa Venkataraman Mar 1, 2017
Sovereign Gold Bond Scheme now open
IFAs can earn a healthy commission of up to 1% on SGBS.
by Team Cafemutual Mar 1, 2017
GST to roll out from July 1: will impact MF industry
Economic Affairs Secretary Shaktikanta Das has today said that GST would be implemented by July 1, 2017.
by Nishant Patnaik Feb 28, 2017
India home to 2.36 lakh HNIs
Number of HNIs has increased by 55% in 8 years.
by Daya R Feb 28, 2017
