United Forum approaches Bombay High Court on service tax issue
Distributors are mulling the possibility of passing on the service tax burden to mutual fund investors.
by Nishant Patnaik Feb 14, 2017
SEBI to go digital to spread financial awareness
SEBI in its budget for the year 2017-18 has decided to go digital to spread awareness about mutual funds.
by Daya R Feb 14, 2017
FM appreciates tremendous growth in MF industry
Finance Minister Arun Jaitley appreciates of the growth in mutual fund industry at the recent SEBI board meeting in Mumbai.
by Team Cafemutual Feb 14, 2017
Ajay Tyagi chosen as the new SEBI chief
Tyagi will succeed UK Sinha.
by Team Cafemutual Feb 11, 2017
One-third of inflows in equity funds is from arbitrage funds
Of net inflows of Rs.46,000 crore in equity funds, Rs.15,000 crore has come through arbitrage funds in April-December 2016.
by Priyaa Venkataraman Feb 9, 2017
Debt funds stand to gain from linking of small savings rates with markets
Experts feel that reduction in rates of small saving schemes will nudge investors towards MF fixed income schemes.
by Nishant Patnaik Feb 9, 2017
Average MF ticket size of retail segment is Rs.1.55 lakh
Overall, the average ticket size of the MF industry is Rs.3.12 lakh.
by Nishant Patnaik Feb 9, 2017
Bye to duration, welcome accrual
With RBI’s monetary policy going from accommodative to neutral, experts feel that advisors should recommend accrual funds to their clients.
by Daya R Feb 9, 2017
MF industry adds 7 lakh folios in January
Active participation by retail investors makes the folio count go up from Rs.5.28 crore in December to Rs.5.35 crore in January.
by Team Cafemutual Feb 8, 2017
MF industry AUM reaches all-time high of Rs.17.37 lakh crore in January
Equity funds including ETFs and balanced funds add close to Rs.15, 000 crore in January.
Posted on Feb 7, 2017
‘No major impact of withdrawal of RGESS tax benefits on MF industry’
Industry experts remain indifferent to the proposal to withdraw tax benefits from RGESS in the draft Finance Bill 2017, Cafemutual finds out why.
by Priyaa Venkataraman Feb 7, 2017
B15 assets on the rise, reach Rs. 2.86 lakh crore
In terms of growth in percentage, B15 cities have overtaken T15 cities. In fact, it has recorded a growth of 33% in the calendar year 2016 as against 25% in T15.
by Daya R Feb 4, 2017
DHFL Pramerica MF launches a digital campaign to spread awareness on ELSS
Pitches its Tax Saver Fund to help investors’ #unlockwithELSS.
by Team Cafemutual Feb 4, 2017
Fund houses can now apply for registration online with SEBI
This facility is expected to save time and effort of the applicants.
by Team Cafemutual Feb 2, 2017