UTI, Birla Sun Life and Kotak Mahindra win Asia Asset Management award 2016
Leo Puri of UTI MF was adjudged as the CEO of the year, while both Mahesh Patil (Equity) and Maneesh Dangi (Fixed Income) of Birla Sun Life MF bagged the CIO of the year award.
by Team Cafemutual Jan 20, 2017
Small decisions in life determine the ultimate destinations
Mumbai based Anup Bhaiya is a staunch believer of Karma while Gujarat based Chirag Porecha believes small decisions in life determine your ultimate destination.
by Darshita shah Jan 20, 2017
Assets of MF industry crosses Rs.17 lakh crore in 2016
AMFI’s yearly data shows that AUM of MF industry reached all time high at Rs.17.06 lakh crore in December 2016.
by Nishant Patnaik Jan 20, 2017
Distributors position innovatively the instant redemption facility in liquid funds
FundsIndia has introduced a service called ‘Super Savings Account’ by tying up with Reliance Mutual Funds to provide instant redemption facility to its clients.
by Team Cafemutual Jan 19, 2017
‘Quant based ETFs can beat active funds’
Since ICICI Securities was the advisor to the government on CPSE ETF’s FFO, we caught up with Vineet Arora, Executive Vice President, ICICI Securities to understand his perspective on ETFs, what need to be done to popularize ETFs in India and why advisers should recommend CPSE ETFs to their clients.
by Team Cafemutual Jan 18, 2017
Will we see Amitabh Bachchan, Salman Khan and Virat Kohli promoting SIPs?
SEBI allows fund houses to use celebrity for endorsements at an industry level.
by Nishant Patnaik Jan 18, 2017
Kalpen Parekh joins DSP BlackRock MF as Joint President
S Naganath to continue as President and CIO
by Team Cafemutual Jan 18, 2017
Eight men own the same wealth as half of the world
In India, the richest 1% hold 58% of the country’s total wealth, Oxfam study.
by Team Cafemutual Jan 17, 2017
‘Transition from commission to fee based model has to be gradual’
International Advisory Board of SEBI has recommended that the market should keep in mind the financial viability and business model of the advisory business before implementing this transition.
by Team Cafemutual Jan 17, 2017
In just 2 months, Birla Sun Life MF mobile app is downloaded 4 lakh times
App accounts for over 15.000 transactions of Rs. 25 crore value.
by Team Cafemutual Jan 17, 2017
After MFs, SEBI to introduce Risk-o-meter in NCDs too
SEBI feels that Risk-o-meter would provide an easy understanding of the risk involved in an issue.
by Nishant Patnaik Jan 12, 2017
SEBI relaxes registration process for fund managers to manage offshore funds
Fund managers will no longer be required to undergo tedious process to become eligible fund manager.
by Team Cafemutual Jan 11, 2017
Robo advisers to manage US$2.2 trillion by 2020 globally: Infosys
Infosys has estimated robo advisers to grow at a CAGR of 120 % till 2020.
by Team Cafemutual Jan 11, 2017
IDBI Mutual Fund launches IDBI Midcap Fund
The NFO is currently open for subscription and closes on January 19, 2017.
by Team Cafemutual Jan 10, 2017
BSE launches Star MF mobile application for distributors
Competitors NSE and MFU also have mobile applications for their empanelled distributors.
by Team Cafemutual Jan 10, 2017