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  • MF News

    AMFI to scout for new CEO as Rajendran joins Catholic Syrian Bank
    Rajendran had stepped down as the CEO of AMFI last week.
    by Nishant Patnaik Dec 23, 2016
    NPS account opening becomes paperless with Aadhaar based e-kyc
    PRFDA does away with the requirement of sending physical applications for NPS accounts opened with Aadhaar based e-kyc.
    by Team Cafemutual Dec 23, 2016
    Shashi Singh joins IIFL Wealth & AMC as partner
    Shashi will be responsible for business development and sales & distribution for IIFL AMC.
    by Team Cafemutual Dec 22, 2016
    Nine players seek license to manage NPS
    Two new pension fund managers – DSP BlackRock and Birla Sun Life have applied for NPS license.
    by Team Cafemutual Dec 22, 2016
    After e-commerce, PE investors eye wealth management firms
    ASK Wealth is believed to have raised Rs. 850 crore from US based PE firm Advent International.
    by Nishant Patnaik Dec 22, 2016
    Bharosa Club launches mutual fund portfolio check for investors
    MF investors can evaluate their portfolio by keying in details of their existing funds.
    by Team Cafemutual Dec 22, 2016
    Individual wealth in India expected to touch Rs. 558 lakh crore by FY21: Karvy
    Of the total Rs. 304 lakh crore wealth currently held by individual investors, Rs. 172 lakh crore is held in financial assets while Rs. 132 lakh crore is invested in physical assets.
    by Team Cafemutual Dec 20, 2016
    Just 4% of financial savings is in mutual funds: Karvy
    Appetite for direct equity is declining among Indian investors, says Karvy Wealth Report 2016
    by Nishant Patnaik Dec 17, 2016
    Beware of unsolicited trading tips offering guaranteed returns: SEBI
    SEBI has cautioned people not to fall prey to misleading advertisements and phone calls assuring guaranteed profits.
    by Team Cafemutual Dec 17, 2016
    ‘This book helped me embrace change both personally and professionally’
    D. Muthukrishnan shares how reading Warren Buffet’s letters made him a better investor and Pankaj Mathpal talks about the book which motivated him to embrace change in his life.
    by Darshita Shah Dec 17, 2016
    ‘Fauja Singh is my inspiration to run’
    l finished the full marathon in 4 hr 18 min which is a respectable time for a first timer, says Raghvendra Nath, Managing Director, Ladderup Wealth Management.
    by Ravi Samalad Dec 16, 2016
    Now, SIP without NACH mandate
    BSE StAR MF Platform has introduced a service through which IFAs can start SIPs for their clients without any paperwork.
    by Nishant Patnaik Dec 16, 2016
    UHNWIs likely to pass on US$3.9 trillion to the next generation in 10 years
    The average UHNWI is nearly 60 years old. Given that over 60% of these individuals are wealthy due to a self-made business, many will be considering the transfer of significant wealth for the first time.
    by Team Cafemutual Dec 16, 2016
    Equity funds add close to five lakh folios in November
    Equity funds saw the highest addition in folios (4.95 lakh), followed by balanced funds (1 lakh), ELSS (99,048) and equity ETFs (10,199).
    by Team Cafemutual Dec 15, 2016
    RIAs can use BSE Star MF platform to recommend direct plans to investors
    Schemes of 20 AMCs will be available for RIAs on BSE Star MF platform.
    by Darshita Shah Dec 14, 2016
    Cafemutual is an independent media platform and focuses on providing knowledge and information for the benefit of finance professionals. We do not promote any particular brand or asset category.