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