MF industry crosses 5 crore folio count
Equity folios go up by nearly 4 lakh in September.
by Team Cafemutual Oct 8, 2016
Inflows in balanced funds higher than equity funds: AMFI
Balanced funds have received inflows of Rs. 3,275 crore in September which is higher than equity funds.
by Nishant Patnaik Oct 7, 2016
Retirees are in need of financial planning, finds a study
A study conducted by an NGO, Agewell Foundation shows that elders with a good net worth are in search of financial planning services to earn a good income from their retirement kitty.
by Team Cafemutual Oct 7, 2016
UTI and Sooperfly enter into content partnership for a new series on investonomix
Investonomix aims to help youngsters decode personal finance.
by Team Cafemutual Oct 7, 2016
ICICI Pru and HDFC MF cross Rs. 2 lakh crore AAUM mark in September quarter
ICICI Pru MF’s AAUM grew by Rs. 22,689 crore while HDFC MF’s assets increased by Rs. 20,309 crore during the September quarter.
by Team Cafemutual Oct 5, 2016
One more player gets SEBI in-principle approval to float AMC
Fortune Financial Services & Fortune Credit Capital has received in-principle approval from SEBI to launch mutual fund business.
by Team Cafemutual Oct 4, 2016
Axis MF’s Jinesh Gopani elevated as Head of Equity
Jinesh used to manage some of Axis MF’s flagship schemes like Axis Equity Fund, Axis Mid Cap Fund and Axis Long Term Equity Fund.
by Team Cafemutual Oct 4, 2016
Invest in gilt funds to gain from further rate cuts, say fund managers
Investors with a longer term horizon should consider investing in gilt funds, say fund managers.
by Team Cafemutual Oct 4, 2016
‘One should not get emotionally involved with stocks’
Fund managers should focus on core investment arguments for a stock and keep away from the noise, says Rohit Singhania, Fund Manager, DSP Black Rock Investment Managers.
Posted on Oct 4, 2016
Motilal Oswal launches Motilal Oswal India Fund
MOIF will allow global institutional investors to invest in Indian equity markets.
by Team Cafemutual Oct 3, 2016
Interest rate cut in small saving schemes may help debt mutual funds
Experts say that people may gradually move to debt funds to seek attractive returns.
by Darshita Shah Oct 3, 2016
Over 50% of SIPs have been active for more than 5 years
Of the 1.09 crore SIP accounts, 56 lakh or 52% SIPs have been active for more than five years, shows AMFI data.
by Nishant Patnaik Oct 1, 2016
Look beyond MFs, diversify into AIF and PMS: SEBI to AMCs
Only a handful of AMCs are currently active in the AIF and PMS space.
by Ravi Samalad Oct 1, 2016
Online distribution platforms will boost direct plan sales but not impact advisors: U K Sinha
SEBI Chief U K Sinha believes that online distribution channels will not have a significant impact on traditional brick and mortar distributors.
by Nishant Patnaik Oct 1, 2016
Distributors brace up for commission disclosure
Experts say that distributors should inform their clients about this disclosure by communicating to them about the value they add.
by Ravi Samalad Sep 30, 2016