MF News

An august gathering comprising CEOs and senior fund officials, bankers, IFAs, wealth management heads, network and bond at the daylong event held in Mumbai.

John Praveen, MD and Chief Investment Strategist, Prudential International Investment Advisers USA, said that factors like growing GDP, attractive demographics and stable government will help accelerate growth.

AMFI has received seven fresh nominations - Anthony Heredia, Dilip Kumar Mandal, Harsha Viji, Nilesh Shah, Sanjay Sapre, Sarojini Dikhale and Suresh Soni to join the AMFI board.

SEBI Chief U K Sinha is expected to address fund officials.

RIAs need to register with R&Ts and provide client consent letters to CAMS and Karvy to get direct plan feeds.

The total folio count across all categories in August 2016 is close to 5 crore.

The fund house claims that distributors can register with the fund house within 10 minutes through this app.

NPS is seen as a strong pillar in supporting retirement needs for the future but there has to be greater employee awareness to leverage NPS effectively.

Akhil Chaturvedi, Head – Sales, Motilal Oswal MF talks to Cafemutual about how he became a regular runner and how running helps him to stay motivated at work.

Ashutosh Bishnoi, MD & CEO, talks to Cafemutual about how his fund house is trying to create a niche for itself by focusing on untapped markets.

AMCs are yet to capture RIA registration number in transaction forms.

Equity funds, including balanced, arbitrage, ELSS and ETFs, received over Rs. 10,000 crore net inflows in August as investors rushed to participate in the rally.

RBI has invited applications from entities to float an account aggregation business.