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MF News

AMCs cannot pay upfront commission even on assets brought before October 22: SEBI
SEBI has clarified that AMCs can no longer use AMC account to compensate their distributors even if they have made a commitment.
by Nishant Patnaik Feb 26, 2019
Geojit Financial Services and SREI Infrastructure to foray into MF business
While Geojit Financial Services is in financial distribution business, SREI Infrastructure runs infrastructure debt fund, infrastructure finance, AIFs and insurance broking businesses.
by Nishant Patnaik Feb 25, 2019
No upfront commission on SIPs registered before Oct 22: SEBI
However, SEBI has asked fund houses to pay withheld upfront commission to distributors within 3 months.
by Nishant Patnaik Feb 25, 2019
How this distributor activated 3000 SIPs through online platform
Pranav Uppal, Product Head, Bonanza Portfolio shares his experience of using NSE NMF II.
by NSE Feature Feb 24, 2019
Books that your fund managers read
In the second article of our new column ‘Books that your fund managers read’, we feature Sailesh Raj Bhan, Deputy CIO - Equity Investments, Reliance Mutual Fund.
by Team Cafemutual Feb 24, 2019
959 distributors manage assets of over Rs.100 crore
An analysis of distributor AUM shows that just 3% (959) distributors manage over AUM of Rs.100.
by Nishant Patnaik Feb 24, 2019
Reliance Capital may sell its stake in Reliance Nippon Life AMC to Nippon Life
Reliance Capital currently holds 42.88% stake in the fund house.
by Team Cafemutual Feb 22, 2019
Three cities account for 56% of the industry’s AUM
37% of the industry’s MF AUM comes from Mumbai.
by Team Cafemutual Feb 22, 2019
IFAs and NDs create 35% of the total new folio count
Of the total 97 lakh new folios created in April-December 2019, IFAs and national distributors together account for 33.83 lakh new investor folios.
by Team Cafemutual Feb 21, 2019
IDFC AMC launches IDFC India Equity Hedge Tactical Fund
The category 3 AIF will follow a tactical long / short equity strategy
by Team Cafemutual Feb 21, 2019
UTI Mutual Fund to reach 10,000 IFAs across 51 cities
The fund houses launches UTI MF Equity Yatra to share its fund management philosophy among advisors.
by Team Cafemutual Feb 20, 2019
India’s top 10 distributors hold 18% of industry’s total AUM
While HDFC Bank continue to be a largest distributor in terms of assets, SBI Bank has overtaken NJ India and Axis Bank to become the second largest distributor.
by Team Cafemutual Feb 20, 2019
‘IFA ka time aayega’
Inspired by Gully Boy, author, trainer and IFA, Vinayak Sapre dedicates his new poem ‘Apna Time Aayega’ to IFAs.
by Vinayak Sapre Feb 19, 2019
TER rationalization is a big negative for MF industry: Distributors
In an opinion poll run by Cafemutual, over 66% IFAs agreed that rationalization in TER may hinder the growth of mutual fund business.
by Team Cafemutual Feb 19, 2019
Legendary debt fund manager Bill Gross to retire
Co-founder of PIMCO, he once used to manage the largest bond fund.
by Shreeta Rege Feb 18, 2019