SEBI releases FAQs on AIFs
Here are some the important highlights from the AIF FAQs released by SEBI.
by Team Cafemutual Aug 25, 2016
UTI MF appoints Vetri Subramaniam as Group President & Head of Equity
Vetri succeeds Anoop Bhaskar who is now with IDFC MF.
by Team Cafemutual Aug 25, 2016
AMFI board could see changes in its forthcoming AGM
One-third of AMFI board is due to retire by next AGM though they are also eligible for re-election.
by Ravi Samalad & Nishant Patnaik Aug 25, 2016
AMFI may approach government on GST
PwC has offered to assist AMFI in conducting an impact assessment of GST.
by Nishant Patnaik Aug 25, 2016
AMFI constitutes a group to discuss possibility of selling stake in MF Utility to BSE
A four-member group is expected to conduct in-depth assessment of BSE’s proposal to buy stake in MF Utility.
by Nishant Patnaik Aug 24, 2016
India finds 7th spot in the world’s wealthiest countries: New World Wealth report
According to a survey by New World Wealth, India has a total of $5,600 billion individual net assets.
by Team Cafemutual Aug 23, 2016
Dilip Kumar Mandal is the new CEO of IDBI Mutual Fund
Dilip was the Chief General Manager at IDBI Bank heading mid-corporate segment.
by Ravi Samalad Aug 22, 2016
HNI folios and assets rising faster than retail
In both balanced and equity funds, the folio and asset base of HNIs is growing faster than retail.
by Ravi Samalad Aug 20, 2016
PFRDA to reconsider commission structure of NPS distributors
The pension fund regulator may consider increasing the commission structure on NPS to make it more attractive for distributors.
by Nishant Patnaik Aug 20, 2016
Now, a marketplace for IFAs to buy and sell their advisory business
This marketplace will help IFAs to monetise the value of their business that they have built over the years.
by Nishant Patnaik Aug 20, 2016
‘Mid-caps may see some correction in the near term’
Vinit Sambre, Fund Manager, DSP BlackRock Investment Managers says that the mid-caps may see a correction in the near term. He suggests investors to avoid putting lump sum in mid cap funds and stick to SIPs.
by Ravi Samalad Aug 19, 2016
Foreign investors consider India as an attractive investment destination: PwC
67% foreign portfolio investors (FPIs) say India is a preferred destination among emerging markets, shows the Foreign Portfolio Investor survey conducted by PwC.
by Team Cafemutual Aug 17, 2016
‘PFRDA is disappointed with the performance of annuity schemes’
The pension fund regulator may consider allowing NPS subscribers to remain invested in NPS post retirement.
by Nishant Patnaik Aug 17, 2016
