Profits of top 10 AMCs reach Rs. 2,055 crore in FY 2015-16
HDFC holds the mantle of being the most profitable fund house.
by Ravi Samalad & Nishant Patnaik Oct 13, 2016
SEBI nudges fund houses to get more active on exercising voting rights
SEBI Chief U K Sinha has reportedly applauded active participation of fund houses in the recent merger of HDFC-Max Life insurance case.
by Nishant Patnaik Oct 12, 2016
SEBI nudges fund houses to reduce TER for retail investors
Just like fund houses had a low TER for institutional investors, U K Sinha has reportedly asked fund officials to reduce TER for the retail investors too.
by Nishant Patnaik Oct 11, 2016
BSE to offer ‘paperless SIP’ for mutual fund investors soon
The new feature would cut down SIP rejections and help investors start SIP faster.
by Team Cafemutual Oct 10, 2016
A Balasubramanian is the new AMFI Chairman
by Nishant Patnaik & Ravi Samalad Oct 8, 2016
‘Call yourself IFA or wealth manager only if you are a SEBI registered RIA’
Here are the key highlights of SEBI’s consultation paper on SEBI (Investment Advisers) Regulations, 2013.
by Nishant Patnaik Oct 8, 2016
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