MF industry AUM at all-time high, crosses Rs. 15 lakh crore mark
The industry’s AUM touched an all-time high of Rs. 15.18 lakh crore in July, largely due to healthy inflows in liquid and income funds.
by Team Cafemutual Aug 8, 2016
Average ticket size of retail folio goes up
Despite 3% drop in Sensex, the average ticket size of retail folio has gone up from Rs. 61,369 in June 2015 to Rs. 65,773 in June 2016, shows AMFI data.
by Ravi Samalad Aug 6, 2016
53% of retail equity assets stays put for over 24 months
AMFI data shows that of Rs. 2.45 lakh crore retail equity assets as on June 2016, Rs.1.30 lakh crore remained invested for over two years.
by Team Cafemutual Aug 5, 2016
GST Bill: compliance cost may go up for AMCs and IFAs
AMCs and distributors may be required to register with states to comply with GST.
by Nishant Patnaik Aug 5, 2016
‘SIP inflows will be on par with FII inflows in the next 3 years’
Himanshu Vyapak, Deputy CEO, Reliance Nippon Life AMC talks to Cafemutual about the AMC’s newly launched instant redemption facility, the key trends he foresees in distribution and more.
by Ravi Samalad Aug 3, 2016
Ultra-HNIs keen to make a difference through impact investing: Kotak Wealth Report
Impact investing not only satisfies the ultra HNI’s quest for new niche avenues for investment, but also delivers the satisfaction of wealth creation while making a progressive difference to society.
by Team Cafemutual Aug 3, 2016
IFAs can avail service tax exemption under Small Service Provider: GOI
Office of Chief Commissioner of Service Tax has responded to an email query by AMDwA which says that distributors can avail service tax exemption under Small Service Provider (SSP).
by Nishant Patnaik Aug 2, 2016
Ultra HNIs have reduced exposure to equities in FY 16: Report
The fall in Indian equities led to realignment in the equity portfolio of ultra HNIs. Their exposure to other asset classes like real estate, debt and alternate assets rose correspondingly.
by Ravi Samalad Jul 30, 2016
MF industry adds close to 57 lakh retail folios in one year
A majority of this growth was driven by increase in retail equity folios.
by Ravi Samalad Jul 29, 2016
SEBI gives go ahead to 26 new AIFs
The total count of alternative investment funds (AIFs) has risen to 235 as on June 2016.
by Team Cafemutual Jul 29, 2016
45% of Indian ultra HNIs are from non-metros: Kotak
Small cities like Surat, Indore and Jamshedpur are creating new ultra HNIs mainly in the inheritor and entrepreneur categories.
by Nishant Patnaik Jul 29, 2016
Can e-wallets be a game changer for the MF industry?
A few AMCs have reportedly sought clarity from SEBI on whether e-wallets can sell mutual funds.
by Ravi Samalad Jul 28, 2016
