Equity funds add close to 2.50 lakh new folios in June
The total folio count across all categories increased to 4.89 crore in June 2016 from 4.84 crore in May 2016.
by Team Cafemutual Jul 8, 2016
Bank sponsored AMCs leverage affiliates to tap customers
Banks and associates advised on AUA of Rs. 68,496 crore and received commission of Rs. 466 crore from their affiliate AMCs last fiscal.
by Ravi Samalad Jul 8, 2016
Vishal Kapoor is the new CEO of IDFC MF
Vishal comes with extensive experience in both distribution and manufacturing side across geographies.
by Team Cafemutual Jul 8, 2016
Top 10 fund houses record healthy growth in assets during June quarter
The combined assets managed by the top ten fund houses increased by Rs. 83,831 crore from Rs. 10.76 lakh crore in March to Rs. 11.60 lakh crore in June.
by Team Cafemutual Jul 5, 2016
‘When the sentiment is good, all MF schemes produce positive returns’
V. V. K Prasad, former President of Association of NSE Members of India (ANMI) who has spent over 30 years of his career in financial markets is set to launch a scientific MF portfolio building model which aims to identify slippage in performance of a scheme ahead of time. The founder of Hyderabad based stock broking firm Vivekam, Prasad explains what makes his model work.
by Ravi Samalad Jul 5, 2016
PSU banks gaining traction in MF distribution
These banks have witnessed a healthy growth of 21% in their MF assets under advisory in FY15-16.
by Team Cafemutual Jul 4, 2016
Indian companies dependent on advisors for employees’ financial well-being: survey
Employers are concerned about the financial security of their employees and they are dependent on advisors to help them.
by Team Cafemutual Jul 4, 2016
FIFA suggests that service tax invoices should be accepted at R&T offices
Currently, distributors have to send their service tax invoices to AMC offices every month which is proving to be tedious and expensive.
by Team Cafemutual Jul 2, 2016
Debt MFs exposure to downgraded debt securities has gone up: RBI
Fund houses have increased exposure of debt mutual funds to downgraded debt instruments to 1.8% of overall debt AUM.
by Team Cafemutual Jul 2, 2016
Waterfield Advisors AUA crosses US D 1 billion
Waterfield Advisors provides family office and corporate advisory services to ultra-high net worth families (UHNW).
by Team Cafemutual Jul 1, 2016
Seventh pay: fund managers divided over which category of fund will benefit most
While some money managers believe that investors should increase their exposure to multi-cap funds, others feel thematic funds focused on consumption are best suited to gain the most from the implementation of Seventh Pay Commission.
by Nishant Patnaik Jul 1, 2016
Top 500 distributor commissions drops due to upfront cap
The gross commissions earned by the top 500 distributors dropped by Rs. 1,098 crore from Rs. 4,745 crore in FY14-15 to Rs. 3,647 crore in FY15-16, shows the latest AMFI data.
by Ravi Samalad & Nishant Patnaik Jul 1, 2016
Top distributors assets rise, commissions drop
The 1% upfront commission cap imposed by AMFI from April 2015 has hit the upfront earnings of top distributors.
by Ravi Samalad Jun 30, 2016
