Don’t close non-FATCA compliant accounts: MoF
There will be no impact on the accounts opened between from 1 July, 2014 to 31 August, 2015.
by Ravi Samalad Aug 31, 2016
IFAs can earn upto 1% commission on fifth tranche of sovereign gold bond scheme
IFAs can distribute such bonds through stock exchange platforms like NSE NMFII and BSE Star MF.
by Nishant Patnaik Aug 31, 2016
‘IFAs should focus on cash flows & longevity of assets to get better valuations’
Rajesh Krishnamoorthy, Managing Director, iFAST India, talks to Cafemutual about the new marketplace model for IFAs where advisers can buy and sell their advisory business.
by Nishant Patnaik Aug 30, 2016
Mirae Asset MF appoints Mahendra Jajoo as its Head of Fixed Income
Prior to joining Mirae, Mahendra has worked with Pramerica, Tata and ABN AMRO, where he was heading fixed income.
by Team Cafemutual Aug 29, 2016
MF industry awaits CBDT go ahead on freezing non-compliant FATCA accounts
The industry is hopeful that the CBDT will allow fund houses to freeze non-FATCA accounts rather than enforcing redemption.
by Ravi Samalad Aug 29, 2016
Majority of Indians do not have a retirement strategy
Gobally, a worrying proportion of workers (38% including India) have no retirement strategy for their future retirement, finds the Aegon Insurance survey.
by Team Cafemutual Aug 26, 2016
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
