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
India has 1.47 lakh ultra HNHs with a combined wealth of Rs.135 lakh crore: Report
The population of ultra HNHs is expected to increase to 2.94 lakh by FY21.
by Team Cafemutual Jul 27, 2016
YES Bank AMC to start operations within 12 months
SEBI has granted in-principle approval to YES Bank to start its AMC.
by Team Cafemutual Jul 27, 2016
India ranks last in retirement preparedness, finds Natixis survey
India hits the bottom in the retirement index with an overall score of 44% among 43 nations.
by Team Cafemutual Jul 27, 2016
All you need to know about Central KYC
Central KYC, which paves way for a single KYC to invest across all financial products regulated by different regulators, went live from July 15.
by Ravi Samalad Jul 26, 2016
NSE receives bids of over Rs. 100 crore for sovereign gold bond scheme
Apart from the main exchange, Sovereign Gold Bond was also available on NSE MF II distributor platform where it received about 20 kg worth of bids.
by Team Cafemutual Jul 25, 2016
AMFI seeks NPCI intervention in helping AMCs migrate to NACH
Distributors are facing problems registering National Automated Clearing House (NACH) mandates for SIPs.
by Ravi Samalad Jul 25, 2016
Few takers for NPS distribution
Most of the IFAs whom Cafemutual spoke to believe that mutual fund retirement schemes are better than NPS to save for retirement.
by Banali Banerjee Jul 22, 2016
India’s HNI population to reach nearly 6 lakh by 2025: Report
With net assets of US $ 5.2 trillion, India now ranks 7th in the world HNI wealth index.
by Team Cafemutual Jul 22, 2016
MF e-commerce distribution is just an enabler: MF CEOs
Distributors will continue to play an important in guiding investors and technology will help them increase their productivity, say MF CEOs.
by Ravi Samalad Jul 22, 2016
