Over 50% of retail folios are from B15 cities
Of the 4.65 crore retail folios as on March 2016, 2.34 crore folios are from B15 cities.
by Nishant Patnaik May 21, 2016
SEBI has received 61 RIA applications so far in 2016
SEBI data shows that the number of RIA applicants is increasing steadily over the last two years.
by Ravi Samalad May 21, 2016
Reliance MF starts instant SIP registration facility
The fund house claims that it is the first to launch this facility.
by Ravi Samalad May 20, 2016
Atul Bhole joins DSP BlackRock Equity Investments Team
He will be managing DSP BlackRock Equity Fund and co-manage DSP BlackRock Balanced Fund.
by Team Cafemutual May 19, 2016
SEBI meets IFA Associations to discuss commission disclosure rule
Representatives of a few IFA associations met SEBI today and requested it to reconsider its decision on commission disclosure in account statement.
by Nishant Patnaik May 18, 2016
LIC Nomura Mutual Fund is now LIC Mutual Fund
The new shareholding pattern of AMC is LIC (45%), LIC housing finance (39.30%), GIC Housing Finance (11.07%) and Corporation Bank (4%).
by Team Cafemutual May 18, 2016
IFA associations to meet SEBI
Representatives are likely to bring up commission disclosure issue with SEBI.
by Nishant Patnaik May 17, 2016
Slowdown in attrition of mutual fund distributors
Close to 3,400 IFAs have chosen not to renew their ARNs in FY 2015-16 as compared to 3,800 in FY 2014-15 and 4,700 in FY 2013-14.
by Nishant Patnaik May 14, 2016
Yachting is the top luxury choice for UHNWIs: Survey
The Wealth X-Knight Frank survey covered UHNWIs who own at least one of the following luxury assets – yachts, private jets and collectables and a luxury automobile worth more than $100,000.
by Team Cafemutual May 13, 2016
Voice of IFAs will be heard, says Jayant Sinha
Sinha has reportedly said that suggestions from all stakeholders need to be sought before framing any rules for the MF Industry.
by Nishant Patnaik May 13, 2016
Equity funds add close to 1.58 lakh folios in April
Overall the MF industry has added over 4 lakh folios in April 2016.
by Team Cafemutual May 10, 2016
MF industry AUM touches a new high of Rs. 14.21 lakh crore
The industry received net inflows of Rs. 1.70 lakh crore which helped the industry’s AUM scale a new high of Rs. 14.21 lakh crore in April.
by Team Cafemutual May 10, 2016
Advisors play an important role for UHNWs families: Report
89% of clients believe their advisors are influencing financial goals, finds a Morgan Stanley research.
by Team Cafemutual May 6, 2016
Average ticket size in equity schemes is Rs. 1.10 lakh per folio
More than 99% of equity folios are held by individual investors.
by Team Cafemutual May 6, 2016
