‘Agents should focus on counselling instead of selling’
Pankaj Razdan, Managing Director & Chief Executive Officer, Birla Sun Life Insurance talks to Cafemutual on how the insurance industry can increase agent productivity and curb mis-selling.
by Nishant Patnaik May 25, 2016
Central KYC platform is ready, awaiting regulatory approval for launch
A Central KYC number can be used to transact across all financial products.
by Nishant Patnaik May 24, 2016
AMFI to meet MF CEOs to discuss IAP campaign strategy
AMFI’s committee on Financial Literacy met SEBI yesterday to seek the regulator's suggestions on how to utilize IAP corpus.
by Ravi Samalad May 24, 2016
‘Today’s generation aspires to become fund manager at the age of 30’
We caught up with Kenneth Andrade, the former Head of Investments at IDFC MF to trace his journey in fund management, what helped him succeed in his career and more.
by Poonam Bansal May 23, 2016
26 new AIFs line up with SEBI for approval
A majority of applications were filed for Category II AIFs which include private equity funds, debt funds and fund of funds.
by Ravi Samalad May 23, 2016
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
