We are in discussions with all stakeholders: Jayant Sinha tells IFAs via Twitter
Responding to a tweet from an IFA, Sinha said that he will be happy to meet the industry delegation to discuss this issue.
by Nishant Patnaik and Ravi Samalad Apr 8, 2016
Equity funds see net outflows of Rs. 3,206 crore in March
Profit booking coupled with dividend payouts led to net outflows from equity funds in March.
by Team Cafemutual Apr 8, 2016
IFA Association shoots off letter to AMCs asking their stance on SEBI’s commission disclosure diktat
While fund houses say that they are not in favor of commission disclosure in a/c statements, they say that IFAs should take up the matter with SEBI instead of approaching AMCs.
by Nishant Patnaik Apr 8, 2016
Should you recommend mid cap funds at this juncture?
Experts say that investors should diversify their portfolio by having at least 70% of their corpus in large caps and the remaining in mid-caps.
by Poonam Bansal Apr 7, 2016
Decision making under pressure
Should we make decisions based on intuition and emotion? Or should we make them more rationally, using data, analytics, and numbers?
by Mark Harrison, CFA Apr 7, 2016
Competition in online MF distribution heats up
BankBazaar is the latest entrant to venture into online MF distribution space.
by Nishant Patnaik Apr 7, 2016
Rajan brings repo rate to 2011 low, what does it mean for investors?
Fund managers recommend investors to invest in accrual funds.
by Poonam Bansal Apr 5, 2016
Equities to beat other asset classes in 2017: CFA Survey
Investment managers expect gains in equity market indices, with BSE Sensex predicted to climb 11% from current levels of around 25,000.
by Team Cafemutual Apr 5, 2016
IFAs protest SEBI’s move on commission disclosure
Mahesh Sharma, Minister of State for Tourism, Culture and Civil Aviation has assured Varanasi IFAs that he will fix a meeting with Jayant Sinha, Minister of State for Finance to flag their concerns over SEBI’s commission disclosure rule.
by Nishant Patnaik Apr 4, 2016
AMCs to start disclosing MF executive salaries from this month
AMCs will have to disclose remuneration of executives earning Rs. 60 lakh per annum and above within 30 days.
by Nishant Patnaik Apr 2, 2016
SBI, ICICI Pru record highest AAUM growth during March quarter
SBI MF’s AAUM grew by Rs. 6,726 crore while ICICI Pru MF’s assets increased by Rs. 3,727 crore during the March quarter.
by Team Cafemutual Apr 2, 2016
Service tax exemption to distributors earning less than Rs.10 lakh from today
The Budget 2016 has exempted IFAs earning less than Rs.10 lakh from paying service tax by putting it under ‘forward charge’ mechanism.
by Nishant Patnaik Apr 1, 2016
Underperformance top reason for retail investors to switch from an AMC: Survey
Underperformance, increase in fee and lack of communication/responsiveness were the top reasons why retail investors leave an investment firm, finds a CFA Institute survey.
by Team Cafemutual Mar 30, 2016