MF News

SEBI eases investment norms for Angel Funds

The market regulator has reduced the minimum ticket size in Angel Funds from Rs. 50 lakh to Rs.25 lakh.

Posted on Nov 28, 2016

AMFI requests government to keep service tax rate at 12% for MFs

The industry body has also requested the GST Commissioner to exclude ‘securities’ from the definition of services and provide centralized registration.

by Nishant PatnaikNov 26, 2016

India’s top 1% possess 58% of country’s wealth: Credit Suisse

India has 2.48 lakh adults in the top 1% of global wealth holders, shows Credit Suisse wealth Report 2016.

by Team Cafemutual Nov 25, 2016

DSP BlackRock launches ad campaign ‘Aap thoda karoge, bahut aage badhoge’

Through this campaign the fund house aims to engage and educate over 1 crore Indians.

by Team Cafemutual Nov 24, 2016

FundsIndia.com launches in-house rating system known as FundsIndia Ratings

With the help of ratings, investors would get an idea of where their other current holdings stand, in relation to category peers.

by Team Cafemutual Nov 23, 2016

Procedure to allow exposure of MFs to derivative instruments to be simplified: SEBI

Fund houses will have to send a notice to investors to take exposure to derivative instruments.

by Nishant PatnaikNov 23, 2016

SEBI bars Indore based RIA from doing advisory business

The market regulator found that Indore based RIA firm - CapitalVia has charged exorbitant fees from clients. In one such instances, the company had charged an annual advisory fee of Rs.24.59 lakh from a client who had invested only Rs.6-10 lakh with the firm.

by Nishant PatnaikNov 23, 2016

Taher Badshah quits Motilal Oswal MF

Badshah will join Invesco MF as Head - Equities.

Posted on Nov 22, 2016

ICICI Prudential MF appoints Asia Index to design CPSE ETF

Asia Index is a joint venture between S&P Dow Jones and BSE.

by Team Cafemutual Nov 22, 2016

‘This book has taught me how to be a successful investor’

Kavitha Menon and A K Narayan talk about the books which helped them in their practice.

by Darshita ShahNov 21, 2016

SEBI asks AMFI to suggest measures to ease advertisement norms

AMFI may take up this issue in the upcoming board meeting to be held on December 13.