MF News

Apart from commission of distributors, it is being suggested that AMFI should consider asking AMCs to publish expenses incurred on fund management, R&T, custodian fee and so on.

Hyderabad based Muslim Chamber of Commerce and Industry (MCCI) has sent its recommendations to RBI on the report of the committee on ‘Medium-term Path on Financial Inclusion’ released in December last year.

The NFO opened for subscription on January 5 and closes on January 19.

The total folio count in equity funds jumped from 3.47 crore in December to 3.51 crore in January.

M&M AMC expected to launch products by the first quarter of FY 2016-17.

He succeeds Uday Dhoot, Founder of Oye Paisa who was the President of COFP for the last two years.

The new facility is expected to ease on boarding process for the new investors to invest in mutual funds.

99% of people who invest through financial advisors are completely satisfied with their services, shows DSP BlackRock India Investor Pulse Survey.

Continuing the trend of positive inflows, equity funds, including ELSS, received net inflows of Rs. 2,914 crore in January.

Bhaskar has over 23 years of experience in equity research and fund management.

Investors can now complete KYC process using Aadhaar and open a folio without having to submit forms and doing in-person verification (IPV), claims CAMS.

One in three respondents is not sure about estimating the correct healthcare cost during retirement.

Mohanty succeeds Jisang Yoo who is moving to US.

Delhi Financial Distributors Association (DFDA) has sent 11 recommendations to Jayant Sinha, Minister of State for Finance to channelize household savings into the capital markets.