Alternative investment funds see massive jump in AUM
Volatility in equity market led HNIs to move to alternative investment funds.
by Nishant Patnaik Jan 8, 2016
Equity funds add 3.45 lakh folios in December
The total folio count in equity funds jumped from 3.43 crore in November to 3.47 crore in December.
by Team Cafemutual Jan 7, 2016
Equity funds receive Rs. 3,644 crore inflows in December
The equity AUM of the industry reached Rs. 4.05 lakh crore in December.
by Team Cafemutual Jan 6, 2016
‘Finance Ministry can reconsider its decision on service tax’
Nilesh Shah, MD, Kotak Mutual Fund says that mutual fund distributors are taxed more than tobacco products. He believes that the Finance Ministry may reconsider its stand on service tax if distributors reach out to them.
by Nishant Patnaik Jan 6, 2016
Have closed-end funds delivered?
by Source: Livemint Jan 6, 2016
‘Whether inflows come through direct or distributors, digital channel will continue to grow’
Suraj Kaeley, Group President - Sales & Marketing, UTI Mutual Fund talks to Cafemutual about the various initiatives taken by UTI to gain market share in 2015 and the challenges facing the industry.
by Ravi Samalad Jan 5, 2016
