‘This is a good opportunity for investors to increase equity exposure’
The impact of global events is likely to be temporary and should be seen as an opportunity by long term investors to increase their equity exposure, says Rupesh Patel, Fund Manager, Tata Mutual Fund.
by Ravi Samalad Feb 10, 2016
MF Utilities introduces online application form for distributors
The facility will help execute faster transactions in mutual funds.
by Team Cafemutual Feb 10, 2016
AMFI may discuss disclosing break up of all fund expenses in account statement
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.
by Nishant Patnaik Feb 9, 2016
SIP in Shariah-compliant MFs should to be integrated with Jan Dhan Yojana: MCCI
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.
by Team Cafemutual Feb 8, 2016
HDFC MF launches Retirement Savings Fund
The NFO opened for subscription on January 5 and closes on January 19.
by Team Cafemutual Feb 6, 2016
Equity funds add over 4.25 lakh folios in January
The total folio count in equity funds jumped from 3.47 crore in December to 3.51 crore in January.
by Team Cafemutual Feb 6, 2016
Mahindra & Mahindra Finance gets SEBI nod to launch AMC business
M&M AMC expected to launch products by the first quarter of FY 2016-17.
by Nishant Patnaik Feb 6, 2016
Srinivasan Tiru Seshacharya is the new President of COFP
He succeeds Uday Dhoot, Founder of Oye Paisa who was the President of COFP for the last two years.
by Team Cafemutual Feb 5, 2016
Karvy launches Aadhaar based eKYC
The new facility is expected to ease on boarding process for the new investors to invest in mutual funds.
by Team Cafemutual Feb 5, 2016
58% of Indians rely on IFAs to make investment decisions
99% of people who invest through financial advisors are completely satisfied with their services, shows DSP BlackRock India Investor Pulse Survey.
by Nishant Patnaik Feb 5, 2016
Despite volatile markets, equity fund net inflows cross Rs. 72,000 crore YTD
Continuing the trend of positive inflows, equity funds, including ELSS, received net inflows of Rs. 2,914 crore in January.
by Team Cafemutual Feb 5, 2016
Anoop Bhaskar joins IDFC MF as its head of equities
Bhaskar has over 23 years of experience in equity research and fund management.
by Team Cafemutual Feb 4, 2016
