Appetite for alternate funds increases among the ultra-rich
High yield debt, structured products and private equity funds have the largest concentration of individual wealth at Rs. 14,232 crore, Rs. 12,080 crore and Rs. 6,255 crore respectively as on FY15, shows Karvy Wealth Report 2015.
by Team Cafemutual Dec 24, 2015
Individual wealth in financial assets reaches Rs. 160 lakh crore in 2015
Individual wealth in financial assets have grown from Rs. 73 lakh crore in 2010 to Rs.160 lakh crore in 2015, shows the latest Kavy Wealth Report 2015.
by Team Cafemutual Dec 24, 2015
‘Markets have the potential to deliver 10-15% returns in 2016.’
Shreyash Devalkar, Fund Manager - Equity, BNP Paribas Mutual Fund shares his outlook for equity markets for 2016.
by Nishant Patnaik Dec 24, 2015
More fund houses launch eKYC service
After Reliance and Quantum, Birla Sun Life MF has introduced electronic KYC service.
by Team Cafemutual Dec 24, 2015
India has 1.98 lakh HNIs: Karvy Wealth Report
With 1.98 lakh HNIs, India now ranks 11th in the world HNI population.
by Team Cafemutual Dec 23, 2015
Direct feed only for SEBI registered advisers
AMFI has revised its recent best practices circular restricting direct feed to Registered Investment Advisors (RIAs).
by Team Cafemutual Dec 22, 2015
Anoop Bhaskar quits UTI MF
Of the total Rs.31,800 crore of UTI MF’s equity assets, Anoop Bhaskar, Head Equity was managing close to Rs.14,500 crore.
by Team Cafemutual Dec 22, 2015
Equity MF assets jump 77% in five years: SEBI
SEBI attributed this growth to investor awareness initiatives, improved penetration in B-15 locations and untiring efforts of distributors.
by Team Cafemutual Dec 19, 2015
I bought my father a pair of shoes with my first pay cheque: Stand-up comedian Papa CJ
Time spent with family and friends is the best investment I ever made, says Papa CJ, Winner of Asia's Best Stand-up Comedian Award 2014.
by Ravi Samalad & Nishant Patnaik Dec 19, 2015
Tax-free bonds are the flavour of the season
Tax-free bonds of National Highway Authority of India (NHAI), Indian Railway Finance Corporation (IRFC) and Rural Electrification Corporation (REC) have been oversubscribed within a few hours of launch.
by Banali Banerjee Dec 18, 2015
