AMFI seeks relaxation on service tax for distributors earning less than Rs.10 lakh commission
The industry body has requested the Ministry of Finance to exempt distributors earning less than Rs.10 lakh annually from paying service tax.
by Nishant Patnaik Dec 18, 2015
Need more transparency in participating insurance plans
Richard Holloway of Milliman Inc., and Sanket Kawatkar of Milliman India speak of aspects that they see as important for valuation, and about the need to improve the participating business in India
by Source : Mint Dec 18, 2015
Markets cheer Fed rate hike
The Sensex was up more than 300 points.
by Team Cafemutual Dec 17, 2015
Uniform KYC across all financial products may take time: SEBI
A group comprising representatives from all financial regulators has been formed to implement uniform KYC across all financial products.
by Team Cafemutual Dec 17, 2015
‘Equity markets can deliver 15% returns in 2016’
Cafemutual spoke to Mahesh Patil, Co-CIO, Birla Sun Life Mutual Fund about his expectations from the markets in 2016.
by Nishant Patnaik Dec 16, 2015
Nomura sells 19.3% stake to LIC Housing Finance
The Japanese partner holds 35% stake in LIC Nomura AMC.
by Team Cafemutual Dec 16, 2015
myCAMS mobile app clocks Rs. 550 crore worth transactions
The mobile app is being used by over 2 lakh users recording 1.25 lakh transactions so far.
by Team Cafemutual Dec 15, 2015
Only 24% of Indians are financially literate: S&P survey
S&P Global Financial Literacy survey shows that 76% of Indians lack financial awareness.
by Team Cafemutual Dec 15, 2015
Axis MF strikes the right chord with parents to save for their children
Axis MF’s new promotional strategy has helped the fund house mop up long term money.
by Nishant Patnaik Dec 14, 2015
IFA associations flag service tax issue with Jayant Sinha
Distributors want service tax burden to be passed on to investors.
by Ravi Samalad Dec 11, 2015
Technology and commitment helped CAMS deliver NAVs on all days: N K Prasad, CAMS
N K Prasad, CEO, CAMS talks to Cafemutual about how they managed to deliver NAVs on all days despite the heavy rains which brought Chennai to a standstill.
by Ravi Samalad Dec 11, 2015
