‘If MF advertisements do not touch the heart they will not stick’
Gaurav Suri, Head – Marketing, UTI AMC talks about UTI’s new advertisement campaign on SIPs which aims to reach out to youngistaan.
by Ravi Samalad Jan 8, 2016
All AMCs start adhering to AMFI’s new commission guidelines in letter and spirit
The mutual fund industry is now following a uniform commission structure.
by Nishant Patnaik Jan 8, 2016
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