AMCs cannot help distributors by sharing service tax burden: AMFI
AMFI has clarified that service tax rule needs to be adhered in spirit.
by Nishant Patnaik Dec 11, 2015
Super investors are aware of mutual fund jargon: Nielsen survey
Super investors are more familiar with mutual fund jargon than average investors.
by Team Cafemutual Dec 11, 2015
SEBI may act tough if AMCs don’t maintain a uniform commission structure
AMFI has directed AMCs to follow the best practice guideline on commission in spirit from 1st January.
by Ravi Samalad & Nishant Patnaik Dec 10, 2015
SEBI may allow Aadhaar as valid KYC for MF investments through online route
Investments up to Rs.50,000 can be done immediately with the help of Aadhaar number.
by Nishant Patnaik Dec 10, 2015
SEBI drops third NAV plan for e-commerce distribution
IFAs and fund houses may be allowed to distribute mutual funds through e-commerce websites.
by Nishant Patnaik Dec 10, 2015
AMFI asks all AMCs to abide by commission rules from 1st January
SEBI chief U K Sinha has said that the regulator will intervene if AMFI does not come to a consensus on this issue.
by Nishant Patnaik & Ravi Samalad Dec 10, 2015
Franklin Templeton launches service platform for distributors
The fund house claims that the platform will help IFAs simplify their day-to-day business and serve clients better.
by Team Cafemutual Dec 9, 2015
Super investors rely on IFAs for investing in MFs; avoid bank RMs: Nielsen survey
Nielsen defines super investor as a more active, prolific and aware consumer having a higher risk appetite than the average consumer.
by Banali Banerjee Dec 8, 2015
SEBI committed to allowing MFs to be sold through ecommerce sites
SEBI chief to meet Nandan Nilekani committee today to take stock of the progress.
by Ravi Samalad Dec 8, 2015
JPMorgan realizes Amteck Auto stressed assets
Investors in the segregated assets can switch out or redeem from today.
by Team Cafemutual Dec 7, 2015
Equity funds add close to 2.50 lakh folios in November
The industry received net inflows of over Rs. 6,500 crore in equity funds (including ELSS) in November.
by Team Cafemutual Dec 7, 2015
R&Ts introduce online FATCA updating facility
Distributors can directly update their client information on R&T sites.
by Nishant Patnaik Dec 5, 2015
