Competition Commission gives green signal for DHFL Pramerica MF’s acquisition of Deutsche AMC
The acquisition will catapult DHFL Pramerica to 13th position in the AAUM pecking order.
by Team Cafemutual Nov 9, 2015
MF industry adds more than 28 lakh folios in 7 months
The total folio count (across all categories) went up from 4.20 crore in April to 4.48 crore in October.
by Team Cafemutual Nov 9, 2015
SEBI to come out with guidelines for smart beta ETFs
This is a new category in the Indian ETF landscape.
by Ravi Samalad Nov 9, 2015
ex-Tata MF CEO Arvind Sethi joins the board of Sundaram AMC
He joined the board on October 27.
by Ravi Samalad Nov 7, 2015
AMCs rush to get FATCA compliant
Registrar and Transfer (R&T) agents are reaching out to investors to update their records for Foreign Account Tax Compliance Act (FATCA) compliance.
by Team Cafemutual Nov 7, 2015
Swachh Bharat Cess to increase service tax liability marginally
A 0.50% Swachh Bharat Cess will be levied on service tax from November 15.
by Ravi Samalad Nov 7, 2015
Mauritius based HWIC Asia Fund buys 49% stake in Quantum Advisors
This will help Quantum Mutual Fund raise its net worth to Rs. 50 crore.
by Team Cafemutual Nov 7, 2015
Equity mutual fund assets touch nearly Rs. 4 lakh crore
The YTD inflows in equity funds reached Rs. 59,935 crore in October.
by Team Cafemutual Nov 6, 2015
SEBI asks AMFI to issue guidelines on credit risk assessment
SEBI has asked fund houses not to rely solely on credit rating agencies but instead develop expertise in assessing companies on their own.
by Nishant Patnaik Nov 6, 2015
SEBI may come out with gating guidelines soon
The market regulator is currently reviewing exigency clause of debt funds.
by Nishant Patnaik Nov 5, 2015
