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
Equity MF AUM crosses Rs. 4 lakh crore mark
Equity mutual fund assets reached Rs.4.03 lakh crore in November 2015.
by Team Cafemutual Dec 5, 2015
India’s retirement ranking improves: Natixis survey
Though India moved up 16 positions in 2015 in the Global Retirement Index (GRI), it’s still the worst ranking among BRIC nations.
by Team Cafemutual Dec 4, 2015
UTI MF declares dividend for three schemes
The fund house declared dividend for UTI Balanced Fund, UTI-CRTS and UTI Mid Cap Fund.
by Team Cafemutual Dec 4, 2015
SEBI chief bats for MFs and pension funds
U K Sinha said that he is fine with retail investors not participating in IPOs and he would rather like them to enter the market through mutual funds and pension funds.
by Ravi Samalad Dec 4, 2015
33% Indian companies have adopted NPS: Survey
One out of three companies provide NPS, finds a Towers Watson survey.
by Banali Banerjee Dec 3, 2015
SEBI asks AMCs whether they are complying with new commission guidelines
SEBI has learnt that a few AMCs are not adhering to AMFI best practices guidelines on the new commission structure.
by Nishant Patnaik Dec 3, 2015
SEBI chief upset with AMCs for not promoting direct plans
If consumers can buy all sorts of goods using mobile phones, why should they not be able to buy mutual fund products online if they are aware, says U K Sinha, Chairman, SEBI.
by Ravi Samalad Dec 3, 2015
Cut in small savings scheme rates may help mutual funds
Fund officials and IFAs feel that reduction in rates of small saving schemes will nudge investors to look at MF fixed income schemes.
by Banali Banerjee Dec 3, 2015
SEBI for single KYC across all financial products
SEBI is in talks with RBI, IRDAI and PFRDA to get a consensus on making single KYC across all financial products a reality.
by Ravi Samalad & Nishant Patnaik Dec 2, 2015
SEBI not to intervene in regulating distributor commissions
SEBI Chief U K Sinha urges AMCs to cut costs voluntarily, will wait and watch to see if the industry is moving towards reducing costs.
by Ravi Samalad Dec 2, 2015
IFAs channelize more than 50% of industry’s equity assets
IFAs control Rs. 1.72 lakh crore or 51% of the total Rs. 3.38 lakh crore equity assets as on September 2015.
by Ravi Samalad Dec 1, 2015
