SEBI chief asks MF industry to improve compliance standards
A few AMCs are charging fee for deploying funds in fixed deposits and valuation and inter scheme transfers are not being done as per SEBI requirement, said SEBI Chairman U K Sinha.
by Team Cafemutual Jul 3, 2015
AMFI Chairman Sundeep Sikka requests SEBI to relax advertising norms
Also, AMFI Chairman Sundeep Sikka has urged SEBI to request the Ministry of Finance to provide additional tax sops for ELSS and retirement schemes.
by Team Cafemutual Jul 3, 2015
SBI, Reliance and ICICI Pru see highest AAUM growth in June quarter
Among the top ten players, Kotak recorded the highest AAUM growth of 16% in June quarter, shows the latest AMFI data.
by Team Cafemutual Jul 2, 2015
SEBI for strong SRO
SEBI Chairman UK Sinha made a case for a strong SRO for regulating distributors.
by Team Cafemutual Jul 2, 2015
SREI Infrastructure Finance floats secured redeemable NCD
SREI secured redeemable non-convertible debenture (NCD) offers an annual yield of 11.04% to retail investors for the tenure of five years.
by Team Cafemutual Jul 2, 2015
Riskometer to replace color coding system from today
The Riskometer will indicate five levels of risk – low (principal at low risk), moderately low (principal at moderately low risk), moderate (principal at moderate risk), moderately high (principal at moderately high risk) and high (principal at high risk).
by Team Cafemutual Jul 1, 2015
UTI MF collaborates with One India Plus for Investor Education Initiative
UTI MF launches its Investor Education Initiative in eight leading newspapers.
by Banali Banerjee Jul 1, 2015
SEBI chief commends MF industry for superior fund performance
Crossing the Rs. 12 lakh crore AUM mark is a major achievement for the industry, said Sinha.
by Team Cafemutual Jul 1, 2015
SEBI asks MFs to leverage technology to grow
U K Sinha, Chairman, SEBI nudged fund houses to adopt technology to expand their distribution network.
by Nishant Patnaik Jul 1, 2015
SEBI asks MF industry to streamline commission structure
SEBI chairman UK Sinha nudged distributors to move towards fee based model.
by Nishant Patnaik Jun 30, 2015
Only 18% of the IAP venues had genuine investors: SEBI Chief
During onsite visits at 18 locations across 22 AMCs, SEBI found that only 18% of the Investor Awareness Programs (IAP) venues had genuine investors.
by Ravi Samalad Jun 30, 2015
Acting as both distributor and advisor is not acceptable to SEBI: U K Sinha
If things don’t improve then SEBI will have to take some measures on those acting as distributors and advisors, said SEBI chief U K Sinha.
by Ravi Samalad Jun 30, 2015
Sunil Subramaniam to become the CEO of Sundaram Mutual Fund
Sunil was elevated to Deputy CEO in February 2014.
by Ravi Samalad Jun 30, 2015
