India has 2.54 lakh members of the top 1% of global wealth holders
There are 2,080 Indians with wealth over $ 50 million and 940 who own more than $ 100 million.
by Team Cafemutual Oct 15, 2015
Disclosing trail commission to investors can encourage pass back practices: FIFA
FIFA has opposed the Bose committee’s recommendation on introduction of a form which has a proposal to disclose trail commission to investors.
by Team Cafemutual Oct 15, 2015
India Index Services & Products Limited launches 4 new indices to track government securities
India Index Services & Products Limited (IISL), an NSE group company, today launched four new fixed income indices to track government securities (G-Secs).
by Source: Economic Times Oct 14, 2015
CMPFO to invest in equity for first time; ropes in SBI MF
The apex body managing coal workers provident fund CMPFO, with a massive Rs 65,000 crore corpus, has for the first time decided to invest in equity and has roped in SBI Mutual Fund for it.
by Source: Business Standard Oct 14, 2015
IFAs get ‘vision 2020’ at IFA Galaxy Knowledge Summit
Over 450 IFAs participated in this event.
by Nishant Patnaik Oct 14, 2015
A free look policy is not a good idea for mutual funds: FIFA
Allowing investors to wait for a couple of weeks before confirming their investment may cause them to base their decision on short-term market fluctuations and prompt them to ‘time’ the markets, says Foundation of Independent Financial Advisors (FIFA) in its response to Sumit Bose committee report.
by Team Cafemutual Oct 14, 2015
There needs to be flexibility in payment of commissions: FIFA
While abolishing upfront commission can be a populist measure, removing it altogether will seriously affect the efforts to expand the base of the industry, says Foundation of Independent Financial Advisors (FIFA) in its response to SEBI on the Sumit Bose committee report.
by Team Cafemutual Oct 14, 2015
How DSPBR IFAXpress helped these Kochi based IFAs
Read how IFAXpress helped these IFAs execute transactions swiftly.
by DSPBR Advertorial Oct 13, 2015
Reliance AMC to be renamed as Reliance Nippon Life AMC
Nippon Life will increase its stake in Reliance Capital Asset Management (RCAM) from 35% to 49%.
by Team Cafemutual Oct 13, 2015
Yes Bank and Mahindra Finance to foray into MF business soon
While Yes bank has received RBI approval, Mahindra Finance has formed a senior management team to set up their AMC business.
by Nishant Patnaik Oct 12, 2015
We reached the No.1 position with the support of our advisors : Sundeep Sikka
From a mid-tier fund house a decade back, Reliance MF has catapulted to become one of the largest asset management company. Sundeep Sikka, President & CEO, Reliance Capital Asset Management takes us through the journey of Reliance MF and how it is deepening its engagement with distributors.
by Ravi Samalad Oct 9, 2015
