Investors lap up tax free bonds
The Ministry of Finance has allowed seven state-owned entities to collectively raise Rs.40,000 crore in FY 2015-16 through tax free bonds.
by Banali Banerjee Oct 8, 2015
Equity funds add over 18 lakh folios in six months
Overall, the mutual fund industry has added close to 24 lakh folios in FY2015-16.
by Team Cafemutual Oct 8, 2015
AMFI rationalizes EUIN registration and renewal fee
The revised fee will be applicable from November 1.
by Ravi Samalad Oct 8, 2015
SEBI forms a committee to improve disclosure standards of financial products
Also, the committee will recommend measures to improve disclosure standards of financial intermediaries like RIAs and stock brokers.
by Nishant Patnaik Oct 7, 2015
Equity funds receive over Rs. 50,000 crore net inflows in the last six months
The AUM of equity funds crossed Rs. 3.80 lakh crore in September.
by Team Cafemutual Oct 7, 2015
US is the most preferred retirement destination for 35% of working Indians: HSBC Global Report
United States has emerged as the top destination for retirement for working Indians followed by UK and Australia.
by Banali Banerjee Oct 6, 2015
IFA Galaxy to hold its sixth knowledge summit on Oct 10
The event is expected to see over 570 participants.
by Team Cafemutual Oct 6, 2015
KBC Asset Management exits Indian MF industry
Union Bank has announced that it will buy out the 49% stake held by KBC Asset Management.
by Ravi Samalad Oct 6, 2015
SBI MF to launch SBI Opportunities Fund – Series IV
The NFO of the scheme is open for subscription from October 7 and closes on October 21.
by Team Cafemutual Oct 5, 2015
‘Success in investing is about making fewer mistakes than being lucky’
Amit Nigam, Head – Equities, Peerless Mutual Fund talks to Cafemutual about his first investment experience, challenges of his job and more.
by Ravi Samalad Oct 1, 2015
AMFI requests SEBI to approach FM seeking continuation of trail commission
AMFI Chairman Sundeep Sikka has urged SEBI to request the Finance Ministry to reject the recommendations to abolish all trail commission and introduction of free look period in mutual funds.
by Nishant Patnaik Oct 1, 2015
‘SIP helped me repay my home loan’
Nilesh Shetty, Associate Fund Manager, Quantum AMC talks about his first investment and the challenges of his job.
by Ravi Samalad Oct 1, 2015
SEBI asks fund houses to expedite scheme merger
The market regulator has formulated a team to oversee scheme mergers.
by Nishant Patnaik Oct 1, 2015
Nandan Nilekani heads SEBI committee to reduce costs in mutual funds
Nandan Nilekani, Former chairman of UIDAI and co-founder of Infosys is heading a SEBI committee which has been formed to look into cost reduction in mutual funds.
by Nishant Patnaik Sep 30, 2015
