MF industry adds over 5 lakh equity folios in August
Despite volatility, the industry has added over 24,600 equity folio each day in August.
by Team Cafemutual Sep 10, 2015
IFAs can earn 0.5% commission on sovereign gold bond scheme
Cabinet approves two gold savings schemes
by Team Cafemutual Sep 10, 2015
MF distributors may have to disclose trail commission to investors
The Finance Ministry committee has recommended the introduction of a form in which distributors may be required to disclose the percentage of trail commission received from AMCs.
by Nishant Patnaik Sep 10, 2015
Finance Ministry committee recommends SEBI to regulate bank distributors
Banks and other institutions tend to over-sell (and as a result could often mis-sell) products belonging to their group companies, says the committee report.
by Ravi Samalad Sep 10, 2015
Is free look period in mutual fund practical?
The Finance Ministry committee has recommended introducing a free look period in mutual funds.
by Banali Banerjee Sep 10, 2015
Excitement builds for Cafemutual Confluence 2015
Cafemutual has lined up 30 speakers who will deliberate on a wide range of topics all aimed at getting the MF industry future ready.
by Team Cafemutual Sep 9, 2015
Peerless appoints Killol Pandya as its Head of Fixed Income
Killol was Senior Fund Manager - Debt at LIC Nomura MF.
by Team Cafemutual Sep 9, 2015
Status quo prevails on service tax
AMCs will continue to deduct service tax from distributor commissions.
by Team Cafemutual Sep 9, 2015
Equity funds receive over Rs. 9,000 crore inflows in August
Despite nearly 2,000 points drop in Sensex in August, MF investors continued to pour money in equity funds.
by Team Cafemutual Sep 7, 2015
Finance Ministry committee pitches for uniform regulation for distributors
The committee has recommended creating a single agency to regulate distributors across all financial products.
by Nishant Patnaik Sep 5, 2015
Reducing trail commission can encourage churning, say distributors
A Finance Ministry Committee has suggested that trail should reduce or become nil after a period of time if SIPs are terminated by clients.
by Ravi Samalad Sep 4, 2015
Finance Ministry committee for advisory model
The committee has pitched for an advisory model where investors directly remunerate advisors.
by Ravi Samalad Sep 4, 2015
Dr. K. Thomas joins IndiaNivesh Securities as Director - Wealth Management
IndiaNivesh Group has appointed Dr. K. Joseph Thomas as Director – Wealth Management.
by Team Cafemutual Sep 4, 2015
Finance Ministry committee recommends abolishing upfront commissions in MFs
Finance Ministry committee recommends abolishing of upfront commissions in MFs
by Ravi Samalad Sep 4, 2015
