MF News

Simplifying norms for domestic funds to manage offshore pooled assets, Sebi has dropped 20-25 rule, which required a minimum of 20 investors and a cap of 25 per cent on investment by an individual, for funds from low-risk foreign investors.

Current CEO H N Sinor’s tenure will end when the new CEO gets appointed.

Baker and Ricciardi have done an excellent job of compiling articles that blend academic research with real-world applications that can be used by financial planners.

Islamic mutual funds are growing again after a slump that lasted years, but the sector still falls short of meeting demand for sharia-compliant investment products, a study by Thomson Reuters and its subsidiary Lipper showed on Tuesday.

This has come in the wake of a sudden spurt in the demand for bonus options in equity funds.

Distributors can place an order to buy units of liquid funds on behalf of their clients till 1 pm to get historical NAV and sell it before 3 pm to earn one day’s interest.

Spending on grandchildren, children and partners is the main indulgence for Indian consumers, finds a Collinson Group research.

Enthused by the success of Jan Dan Yojana and other financial inclusion programmes, domestic mutual fund industry major Reliance MF is batting for a government scheme that would help achieve deeper penetration for such investment products and promote equity culture.

Cafemutual Conference Wealth Management 2015 is meant exclusively for banks, national distributors, boutique wealth management firms and distributors having a nationwide presence of sub brokers.

The trade body is likely to request SEBI to consider passing on service tax burden to investors.

NSE’s platform for mutual fund distributors was launched on December 15.

The new fund will be open for investments to all categories of investors.

Sebi today asked all existing research analysts in the capital markets to register by May 31 to continue providing their services, failing which they will face strict penal action. Under the new norms, no person or entity can act as research analyst or research entity without obtaining a registration certificate from Sebi.

The industry body has sent a letter to the Ministry of Finance and SEBI in this regard.

Do you have patience while investing? Or are you an eager beaver who gets carried away by the short-term returns and sees no logic in staying invested for the long term? A majority of investors watch the markets go up and down day after day and count their profits/losses on a daily basis. They tend to look only at the short-term performance and if the returns are not good, they get frustrated and sell off when the scrip makes a nominal profit. I would say, it is extremely easy to buy with a rationale but it needs a lot of control over emotions to sell rationally.