‘I have only two passions – sports and stocks’
Both IDBI Equity Advantage Fund and IDBI Top 100 Fund have got off to a good start. Cafemutual caught up with V. Balasubramanian, Head - Equity & Fund Manager, IDBI Mutual Fund to find out what worked in his favor and how he plans to sustain the fund performance in future.
by Ravi Samalad Aug 10, 2015
MF industry adds close to 4 lakh folio in July
The industry has added over 3.90 lakh folios in July largely in equity funds.
by Nishant Patnaik Aug 10, 2015
AMFI to discuss service tax issue on August 13
AMCs awaiting greater clarity as they have been caught by surprise.
by Nishant Patnaik Aug 7, 2015
‘India outshines other emerging markets & will continue to attract foreign capital’
Ajay Tyagi, EVP and Fund Manager (Equities), UTI Mutual Fund talks to Cafemutual about his investment philosophy, the schemes managed by him, markets and more.
by Ravi Samalad Aug 7, 2015
India’s elderly population projected to rise by 19 percent in 2050
Here are the three factors that are changing the retirement landscape in India.
by Banali Banerjee Aug 7, 2015
Deutsche MF sells its schemes to Pramerica MF
This acquisition adds Rs. 20,720 crore assets to the kitty of Pramerica Mutual Fund.
by Team Cafemutual Aug 7, 2015
EPFO to invest through SBI MF ETFs
Over Rs.7,000 crore of retirement savings will be invested in equity markets through SBI ETF Nifty and SBI Sensex ETF.
by Team Cafemutual Aug 6, 2015
MF industry AUM scales an all-time high of Rs. 13.16 lakh crore
The industry’s AUM went up by 12% in July to reach a new high of Rs. 13.16 lakh crore.
by Team Cafemutual Aug 6, 2015
Relief for distributors, AMCs to bear service tax burden
CBEC has exempted distributors from paying service tax.
by Nishant Patnaik Aug 6, 2015
Indian fund managers ‘eat their own cooking’
AMCs, fund managers and employees are proclaiming that they invest in their own funds to signal that they have faith in managing their own funds. But does it really matter? Cafemutual examines the issue.
by Ravi Samalad Aug 5, 2015
DSP BlackRock IFAXpress a hit among distributors
The most striking feature of IFAXpress is that it enables distributors to open a folio for a client (who has a verified KYC status) in DSP BlackRock AMC even if he/she doesn’t have an existing folio with DSPBR.
by DSP BlackRock Advertorial Aug 4, 2015
RBI asks banks to start sharing data for uniform KYC
RBI has instructed banks to put in place a mechanism to upload KYC details on a platform called CERSAI wherein SEBI registered entities are maintaining KYC data.
by Nishant Patnaik Aug 4, 2015
‘IFAs from small markets can participate in most elite segments of the Privilege Club’
Bhavdeep Bhatt, Head of Business Development at Birla Sun Life Mutual Fund talks to Cafemutual about the new benefits provided to IFAs under its Aditya Birla Financial Services (ABFS) Privilege Club membership.
by Ravi Samalad Aug 3, 2015
Baroda Pioneer appoints Anthony Heredia as its CEO
Anthony was earlier MD & CEO of Morgan Stanley Mutual Fund.
by Team Cafemutual Aug 3, 2015
MFs emerging as a preferred way to save for retirement: Aegon Survey
After property and NPs, mutual funds were the most preferred instrument to save for retirement.
by Banali Banerjee Aug 1, 2015
