Retail folios cross 4 crore mark in June
Thanks to new fund offers and inflows in existing schemes, retail folios increased by 9.43 lakh during June quarter.
by Ravi Samalad Jul 21, 2015
Retail investor’s average holding size in equity MFs is Rs. 61,827
Retail investors have invested Rs. 1.95 lakh crore in equity mutual funds, which is 53% of the total Rs. 3.72 lakh crore equity assets as on June 2015.
by Ravi Samalad Jul 20, 2015
CCI seeks details on upfront commission cap from SEBI, media report
The Competition Commission of India (CCI) is investigating the matter.
by Team Cafemutual Jul 20, 2015
‘You need to know how not to lose money’
Amit Trivedi of Karmyog Knowledge Academy talks to Cafemutual about his new book ‘Riding the Roller Coaster’ and the message which his book tries to convey.
by Ravi Samalad Jul 17, 2015
B15 equity AUM grows 41 percent in one year
Thanks to mark to market gains and a bigger thrust to expand in B15 locations, equity B15 AUM has grown from Rs. Rs. 64,032 crore in June 2014 to Rs. 90,340 crore in June 2015.
by Ravi Samalad Jul 16, 2015
Only 14 percent of social media comments on mutual funds are positive: McKinsey
Around 70 percent of negative social media comments are related to post sales services of fund houses, says McKinsey & Company.
by Nishant Patnaik Jul 16, 2015
UTI International Singapore launches India Dynamic Equity Fund
This fund is meant for global investors to invest in Indian markets.
by Team Cafemutual Jul 16, 2015
Which are the most searched fund houses on Google?
An analysis of Google trends on search queries for fund houses for the past one year shows that HDFC, ICICI Prudential and Reliance have the highest number of people searching for them.
by Nishant Patnaik Jul 15, 2015
Retail investors have invested Rs. 24,326 crore in direct plans: AMFI
Of the total Rs. 24,326 crore direct retail AUM, 64% or Rs. 15,497 crore is held in direct plans of equity funds.
by Ravi Samalad Jul 15, 2015
‘Distributors are the face of our industry’
Our brand is created by superior fund performance, distributor engagement and good customer service. So we will continue to engage with distributors as a means to build our brand with investors, says Sunil Subramaniam, CEO, Sundaram Mutual Fund.
by Ravi Samalad Jul 15, 2015
Asia-pacific has the fastest growing AMC business in the world: BCG
Growth is primarily driven by India and China.
by Team Cafemutual Jul 14, 2015
How much do AMCs rely on their sponsors for selling their schemes?
While bank sponsored AMCs typically have an edge over others because they have an affiliate distribution arm, not all banks make a meaningful contribution to their AMCs.
by Ravi Samalad Jul 13, 2015
IFAs in B15 earn Rs.4 lakh per annum as commission on an average: McKinsey
However, IFAs from T15 locations earn over Rs. 21 lakh per annum as a commission on an average, says McKinsey report.
by Nishant Patnaik Jul 13, 2015