ICICI Pru, Birla and HDFC record highest AAUM growth in March quarter
The industry’s AAUM touched a new high of Rs. 11.88 lakh crore in March 2015 due to robust inflows in equity, debt as also mark to market gains.
Posted on Apr 2, 2015
Retirement planning for entrepreneurs
Retirement planning for entrepreneurs comes with a different set of challenges.
by Ravi Samalad Apr 2, 2015
NISM hikes CPE fee for mutual fund distributors
The new rates have come into effect from April 1, 2015.
by Team Cafemutual Apr 2, 2015
Kailash Kulkarni is the new CEO of L&T Mutual Fund
Kailash succeeds Ashu Suyash who is joining CRISIL.
by Ravi Samalad Apr 1, 2015
Upfront commission rule will be reviewed after 3 months
AMFI could reconsider the new commission rule if there is a disruption in the industry.
by Ravi Samalad Apr 1, 2015
Majority of AMCs to implement AMFI’s new commission structure
A few fund houses are yet to take a final call.
by Nishant Patnaik Mar 31, 2015
Principal Pnb MF appoints Karan Singh as National Sales Head
Prior to this, Karan was the senior EVP and Country Head- Banks and NDs at UTI MF.
by Team Cafemutual Mar 31, 2015
Service tax has to be borne by distributors : AMFI
AMFI has clarified that service tax will have to be borne by distributors.
by Ravi Samalad Mar 31, 2015
SEBI will not intervene in AMFI recommendations on commission structure: Sinha
Sinha said that AMFI has the authority to issue best practice guidelines and recommend commission structure of distributors.
by Team Cafemutual Mar 30, 2015
FPA to hold its first ever conference in India
The three day event will kick off on June 10 in Bengaluru.
by Team Cafemutual Mar 30, 2015
Should you recommend corporate bond funds to your clients?
Corporate bond funds can do well if there is an improvement in the economy but these funds carry credit risk.
by Ravi Samalad Mar 30, 2015
Whom does upfront commission cap affect the most?
Distributors operating on upfront plus trail model are upset with AMFI’s move while those operating on all trail are unperturbed.
by Ravi Samalad Mar 28, 2015
Uproar over advance commission paid to large distributors
The CEO of a public sector fund house has shot off an e-mail to AMFI and CEOs asking them to disclose names of AMCs who paid advance commission to large distributors to SEBI.
by Nishant Patnaik Mar 28, 2015
Will SEBI allow AMCs to hike TER to absorb service tax burden?
Distribution associations across India have approached AMFI suggesting that SEBI should allow AMCs to hike total expense ratio (TER) to absorb service tax imposed by Budget 2015.
by Ravi Samalad Mar 27, 2015
FIFA’s representation to AMFI on service tax
Here is Foundation of Independent Financial Advisors (FIFA) recommendation to AMFI on the Budget 2015 proposal to withdraw service tax exemption on the services provided by mutual fund distributors to AMCs.
by Team Cafemutual Mar 27, 2015
