Three funds which saw sharp increase in AUM after declaring dividend
JM Balanced, Reliance Quant Plus Fund and Kotak 50 have witnessed sharp growth in AUM inflows after announcing dividend.
by Nishant Patnaik Jul 13, 2015
‘We might see some outflows from emerging markets including India’
Akhil Mittal, Senior Fund Manager, Tata Mutual Fund talks to Cafemutual about the impact of the Greece situation on Indian markets and his view on the debt market.
by Ravi Samalad Jul 10, 2015
ETFs gaining traction among investors
The daily average turnover of ETFs which track equity indices on NSE has reached Rs.70 crore.
by Team Cafemutual Jul 10, 2015
HDFC Bank, Kotak Mahindra and IIFL Wealth are the largest MF distributors
HDFC Bank managed assets under advisory of Rs. 29,968 crore as on March 2015.
by Ravi Samalad Jul 9, 2015
Equity funds add over 3 lakh folios in June
The industry has added over 13,500 equity folios each working day in the month of June.
by Team Cafemutual Jul 8, 2015
Top 467 MF distributors earned a revenue of Rs. 4,729 crore commission last year
Axis Bank, which was the eighth largest MF distributor last fiscal piped the likes of ICICI Bank, NJ India, IIFL Wealth Management to become the second largest MF distributor in FY14-15.
by Ravi Samalad & Nishant Patnaik Jul 8, 2015
Peerless MF launches Beti Shiksha Abhiyaan initiative for distributors
Under this initiative, Peerless will pay an additional commission of up to 10 basis points for distributors having a daughter in their family.
by Team Cafemutual Jul 8, 2015
UTI MF launches mobile application for IFAs
The application aims to help IFAs by simplifying the operational requirements.
by Team Cafemutual Jul 8, 2015
‘The relationship between distributor & AMC is akin to a relationship between a husband and wife’
Harshendu Bindal, President, Franklin Templeton MF, Neeraj Choksey, Promoter, NJ Group, Nimesh Shah – MD & CEO, ICICI Prudential, Prateek Pant - Executive Director, Products & Services, The Royal Bank of Scotland N.V, Sundeep Sikka - President & CEO, Reliance MF and Rajiv Bajaj - VC & MD, Bajaj Capital discuss the need of forging a strong relationship with the distributors at Cafemutual Conference: Wealth Management 2015.
by Team Cafemutual Jul 8, 2015
Jharkhand, Goa and Haryana investors most curious about mutual funds: Google
An analysis of Google trends on search queries for mutual funds for the past one year shows that Jharkhand, Goa and Haryana have the highest number of people searching for answers on mutual funds.
by Nishant Patnaik Jul 7, 2015
MF industry AUM slips below Rs. 12 lakh crore mark
Industry’s AUM slipped below the Rs. 12 lakh crore mark to touch Rs. 11.73 lakh crore in June largely due to redemptions from liquid funds.
by Team Cafemutual Jul 7, 2015
‘Distributors should not worry about direct plans’
AMCs are not equipped to handle a large number of direct investors and distributors have a large number of prospects to tap in a growing market like India, says Kailash Kulkarni, Chief Executive Officer, L&T Mutual Fund.
by Ravi Samalad Jul 7, 2015
Why do fund managers increase the maturity of paper?
Fund managers adjust the duration of portfolio by taking a call on the direction of interest rate movements.
by Team Cafemutual Jul 6, 2015
AMFI board to discuss scheme consolidation
SEBI Chief UK Sinha has nudged fund houses to consolidate schemes.
by Nishant Patnaik Jul 6, 2015
