MF News

As most youngsters take up jobs at the private sector where there is no guarantee of any retirement income, it is essential for youngsters to take retirement seriously.

Mutual funds pour in Rs 22,000 crore in debt markets in April

AMFI will approach SEBI and the Ministry of Finance to discuss service tax issue this week.

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.