Oliver Bilal, Baroda Pioneer MF CEO quits
Oliver had joined Baroda Pioneer MF in January 2015.
by Ravi Samalad & Nishant Patnaik May 8, 2015
Riskometer: Better tool to measure risk associated with MF
Investors in mutual funds now have a new feature that will help them to assess risks associated with a particular fund that they are buying. This is in the form of a riskometer and this will replace the earlier colour coding that was present wherein there were three colours to mark the various schemes that the investors could look at.
by Source: Money Control May 8, 2015
Despite 3 percent drop in Sensex, equity funds add close to 3 lakh folios in April
Equity funds received net inflows of Rs. 10,584 crore in April.
by Team Cafemutual May 7, 2015
MF industry AUM touches Rs.11.86 lakh crore in April
Equity funds see healthy inflows of Rs.10,500 crore in April.
by Team Cafemutual May 7, 2015
‘Historically, asset managers have voted with their feet’
SBI Mutual Fund has become the first fund house in India to adopt the CFA Institute Asset Manager Code of Professional Conduct. Navneet Munot, Chief Investment Officer, SBI Mutual Fund talks to Cafemutual about the rationale behind adopting this code and its benefits for investors and distributors.
by Ravi Samalad May 6, 2015
SEBI International Advisory Board recommends ‘comply or explain’ code for AMCs
The recommendation was made by the International Advisory Board while reviewing the governance role played by institutional investors in investee companies.
by Ravi Samalad May 6, 2015
HDFC MF head Milind Barve bags Maxwell Business Leadership Award
The award was presented by Maxell Foundation, a non-profit making public charitable trust which was formed for conferring Maharashtra Corporate Excellence Awards.
by Team Cafemutual May 5, 2015
‘There are some AMCs who would like to go direct’
Aashish Somaiyaa, Managing Director and Chief Executive Officer, Motilal Oswal Mutual Fund talks to Cafemutual about the growth of MOSL AMC in the last 2 years and what differentiates the fund house from others.
by Ravi Samalad May 5, 2015
Retirement is a priority for 46 percent of Indians: Reliance-IMRB survey
Also, majority of investors want to start investing between the age of 30-40 for retirement, shows a survey conducted by Reliance Mutual Fund and IMRB.
by Team Cafemutual May 5, 2015
LIC Nomura MF appoints CIO and COO
Saravana Kumar is the new Chief Investment Officer, Equity & Debt while Nityanand Prabhu is the Chief Operating Officer.
by Team Cafemutual May 4, 2015
Parag Parikh dies in a car accident in USA
He will be remembered for his frank and candid nature.
by Team Cafemutual May 4, 2015
SEBI does away with color coding, introduces Riskometer
SEBI has replaced color coding system with Riskometer.
by Team Cafemutual May 4, 2015
ASK Wealth Advisors bags Best Independent Wealth Manager Award
Formed in 2007, ASK Wealth Advisors is a leading independent wealth advisory and family office specialist managing assets under advisory Rs. 10,000 crore.
by Team Cafemutual May 4, 2015
Retail direct plan AUM in equity funds went up 85 percent last year
Retail direct plan equity base grew by 85% from Rs. 8,980 crore in March 2014 to Rs. 16,577 crore as on March 2015.
by Ravi Samalad May 4, 2015
RBI’s move to relax MF distribution norms for NBFCs to help AMCs expand footprint in B 15 cities
The relaxed norms will help small NBFCs to enter MF distribution space, said fund officials.
by Team Cafemutual May 4, 2015
