AMFI asks distributors, AMCs to update missing investor KYC data
Distributors have to furnish additional documents for updating missing information of investors who had undergone KYC before January 1, 2012.
by Nishant Patnaik Dec 15, 2014
‘Stick to the basics of investing for sustainable wealth creation’
Mirae’s flagship funds - Mirae Asset India Opportunities Fund and Mirae Asset Emerging Bluechip Fund have crossed Rs. 800 crore and Rs. 500 crore respectively. Gopal Agarwal, CIO, Mirae Asset Global Investments talks to Cafemutual about how his team has built a commendable track record.
by Ravi Samalad Dec 12, 2014
NSE to launch MF Simplified for distributors
The platform is currently at the testing stage.
by Nishant Patnaik Dec 12, 2014
‘Outperformance from current levels could be limited’
Unless major path breaking reforms are announced by the government, outperformance from current levels could be limited, says Nilesh Shetty, Associate Fund Manager-Equity, Quantum AMC.
by Ravi Samalad Dec 11, 2014
SEBI allows non demat transactions in MFs via stock exchanges
So far, only investors having a demat account were able to buy and sell mutual funds through the stock exchange platforms of BSE and NSE.
by Ravi Samalad Dec 10, 2014
AMCs underlining the importance of financial advisors through social media
Motilal Oswal, Franklin Templeton and Axis have launched a social media campaign to highlight the role of financial advisers among investors.
Posted on Dec 10, 2014
AMCs gearing up to comply with SEBI’s seed capital diktat
Fund houses are supposed to comply with SEBI’s seed capital rule by May 05, 2015.
by Nishant Patnaik Dec 9, 2014
Balanced funds gain popularity among investors
Assets under management in the category have increased 64% in April-November 2014.
by Ravi Samalad Dec 8, 2014
DSP BlackRock too queues up for retirement fund
DSP BlackRock Mutual Fund has filed a draft offer document with SEBI to launch mutual fund linked retirement fund.
by Team Cafemutual Dec 8, 2014
Equity funds receive nearly Rs. 5,000 crore net inflows in November
Equity funds (new launches and existing schemes) saw inflows of Rs. 10,296 crore in November while gross redemption stood at Rs. 5,548 crore.
by Team Cafemutual Dec 6, 2014
MF CEOs to meet SEBI chairman to discuss upfront commission issue
Chief executives of fund houses are likely to meet SEBI chairman U K Sinha on December 16 to give their feedback on upfront commissions.
by Ravi Samalad Dec 6, 2014
Banks should sell products based on customer’s needs: RBI charter
The central bank has released five basic rights of bank customers in a charter of consumer rights released on 03 December.
by Team Cafemutual Dec 5, 2014
Equity mutual fund AUM cross Rs. 3 lakh crore
The equity mutual fund assets increased 20% from Rs. 2.62 lakh crore in October to Rs. 3.15 lakh crore in November, shows SEBI data.
Posted on Dec 5, 2014
Baroda Pioneer launches Trigger Fund – Series I
The fund house is looking to collect over Rs. 100 crore from this scheme.
by Team Cafemutual Dec 4, 2014
