MF industry added over 13,500 new equity folios per day in January
SEBI data shows that the industry has added 4.04 lakh folios in equity funds in January.
Posted on Feb 9, 2015
Birla Sun Life Manufacturing Fund collects Rs. 781 crore in NFO
The scheme has got 77,112 applications, claims the company.
by Team Cafemutual Feb 6, 2015
MF industry assets at an all-time high of nearly Rs. 12 lakh crore in January
The industry’s asset base grew 12% from Rs.10.51 lakh crore in December to touch an all-time high of Rs. 11.81 lakh crore in January.
by Team Cafemutual Feb 6, 2015
Aditya Birla Money launches ZipSIP
Through ZipSIP, investors can start SIPs within minutes and without any paperwork, claims the company.
by Team Cafemutual Feb 6, 2015
HNI folios increase sharply
HNI folios went up from 6.06 lakh in September 2009 to 14.56 lakh in December 2014.
by Ravi Samalad Feb 5, 2015
RBI Governor pitches for hiking tax saving investments limit under 80C – media reports
Rajan said that the benefits of this section have been lost over time as the limit was anchored at Rs.1 lakh for a long time.
by Team Cafemutual Feb 5, 2015
86 percent of equity assets are held by individual investors
Of the total Rs.3.20 lakh crore total equity assets, individual investors held Rs. 2.82 lakh crore in equity funds as on December 2014.
Posted on Feb 4, 2015
‘Fund manager’s decisions should not be influenced by hysteria’
Paul Parampreet, Fund Manager, Edelweiss Mutual Fund talks to Cafemutual about Edelweiss Absolute Return Fund, his learnings as a fund manager and more.
by Ravi Samalad Feb 4, 2015
JP Morgan launches ‘Alphabet’ a new investor awareness initiative
The fund house has launched an investor awareness program (IAP) to address queries of investors related to investments with the help of IFAs.
by Team Cafemutual Feb 3, 2015
HSBC launches China Consumer Opportunities Fund
The fund invests in mid to large cap global companies with significant revenues in the luxury sector and consumer discretionary sectors.
by Team Cafemutual Feb 3, 2015
RBI slashes SLR, keeps repo rate unchanged, what should you tell your clients?
Experts advise investors to invest in medium and high duration funds.
by Team Cafemutual Feb 3, 2015
Financial advisors reaching out to youngistaan through YouTube
Financial advisers and investor education firms use YouTube to spread financial awareness among youth.
Posted on Feb 2, 2015
NJ India’s assets under advisory cross Rs. 20,000 crore
The company’s assets under advisory in mutual funds increased from Rs. 11,928 crore in March 2014 to Rs. 20,000 crore in December.
by Ravi Samalad Feb 2, 2015
Top five AMCs get 60 percent of debt inflows
Experts attribute this concentration to institutional flows, low expense ratio and herd mentality.
Posted on Feb 2, 2015
Have closed end funds lived up to their expectations?
Closed end funds which have completed one year have delivered an average of 100% return over a one year period.
by Ravi Samalad Feb 2, 2015
