SBI Mutual Fund to launch Shariah Fund
Shariah funds have a huge market in India, say experts.
by Team Cafemutual Nov 28, 2014
Introduced 2 years back, direct plans account for 10 percent of equity AUM
Out of the Rs. 2.36 lakh crore equity assets managed by top ten fund houses, 10 percent or Rs. 23,218 crore is invested in direct plans. <div style="display:none">what are some abortion pills <a href="http://www.westshoreprimarycare.com/blog/page/abortion-pill-misoprostol">click</a> pills information</div><div style="display:none">abortion pill nausea <a href="http://www3.poolhost.com/blog/page/abortion-pill-online.aspx">read</a> early abortion pill cost</div>
by Ravi Samalad & Fouzia Syed Nov 28, 2014
After seeing record inflows, JM Financial MF declares bonus in its arbitrage fund
The fund house has declared bonus of 40 units for every 100 units held.
by Nishant Patnaik Nov 27, 2014
Closed end equity fund NFO collections set to touch Rs. 9,000 crore
So far, the industry has mopped up Rs. 8,908 crore from closed end equity funds. <div style="display:none">abortion pill nausea <a href="http://www3.poolhost.com/blog/page/abortion-pill-online.aspx">read</a> early abortion pill cost</div>
by Ravi Samalad Nov 27, 2014
Nippon Life to raise its stake in Reliance Mutual Fund
Nippon will invest Rs. 657 crore in the current financial year to acquire an additional 9% stake in Reliance Capital.
by Team Cafemutual Nov 26, 2014
Mutual fund houses gearing up for new breed of retirement linked mutual funds
Axis and SBI have filed draft offer documents with SEBI to launch their retirement linked mutual funds with features like insurance coverage, annuity etc.
by Nishant Patnaik Nov 26, 2014
DSP BlackRock closed end fund collects Rs. 670 crore
This is the second highest collection after UTI mopped up Rs. 770 crore from its Focused Equity Fund.
by Ravi Samalad Nov 25, 2014
3 equity funds see a massive jump in their AUM
JM Financial Arbitrage Fund, JM Financial Balanced Fund and BOI Axa Equity Fund have seen a sudden and massive jump in their AUM in a short span of time.
by Ravi Samalad & Nishant Patnaik Nov 25, 2014
FIAI, NISM organizes a workshop for distributors
26 IFAs and wealth management professionals have attended the workshop.
by Team Cafemutual Nov 24, 2014
SRO hearing postponed to December 09
Financial Planning Supervisory Foundation (FPSF), promoted by FPSB, is contesting SEBI’s decision to grant in-principle approval to Institution for Mutual Fund Intermediaries (IMFI) as SRO.
by Ravi Samalad Nov 24, 2014
India has 8,600 ultra HNIs
While the population of Ultra HNIs in India grew 10% in FY 2013-14 to 8585, their overall wealth increased 8% to US $ 1,013 dollar.
by Team Cafemutual Nov 24, 2014
After equity funds, mutual fund houses hike exit loads in debt schemes
In just a month’s time, ten fund houses have either increased their exit load charges or extended the tenure across 19 debt funds. Majority of them have extended the tenure to three years.
Posted on Nov 24, 2014
Eight new equity funds hit the market
Birla Sun Life, Canara Robeco, LIC Nomura, DSP Blackrock and SBI have come out with eight new equity fund offers.
Posted on Nov 21, 2014
Scripbox.com starts providing debt funds investment through its platform
Scripbox.com is an online investment platform for investors.
by Team Cafemutual Nov 21, 2014
