MF industry profits jumps 63 percent in FY 2014
Out of the 42 AMCs studied by Cafemutual, 21 have posted profits.
Posted on Oct 18, 2014
Fund houses rush to launch equity savings funds
After JP Morgan and Kotak, four more fund houses have filed offer documents to launch equity saving funds which use arbitrage strategy to offer tax efficiency to investors. <div style="display:none">what are some abortion pills <a href="http://www.westshoreprimarycare.com/blog/page/abortion-pill-misoprostol">cytotec abortion</a> pills information</div>
by Ravi Samalad Oct 18, 2014
National Institute of Technology, Rourkela wins Tata MF’s Simply Finance quiz
The quiz was aimed at creating financial awareness among the youth.
by Team Cafemutual Oct 16, 2014
Many small fund houses turn profitable
Not only did fund houses like Mirae, Quantum, PPFAS and IIFL turned profitable last fiscal, they have overtaken many of their larger peers in profits.
by Nishant Patnaik Oct 16, 2014
IFCI’s Rs. 250 crore NCD issue opens on October 20
The NCD is offering an effective yield of 9.9% for a term of five years.
by Team Cafemutual Oct 16, 2014
Sundaram Mutual Fund elevates Venkatesh Parthasarthy as its National Sales Head
Venkatesh was head of special business at Sundaram Mutual Fund.
by Team Cafemutual Oct 14, 2014
PFRDA constitutes 18-member advisory committee on pension funds
The committee will look into the matters relating to investor protection, industry development and simplifying regulations.
by Team Cafemutual Oct 13, 2014
AMFI’s proposal to ban upfront commissions draws flak from many distributors
Banning upfront will create bottlenecks for attracting new IFAs in the MF fold, caution experts.
by Ravi Samalad Oct 13, 2014
Profits of top ten AMCs up 42 percent in FY 2013-14
Profits of top ten AMCs up 42 percent in FY 2013-14
Posted on Oct 13, 2014
AMFI proposes to ban upfront commissions
AMFI has put a proposal to ban upfront commissions before AMCs.
by Team Cafemutual Oct 13, 2014
Hrishikesh Parandekar quits Karvy
Hrishi was heading the broking, wealth management and asset management business at Karvy.
by Ravi Samalad Oct 11, 2014