MF News

23 infrastructure funds have posted an absolute return of 31% in the last three months.

Over 81% IFAs responded in favour of Narendra Modi in an opinion poll recently run by Cafemutual.

While AMCs are preparing to raise their net worth, they are unhappy with SEBI’s decision to raise net worth to Rs. 50 crore instead of Rs. 25 crore recommended by SEBI Mutual Fund Advisory Committee.

The Chennai based R&T received International Standards for Assurance Engagements (ISAE) Type II certification for quality in operating model and control systems.

Distributors were facing difficulties in performing IPV of outstation clients.

The Sensex gained 556 points while Nifty gained 155 points by recording second consecutive high.

Principal, HDFC, SBI, Axis, Canara Robeco and Union KBC have over 17% of their AUM coming from B-15 cities.

Non-Convertible Debentures (NCD) of SREI Infrastructure offer a yield of 12 percent per annum for both three years and five years maturity periods.

The revised product labelling guidelines will be effective from July 01.

The 30-share Sensex gained 650 points while Nifty rose 198 points to reach all-time high.

Industry’s AUM went up 15 percent from Rs. 8.25 lakh crore in March to Rs. 9.45 lakh crore in April due to inflows in liquid funds.

Vikaas Sachdeva, Chief Executive Officer, Edelweiss Mutual Fund takes us through his journey in the mutual fund industry and what it takes to succeed in the investment management profession.

Retail investors cashed out of equity funds last year while HNIs and banks increased their exposure to equity funds.

Several fund houses have stopped accepting fresh investments from US citizens.

The fund house plans to launch World Healthscience Fund, European Fund, and Japan Nikkei 225 Fund.