Five more close end funds to hit the market soon
Axis, Birla Sun Life, Kotak and Sundaram have filed offer documents with SEBI for launching close end funds.
by Ravi Samalad Apr 7, 2014
Five fund houses withdraw FMPs due to lukewarm response from investors
Drop in yields and competition among AMCs to offer FMPs posed a challenge for fund houses to garner money in FMPs during March quarter.
by Nishant Patnaik Apr 5, 2014
AMFI relaxes EUIN norms for mutual fund distributors
EUIN remediation period will remain 30 days as opposed to seven days proposed earlier by AMFI.
by Ravi Samalad Apr 5, 2014
Shriram City Union Finance floats secured NCD
Shriram City Union Finance company’s secured non-convertible debentures (NCD) is offering effective yield of 11.50 % per annum for maturity of five years.
by Team Cafemutual Apr 4, 2014
SAT to hear FPSF’s appeal against SEBI’s SRO decision soon
The appeal is likely to come up for hearing on April 23.
by Ravi Samalad Apr 4, 2014
‘Market rally may continue if investment cycle revives’
Markets are trading at reasonable levels and the rally may continue if investment cycle revives and the government expands tax revenue collection and curtails wasteful expenditure on various subsidies, says Gopal Agarwal, Chief Investment Officer, Mirae Asset Mutual Fund.
by Ravi Samalad Apr 3, 2014
ICICI Prudential is now the second largest fund house
ICICI Prudential Mutual Fund’s AAUM has reached Rs. 1.06 lakh crore in March 2014.
by Team Cafemutual Apr 2, 2014
Motilal Oswal Mutual Fund to launch MOSt Focused Multicap 35 Fund
The NFO opens for subscription on April 7, 2014 and closes on April 17, 2014.
by Team Cafemutual Apr 2, 2014
RBI keeps interest rates unchanged; what does it mean for your clients?
Fund managers recommend investors to take exposure to short-term and accrual funds.
by Team Cafemutual Apr 1, 2014
Franklin Templeton launches Banking and PSU Debt Fund
The fund will follow an active investment strategy of investing in debt and money market instruments issued by banks and PSUs.
by Team Cafemutual Apr 1, 2014
Rajiv Gandhi Equity Savings Schemes mop up Rs. 212 crore
Five funds have collected Rs. 212 crore from their NFOs this year compared to Rs. 230 crore last year.
by Nishant Patnaik Mar 29, 2014
Should passive funds become active in proxy voting?
Passive funds should only reflect their underlying indices, feel experts. Globally, passive funds are known to be activists.
by Ravi Samalad Mar 29, 2014
Banking debt funds are the flavour of the season
Know why banking debt funds prove to be the ideal investment option for risk averse investors.
by iFAST Research Team Mar 29, 2014
ICICI Prudential Mutual Fund sweeps Morningstar awards
Morningstar gives the Best Debt, Equity and Multi-Asset fund house award to ICICI Prudential Mutual Fund.
by Team Cafemutual Mar 28, 2014
Majority of investors are happy with their investment in mutual funds, FIAI study
67% of investors in liquid funds were highly satisfied, followed by 59% of investors in diversified equity funds.
by Team Cafemutual Mar 27, 2014
