Equity funds attract Rs. 5,217 crore net inflows in August
The industry has received net inflows of Rs. 26,001 crore YTD as on August 2014.
by Team Cafemutual Sep 8, 2014
SBI Mutual Fund launches SBI Equity Opportunities Fund - Series I
The new fund offer opens for subscription on September 11 and closes on September 25.
by Team Cafemutual Sep 5, 2014
CAMS launches ‘on the go’ technology solutions for mutual funds
The R&T has launched four technology solutions for distributors which will help transacting in mutual funds easier and faster.
by Team Cafemutual Sep 5, 2014
Fund houses start due diligence of foreign investors
Fund houses have started asking foreign investors and distributors to furnish necessary details to comply with Foreign Account Tax Compliance Act (FATCA).
by Nishant Patnaik Sep 4, 2014
UTI Focused Equity Fund collects a record Rs. 770 crore
The scheme received around 67000 applications.
by Ravi Samalad Sep 4, 2014
Closed end equity funds mop up Rs. 4,500 crore in just nine months
Of 27 close end equity schemes, Sundaram MF and ICICI Prudential MF have launched half of them.
by Nishant Patnaik Sep 3, 2014
All you need to know about ultimate beneficial owner
Identifying ultimate beneficial owners (UBO) in case of non-individual investors is mandatory for fund houses.
by Ravi Samalad Sep 2, 2014
Peerless Mutual Fund appoints Rajiv Shastri as MD & CEO
Rajiv Shastri was heading the PMS and Products division at Pramerica Mutual Fund.
by Team Cafemutual Sep 2, 2014
Are you recommending gilt funds to your clients at this juncture?
With signs of easing inflation and expectations of a pause to rate hikes, investors having high risk appetite can consider investing in gilt funds at this stage, say financial advisers.
by Nishant Patnaik Sep 1, 2014
BNP Paribas Mutual Fund appoints Viji Krishnan as interim CEO
Viji is the Chief Operating Officer at BNP Paribas MF.
by Team Cafemutual Sep 1, 2014
Fund houses start focusing on retail investors
A few fund houses have made some key changes in their offerings like reduction of minimum lump-sum amount and revision of exit load structure to bring in first time retail investors and investors from B-15 cities on board.
by Nishant Patnaik Aug 30, 2014
Nikhil Johri quits BNP Paribas Mutual Fund
BNP Paribas manages assets under management of Rs. 3,661 crore as on June 2014.
by Ravi Samalad Aug 30, 2014
Bonus and dividend announcements come under SEBI scanner
While the schemes with dividend and bonus option are perfectly legitimate, what is inviting criticism is the practice of advance intimation of expected payout, writes AMFI to fund houses.
by Nishant Patnaik Aug 30, 2014
