Goldman Sachs AMC to launch government’s CPSE ETF
The government is planning to raise Rs. 3000 crore by divesting its stake in 10 public sector companies.
by Ravi Samalad Mar 1, 2014
Fund houses want post offices to distribute mutual funds
The extensive network of post offices could be leveraged to increase mutual fund penetration, say fund houses.
by Nishant Patnaik Feb 28, 2014
Birla Sun Life and LIC Nomura too launch RGESS
The NFO of both funds are currently open for subscription.
by Nishant Patnaik Feb 27, 2014
MF Utility platform expected to be launched soon
AMCs are required to contribute Rs. 5 lakh each for setting up the platform.
by Ravi Samalad Feb 27, 2014
ICICI Prudential MF launches ICICI Value Fund Series 3
The NFO will open for subscription on February 28 and close on March 14.
by Team Cafemutual Feb 26, 2014
Will PSU banks help mutual funds reach hinterland?
PSU banks have not been active in selling mutual funds due to low margins.
by Ravi Samalad Feb 26, 2014
Distributors opting out of transaction charges to retain clients
Many distributors have been refraining from levying transaction charges to their clients in a bid to remain competitive.
by Ravi Samalad Feb 26, 2014
India’s AUM GDP ratio higher than China
India lags behind many countries like USA, Brazil, UK, Bangladesh and Japan in terms of AUM/GDP ratio; however, it is ahead of China which has an AUM/GDP ratio of 5%.
Posted on Feb 24, 2014
Sundaram Mutual Fund elevates Sunil Subramaniam as Deputy CEO
Prior to this, Sunil Subramaniam was Director - Sales and Global Operations.
by Team Cafemutual Feb 24, 2014
HDFC Mutual Fund to launch the second in the series of cancer funds
The first fund launched in February 2011 has donated Rs. 10 crore through dividends to Indian Cancer Society (ICS).
by Team Cafemutual Feb 24, 2014
Fund managers have to be cynical: Nobutaka Kitajima
Nobutaka Kitajima, CIO, Equity, LIC Nomura Mutual Fund discusses talks about what it takes to be a fund manager, his favorite book and more.
by Ravi Samalad Feb 22, 2014
Edelweiss MF announces 5 percent dividend in Edelweiss Select Midcap Fund
Edelweiss Mutual Fund has declared dividend under its open ended equity scheme called Edelweiss Select Midcap Fund. The record date for which is February 25, 2014.
by Nishant Patnaik Feb 22, 2014
BOI AXA MF launches BOI AXA Equity Debt Rebalancer Fund
The fund will rebalance its equity and debt portfolio based on price to earnings ratio of Nifty.
by Team Cafemutual Feb 22, 2014
Distributors active in small cities offering bang for the buck to AMCs
A recent study of SEBI shows that distributors active in small cities giving a larger contribution in industry AUM for a rupee spent on them in terms of distribution costs by AMCs.
by Team Cafemutual Feb 22, 2014
