Motilal Oswal AMC raises its net worth to Rs. 52 crore
According to the revised SEBI rules, fund houses are required to maintain a minimum net worth of Rs. 50 crore.
by Team Cafemutual Jun 10, 2014
‘Like there is no oversupply of doctors, there will never be oversupply of IFAs in our country’
Amit Kukreja, Founder, WealthBeing Advisors shares his experience of being a SEBI registered Investment Adviser (RIA).
by Ravi Samalad Jun 10, 2014
Equity inflows positive in May 2014; folio count, however, falls
The total investor count in equity funds stands at 2.92 crore now.
by Team Cafemutual Jun 9, 2014
‘We are open to inorganic growth’
If we get the right opportunity at the right price, we are open to the idea of growing inorganically, says Anutosh Bose, Chief Operating Officer, LIC Nomura Mutual Fund.
by Ravi Samalad Jun 9, 2014
‘Fee only planners is the only category suited to be Investment Advisers’
Melvin Joseph of Finvin Financial Planners shares his experience of being a SEBI registered Investment Adviser.
by Ravi Samalad Jun 7, 2014
MF industry’s assets crosses Rs. 10 lakh crore mark in May
Industry’s AUM went up to Rs. 10.11 lakh crore in May from Rs. 9.45 lakh crore in April due to inflows in liquid, income and equity funds.
by Team Cafemutual Jun 6, 2014
‘Don’t try to circumvent SEBI rules’
Rajesh Chheda of Finance Factory shares his experience of being a SEBI regulated Investment Advisor (RIA).
by Ravi Samalad Jun 5, 2014
Fund focus – Tata Ethical Fund
Although Tata Ethical Fund is positioned as a Shariah compliant fund, we believe that this theme should not be targeted at just one category of investors.
by Investment Advisory Division, iFAST Financial Jun 4, 2014
Single SRO for distributors of all financial products
A committee on investor awareness and protection has recommended common minimum standard for distributors across all financial products.
by Nishant Patnaik Jun 4, 2014
Small fund houses buck trend; record more than 2 lakh growth in folios
While the industry lost 32.79 lakh folios, these 12 AMCs added more than two lakh folios last year.
by Ravi Samalad Jun 4, 2014
RBI keeps interest rates unchanged, what does it mean for your clients?
Fund managers recommend investors to invest in short to medium term funds.
by Team Cafemutual Jun 3, 2014
Investor complaints against top fund houses drop by 46 percent in 2014
Standardization of processes, enhanced quality checks and reduction in transaction volumes have resulted in less number of complaints against fund houses.
by Ravi Samalad Jun 2, 2014
High on expenses, low on performance
Majority of equity funds having expense ratio of over 3% have underperformed when compared to their one year category average returns.
by Nishant Patnaik Jun 2, 2014
NSE set to launch MF simplified platform for distributors soon
NSE started offering membership of this new platform to distributors in December 2013.
by Ravi Samalad May 31, 2014
JP Morgan Mutual Fund to launch India Top 100 Fund
The new fund offer opens for subscription on June 02, 2014 and closes on June 16, 2014.
by Nishant Patnaik May 31, 2014