MF News

The new upgraded platform is expected to be launched on January 14, 2014.

ICICI Prudential Value Fund, Axis Small Cap Fund, Union KBC Trigger and Shriram Equity and Debt Opportunities Fund were launched in November.

Anoop Bhaskar, Anup Maheshwari, Prashant Jain and S Naren discuss the challenges and opportunities in fund management at Cafemutual Confluence 2013 held in Mumbai in a session moderated by Vivek Law, Editor, Bloomberg TV

Tax free bonds of HUDCO and NTPC are offering yield up to 9.01% and 8.91% per annum respectively to retail investors for the tenure of 20 years while IIFL Housing Finance NCD offers 12.15% for 5 years for all categories of investors.

Out of the 20 countries, India stands 19th in terms of retirement service standards.

Five close ended equity funds had hit the market recently.

It is claimed that large established players with a wider range of products have a distinct advantage over newer fund houses.

Eight capital protection funds have been launched in the past three months.

Axis Small Cap Fund has received 14000 applications of which over 30% are first-time mutual fund investors.

Birla Sun Life Insurance and Aegon Religare bag awards for innovation in customer service and product distribution respectively.

Research analysts will be required to register with SEBI and will be governed by a broad set of regulations.

“I create some nuisance value for fund managers and it’s fun. Fund management is something I have grown up with. I try to spot the trends earlier than the market,” says Nandkumar Surti, MD & CEO, JP Morgan Mutual Fund.

The regulator has allowed foreign feeder funds to invest in IDFs launched by AMCs.

Ajit Menon, D P Singh, Kailash Kulkarni, Karan Datta, Sunil Subramanian and Swarup Mohanty discuss ways to expand the mutual fund market through new products, channels & initiatives with Rajan Krishnan at Cafemutual Confluence 2013.

The NFO opens on 29 November and closes on 13 December.