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  • MF News

    Government keeps small savings schemes rate unchanged
    The government has marginally hiked interest rates of post office savings schemes across 1 year, 2 year and 5 year tenure.
    by Team Cafemutual Jun 30, 2023
    Equity outlook: What do the experts suggest?
    Alok Singh of BOI MF, Asit Bhandarkar of JM Financial MF and Shibani Sircar Kurian of Kotak MF share their outlook and top picks for the coming month.
    by Karishma Gagwani Jun 30, 2023
    Debt outlook: What should you expect from debt funds in July?
    Amit Somani of Tata MF, Avnish Jain of Canara Robeco MF, Manish Banthia of ICICI Prudential MF and Rahul Singh of LIC MF share their debt outlook for the coming month.
    by Karishma Gagwani Jun 30, 2023
    Revisit Aadhaar Pan linking of your clients immediately to avoid business disruption
    Non-linking of Aadhaar and PAN will disrupt transactions in mutual funds from tomorrow.
    by Team Cafemutual Jun 29, 2023
    SEBI to bring a fresh consultation paper on TER rationalization
    The new consultation paper will bring cheer to the MF industry, feels SEBI Chief Madhabi Puri Buch.
    by Nishant Patnaik Jun 29, 2023
    AMCs will have to set up a committee to protect interests of MF investors
    Also, SEBI has increased net worth requirement for MF sponsors to Rs.150 crore.
    by Nishant Patnaik Jun 28, 2023
    Bajaj Finserv MF debuts with liquid and overnight fund
    The NFOs of both the schemes open on June 29 and close on July 4.
    by Team Cafemutual Jun 28, 2023
    Learn how to use technology beyond transactions at 4:30 pm tomorrow!
    Aakash Bansal, Co-Founder and CEO, Mercury by Vijya Fintech will talk about leveraging technology across business functions.
    by Team Cafemutual Jun 27, 2023
    STPs may not reduce your trail income
    Earlier, SEBI had proposed that MFDs can get commission structure in line with previous scheme on switch transactions.
    by Nishant Patnaik Jun 27, 2023
    AMFI urges SEBI not to include GST, stamp duty and brokerage expense within TER
    Fund houses reportedly say that this would hamper their ability to invest in their own business and increase penetration of mutual funds.
    by Nishant Patnaik Jun 26, 2023
    India has the lowest TER in both equity and debt funds: FIFA
    In its recommendation sent to SEBI, FIFA said that India has the lowest TER compared to other economies.
    by Nishant Patnaik Jun 25, 2023
    Listed AMCs make gross profit of 0.27% of the total assets in FY 2023
    Among four listed AMCs, HDFC AMC makes highest gross profit of 0.42% of its total financial and non and financial assets.
    by Nishant Patnaik Jun 23, 2023
    LIC MF will soon manage all IDBI MF schemes
    The fund house has provided a 30-day exit option period to its unitholders.
    by Team Cafemutual Jun 22, 2023
    SBI, ICICI Pru and HDFC top three fund houses in terms of direct assets
    While SBI MF has Rs. 4.54 lakh crore of direct AUM, ICICI Prudential MF and HDFC MF have over Rs. 2 lakh crore each.
    by Karishma Gagwani Jun 22, 2023
    Lower commission doesn’t necessarily translate into churning: Report
    Data shows that distributors do not prefer churning to earn additional commission.
    by Nishant Patnaik Jun 21, 2023