Small fund houses against net worth hike
SEBI’s Mutual Fund Advisory committee has proposed to hike the net worth of fund houses to Rs 25 crore within three years.
by Nishant Patnaik Nov 27, 2013
Franklin Templeton’s Bluechip and Prima Fund complete 20 years
According to the fund house, Prima Fund has 93000 investors while the Bluechip Fund has around three lakh investors.
by Team Cafemutual Nov 27, 2013
SBI MF merges four schemes of Daiwa MF
SBI has reportedly paid Rs 1.3 crore to buy four schemes of Daiwa Mutual Fund.
by Team Cafemutual Nov 25, 2013
Shriram City Union Finance floats secured NCDs
Shriram City Union Finance company’s secured non-convertible debentures (NCD) is offering effective yield of 11.50 % per annum for maturity of five years.
by Team Cafemutual Nov 25, 2013
Birla Sun Life AMC launches banking and financial services fund
The NFO opens on November 25, 2013 and closes on December 9, 2013.
by Team Cafemutual Nov 25, 2013
Fund houses gear up to launch RGESS ahead of tax season
Birla Sun Life and Sundaram file offer documents with SEBI to launch Rajiv Gandhi Equity Savings Scheme (RGESS).
by Ravi Samalad Nov 25, 2013
‘Prof Simply Simple’ Dharmendra Satapathy quits Tata MF
Suraj Kaeley and Aloke Vohra also quit their positions at L&T Financial Advisory and IDFC MF respectively.
by Ravi Samalad Nov 22, 2013
Over 500 delegates attend Cafemutual Confluence 2013
The CIO and CEO panel discussion will be aired on Bloomberg.
by Team Cafemutual Nov 22, 2013
Retail investors share in MF pie grows by 8 percent since 2008
Retail and HNIs contribution in MF assets exceeds institutional investors.
Posted on Nov 22, 2013
Scheme merger becomes cheaper for AMCs after reduction in STT
Since June 2013, four fund houses have merged their schemes post the reduction in securities transaction tax (STT).
by Ravi Samalad Nov 22, 2013
RBI plans to tighten norms for third party product sales by banks
The banking regulator is mulling to extend the ambit of Treating Customers Fairly (TCF).
by Team Cafemutual Nov 22, 2013
FPSB holds Financial Planning Symposium 2013-14
Leading financial planners of India and foreign countries shared their experiences and gave tips on business development.
by Team Cafemutual Nov 20, 2013
Axis launches close ended small cap fund
The fund will become open ended after five years.
by Team Cafemutual Nov 19, 2013
Galaxy of speakers at Cafemutual Confluence 2013
The theme of this year’s event is ‘Expanding the MF pie’
by Team Cafemutual Nov 18, 2013
