Retail investors back in equity funds?
The industry saw new folio additions of close to four lakh in equity funds in April.
by Ravi Samalad May 14, 2014
Better times for infrastructure funds
23 infrastructure funds have posted an absolute return of 31% in the last three months.
by Nishant Patnaik May 14, 2014
IFAs too choose Namo as PM
Over 81% IFAs responded in favour of Narendra Modi in an opinion poll recently run by Cafemutual.
by Nishant Patnaik May 13, 2014
Fund houses gear up to raise their net worth
While AMCs are preparing to raise their net worth, they are unhappy with SEBI’s decision to raise net worth to Rs. 50 crore instead of Rs. 25 crore recommended by SEBI Mutual Fund Advisory Committee.
by Ravi Samalad May 13, 2014
Sundaram BNP Paribas Fund Services bags certification for quality
The Chennai based R&T received International Standards for Assurance Engagements (ISAE) Type II certification for quality in operating model and control systems.
by Team Cafemutual May 13, 2014
In-person verification of investors can be done through web camera
Distributors were facing difficulties in performing IPV of outstation clients.
by Ravi Samalad May 12, 2014
Indian markets climb new highs, Nifty breaches 7000
The Sensex gained 556 points while Nifty gained 155 points by recording second consecutive high.
by Team Cafemutual May 12, 2014
Bank sponsored AMCs gaining stronger foothold in B-15 cities
Principal, HDFC, SBI, Axis, Canara Robeco and Union KBC have over 17% of their AUM coming from B-15 cities.
by Nishant Patnaik May 12, 2014
SREI Infrastructure floats secured redeemable NCD
Non-Convertible Debentures (NCD) of SREI Infrastructure offer a yield of 12 percent per annum for both three years and five years maturity periods.
by Team Cafemutual May 10, 2014
AMFI standardizes product labelling guidelines
The revised product labelling guidelines will be effective from July 01.
by Ravi Samalad May 10, 2014
Sensex zooms 650 points, hits 23000
The 30-share Sensex gained 650 points while Nifty rose 198 points to reach all-time high.
by Team Cafemutual May 9, 2014
MF industry’s assets under management reach all-time high in April
Industry’s AUM went up 15 percent from Rs. 8.25 lakh crore in March to Rs. 9.45 lakh crore in April due to inflows in liquid funds.
by Team Cafemutual May 8, 2014
‘Living up to investors’ expectations is a huge responsibility’
Vikaas Sachdeva, Chief Executive Officer, Edelweiss Mutual Fund takes us through his journey in the mutual fund industry and what it takes to succeed in the investment management profession.
by Ravi Samalad May 8, 2014
Mutual fund industry lost 52 lakh retail folios from equity funds last year
Retail investors cashed out of equity funds last year while HNIs and banks increased their exposure to equity funds.
by Ravi Samalad May 7, 2014
Fund houses awaiting clarity on FATCA regulations
Several fund houses have stopped accepting fresh investments from US citizens.
by Ravi Samalad May 7, 2014
