DSP BlackRock files offer document for three international funds
The fund house plans to launch World Healthscience Fund, European Fund, and Japan Nikkei 225 Fund.
by Team Cafemutual May 5, 2014
Gold ETF trading falls drastically on Akshaya Tritiya
NSE saw trading of only Rs. 35 crore compared to Rs. 691 crore last year on Akshaya Tritiya.
by Nishant Patnaik May 5, 2014
Sonia Gandhi, Rahul Gandhi and Amar Singh big investors in mutual funds
Amar Singh has invested Rs. 6.27 crore while the Gandhi duo - Sonia Gandhi and Rahul Gandhi jointly put in Rs. 1.63 crore in mutual funds, says a PTI report carried by DNA on Monday.
by Team Cafemutual May 5, 2014
IDBI AMC to get a new CEO
Satya Narayan Bareti, MD & CEO of IDBI Infrafin is likely to take charge as the new MD & CEO of IDBI AMC.
by Nishant Patnaik May 5, 2014
MF Utility platform set to be launched in June
The platform will be unveiled in two phases.
by Ravi Samalad May 2, 2014
Network FP Knowledge Conclave attracts 170 advisors
These knowledge conclaves will be held in seven more cities.
by Team Cafemutual May 2, 2014
Birla Sun Life, SBI and DSP BlackRock have highest promoter group share in AAUM
The sponsor and associates of Birla Sun Life Mutual Fund have contributed Rs. 6,568 crore in the total average asset under management as on March, 2014, highest among the top ten AMCs in terms of AAUM.
by Nishant Patnaik Apr 30, 2014
PineBridge Mutual Fund introduces dollar SIP facility
Investors can now invest an amount equivalent to the dollar rate in PineBridge India – US Equity Fund.
by Team Cafemutual Apr 29, 2014
As markets rally, mutual fund investors still in wait and watch mood
Experts say that redemption pressure has come down but no fresh investment is coming in equity mutual funds despite markets scaling new highs.
by Nishant Patnaik Apr 28, 2014
Online platforms cheer AMFI’s decision to change trail commission guidelines
AMFI has said that the new distributor will receive trail commission if assets are transferred to another ARN.
by Ravi Samalad Apr 26, 2014
Online investment platforms on the rise
A new portal called Moneybase provides online investing facility for investors and acts a sub-broking platform for IFAs.
by Ravi Samalad Apr 25, 2014
Small cap equity funds in vogue
Three fund houses – Sundaram, L&T and Birla Sun Life have launched close ended small cap focused funds.
by Nishant Patnaik Apr 24, 2014
Don’t give final approval to AMFI promoted IMFI as SRO: SAT
Securities Appellate Tribunal (SAT) has asked SEBI to send its reply justifying its decision to give AMFI promoted IMFI an in-principle approval to set up SRO by June.
by Ravi Samalad Apr 23, 2014
ICICI Prudential MF to launch ICICI Prudential Dividend Yield Equity Fund
The NFO of the fund opens for subscription on April 25, 2014 and closes on May 09, 2014.
by Team Cafemutual Apr 23, 2014
SBI MF launches SBI Dual Advantage Fund Series II
The NFO of the fund is open for subscription from April 22, 2014 and close on May 5, 2014.
by Team Cafemutual Apr 22, 2014