IDBI Mutual Fund launches IDBI Diversified Equity Fund
The new fund offer opened for subscription on March 10 and closes on March 24.
by Team Cafemutual Mar 13, 2014
SEBI tightens anti money laundering norms
Compliance of anti-money laundering rules have to be monitored by the Boards of the Asset Management Companies and the Trustees and in case of other intermediaries.
by Team Cafemutual Mar 13, 2014
FPSB appoints B.N. Srikrishna as Chairman of FPSB India
B.N. Srikrishna will take over from Mr. Dhirendra Swarup, Former Chairman - Pension Fund Regulatory and Development Authority (PFRDA).
by Team Cafemutual Mar 12, 2014
Mutual fund industry lost close to 30 lakh folios since April 2013
Majority of drop in folios has been due to closure of folios in equity funds.
Posted on Mar 11, 2014
Franklin Templeton declares dividend under its Templeton India Equity Income Fund
Franklin Templeton MF has announced a dividend of Rs.0.70 per unit (Face Value of Rs.10) or 7% in its open end scheme called Templeton India Equity Income Fund.
by Team Cafemutual Mar 11, 2014
'Interest rates are likely to remain stable for most part of 2014'
Lakshmi Iyer, Chief Investment Officer (Debt) & Head Products, Kotak Mutual Fund talks to Cafemutual about her outlook on debt market, gold and more.
by Ravi Samalad Mar 11, 2014
India’s billionaire population to double by 2023
India had 60 billionaires in 2013 which is likely to go up to 119 by 2023, shows a Knight Frank’s The Wealth Report 2014.
by Team Cafemutual Mar 10, 2014
India Infoline’s Rs. 100 crore NCD opens on March 12
IIFL’s unsecured redeemable Non-Convertible Debentures (NCD) is offering an effective yield of 12.68 % per annum compounded monthly for the maturity period of 5 years.
by Team Cafemutual Mar 10, 2014
DSP BlackRock to launch financial awareness drive for women
The awareness drive aims to cover 24 cities across the country.
by Team Cafemutual Mar 8, 2014
Rajiv Gandhi Equity Savings Scheme gets lukewarm response from investors
Three funds have collected close to Rs.155 crore from their NFOs so far.
by Nishant Patnaik Mar 8, 2014
Mutual fund industry assets reach record high at Rs. 9.16 lakh crore
The AUM of the industry reached a new high of Rs. 9.16 lakh crore in February from Rs. 9.03 lakh crore in January due to robust inflows in income funds.
by Team Cafemutual Mar 8, 2014
Mutual funds rush to launch fixed maturity plans
Fund officials expect Rs. 15000 crore to flow in FMPs in March.
by Ravi Samalad Mar 6, 2014
Axis and SBI to launch Inflation Indexed Bond Funds
Deutsche Mutual Fund was the first fund house to launch Inflation Indexed Bond Fund in January.
by Ravi Samalad Mar 5, 2014
Finding quality distributors is a cause of concern for fund houses
A SEBI survey shows that 61% of fund houses agree that industry has dearth of quality advisers.
by Nishant Patnaik Mar 4, 2014
BSE to launch StAR MF platform for distributors
Around 300 distributors, including 65 IFAs, have taken membership of BSE StAR MF platform so far.
by Ravi Samalad Mar 3, 2014
