AMFI promoted IMFI as an SRO evokes mix responses
While some feel that AMFI promoted SRO will have a better understanding of distribution fraternity others say that a manufacturer led association may not be effective in regulating distributors.
by Nishant Patnaik Feb 12, 2014
SEBI gives AMFI the nod to set up distributor SRO
Market regulator SEBI has given an in-principle approval to Institution of Mutual Fund’s Intermediaries (IMFI) to form self-regulatory organization on Friday.
by Ravi Samalad Feb 10, 2014
DSP BlackRock Dynamic Asset Allocation Fund collects Rs 476 crore
Dynamic Asset Allocation Fund(DAAF) claims to have received subscription from over 14,100 investors.
by Team Cafemutual Feb 10, 2014
FIAI launches Arthik Gyan financial literacy drive for students
Financial Intermediaries Association of India (FIAI) facilitated training for National Financial Literacy Assessment Test (NFLAT) for students in 63 schools through its member originations.
by Team Cafemutual Feb 10, 2014
Forthcoming mutual fund distributors CPE programs
The CPE tests are conducted by Institute of Financial Markets (ITM), Centre for Investment Education and Learning (CIEL), National Stock Exchange (NSE) and Financial Technologies Knowledge Management Company (FTKMC).
by Team Cafemutual Feb 10, 2014
Franklin Templeton announces dividend in Franklin India Smaller Companies Fund
Franklin Templeton mutual fund has declared dividend under its scheme called Franklin India Smaller Companies Fund (FISCF).
by Team Cafemutual Feb 10, 2014
IDBI Mutual Fund launches IDBI Debt Opportunities Fund
IDBI Mutual Fund has launched an open ended income scheme called IDBI Debt Opportunities Fund. The NFO of the fund is open for subscription on February 11, 2014 and closes on February 24, 2014.
by Team Cafemutual Feb 10, 2014
AMCs welcome move to disclose promoter group holdings
Industry experts say that promoter group holding disclosure should be more elaborative.
by Nishant Patnaik Feb 10, 2014
Mutual fund industry assets reach all-time high in January
The industry’s asset base grew 4% from Rs. 8.66 lakh crore to touch Rs. 9.03 lakh crore in January.
by Team Cafemutual Feb 10, 2014
PFRDA proposes to allow partial withdrawal in NPS
A partial withdrawal of up to 25% from accumulated corpus is proposed to be allowed by PFRDA.
by Nishant Patnaik Feb 7, 2014
Reliance Mutual Fund discloses group companies investments in its schemes
The group companies have invested Rs 3,274 crore in Reliance Mutual Fund schemes.
by Team Cafemutual Feb 7, 2014
ICICI Prudential Equity Savings Fund extends NFO period
The NFO period is open till 14th February.
by Team Cafemutual Feb 6, 2014
AMCs rush to launch equity funds
Recently launched equity funds have mopped up close to Rs. 2167 crore from investors.
by Ravi Samalad Feb 6, 2014
U K Sinha to continue as SEBI chairman; reports
The current SEBI chairman is likely to get a two year extension, say media reports.
by Team Cafemutual Feb 5, 2014
K N Sivasubramanian to step down as CIO of Franklin Templeton
Siva had maintained one of the best track records in the Indian mutual fund industry and was widely admired and loved for his sterling qualities.
by Team Cafemutual Feb 5, 2014
