Meet multi asset allocation funds with equity and (new) debt taxation
Of 13 multi asset allocation funds, 5 funds offer equity like taxation structure.
by Nishant Patnaik Jun 20, 2023
HDFC Mutual Fund launches a video campaign on Father’s Day
The campaign underlines the significance of early beginnings through SIPs.
by Team Cafemutual Jun 19, 2023
Net SIP inflows fail to impress, start the new FY with a decline
The net to gross SIP inflow ratio declined from 51% in April 2023 to 39% in May 2023.
by Karishma Gagwani Jun 19, 2023
SBI MF, ICICI Prudential MF, HDFC MF report the highest AUM from regular plans
The three fund houses collectively manage close to Rs. 9 lakh crore of regular assets.
by Karishma Gagwani Jun 19, 2023
HDFC, ICICI Pru and UTI are MFDs/NDs favourite
Overall, non-associate distributors like MFDs and NDs account for 48% of MF assets.
by Karishma Gagwani Jun 18, 2023
Remember to submit your annual DSC by June 30 to avoid withholding/forfeiture of commission
Further, MFDs working with NDs can also send a scanned copy of the declaration form before June 30.
by Team Cafemutual Jun 18, 2023
Over 65% of partial NPS withdrawals are for residential property
Of the total 4.87 lakh partial withdrawal cases reported in FY 2022-23, 3.25 lakh are towards the purchase or construction of residential property.
by Karishma Gagwani Jun 13, 2023
Direct plan platforms to charge a flat transaction fee either from AMCs or investors
Such a fee (if coming from AMC) cannot be charged to the MF scheme, clarified SEBI.
by Nishant Patnaik Jun 13, 2023
