IFAs contribution in mutual fund assets declines by 9 percent
Share of banks, large distributors and direct sales has witnessed a marginal growth during the previous fiscal.
by Team Cafemutual Nov 18, 2013
Investors continue to cash out from equity funds
Equity funds lost more than five lakh folios in October, shows SEBI data.
Posted on Nov 15, 2013
More fund houses approach SEBI to launch pension funds
These funds will have to receive Central Board of Direct Taxes (CBDT) approval to get a pension fund status.
by Ravi Samalad Nov 14, 2013
SBI MF appoints Dinesh Khara as new MD & CEO
Deepak Chatterjee will act as an Advisor to the fund house.
by Team Cafemutual Nov 14, 2013
Fund houses rush to launch equity funds
Axis and Pramerica has launched their equity funds while Reliance and ICICI are set to launch their closed ended funds on November 15, 2013 and November 18, 2013 respectively.
Posted on Nov 12, 2013
Birla Sun Life unveils investor awareness campaign Jaanoge tabhi toh Maanoge
A 35-second television commercial tries to break the myth of quick returns in mutual funds.
by Team Cafemutual Nov 12, 2013
Top performing funds of September quarter: CRISIL
Click here to see the list of best performing schemes for the quarter ended September 2013 across 17 categories.
by Team Cafemutual Nov 11, 2013
LIC Nomura launches capital protection fund
Five fund houses have launched capital protection funds in the recent past.
by Team Cafemutual Nov 11, 2013
FT Academy goes online in India
Launched a decade ago, FT Academy has been a hit among advisors. Now, the academy aims to provide the same experience online in five different languages. Harshendu Bindal, President, Franklin Templeton shares more details about this initiative with Cafemutual.
by Ravi Samalad Nov 11, 2013
Economy will pick up within 6 to 12 months: Sunil Singhania
Sunil Singhania, Head-Equities talks about the rationale behind launching Reliance Close Ended Fund Series-A with Cafemutual.
Posted on Nov 10, 2013
Equity funds see net outflow of Rs 3225 crore as Sensex surges 9.2 percent
The S&P BSE Sensex gained 1785 points during the period.
Posted on Nov 10, 2013
L&T Infra Debt Fund gets AAA rating from CRISIL
CRISIL has assigned AAA rating to L&T Infra Debt Fund Limited (L&T IDF). IDFs will allow the flow of long-term lower cost funds to operational Public Private Partnership (PPP) infrastructure projects.
by Team Cafemutual Nov 9, 2013
India’s has the 6th largest billionaire population
India’s 103 billionaire have a combined net worth of US$ 180 billion, shows a Wealth X and UBS Billionaire Census 2013 Report.
by Team Cafemutual Nov 9, 2013