Should your clients invest in close end equity funds?
Fund advisers say that investors who don’t wish to redeem for a three year period can consider investing in close ended equity funds.
by Ravi Samalad Oct 19, 2013
BSE opens membership for mutual fund distributors
Mutual fund distributors have to pay a lifetime membership of Rs. 15000 in order to use BSE’s StAR MF platform.
by Ravi Samalad Oct 17, 2013
AMFI extends ARN fee waiver period till March 2014
AMFI extends ARN fee waiver period for the second time till March 2014 in order to attract new distributors.
by Ravi Samalad Oct 16, 2013
Peerless Short Term Fund declares dividend
The record date for dividend was October 10th, 2013.
by Team Cafemutual Oct 15, 2013
India to have 3.02 lakh millionaires by 2018: Credit Suisse
86% of India’s household assets consists of property and real assets
by Team Cafemutual Oct 15, 2013
SEBI floats consultative paper on real estate investment trust (REIT)
Globally, REITs are a popular investment option for pension funds and insurance.
by Team Cafemutual Oct 14, 2013
Profits of top 10 AMCs grow by 2 percent in FY 2012-13
HDFC MF emerges as the most profitable fund house
by Team Cafemutual Oct 12, 2013
Equity funds see net outflows of Rs 2116 crore in September on profit booking
The S&P BSE Sensex gained 2.6% from 18886 to 19378 points in September.
by Team Cafemutual Oct 10, 2013
e-KYCfrom UIDAI valid for KYC verification, says SEBI
UIDAI information valid for proof of identity and address
by Team Cafemutual Oct 9, 2013
Union KBC announces launch of its Union KBC Trigger Fund - Series 1
The fund NFO is targeting a collection of Rs 75 crore.
by Nishant Patnaik Oct 9, 2013
Shriram Transport floats secured redeemable NCDs
Shriram’s secured redeemable Non-Convertible Debentures (NCD) is offering effective yields of 11.75 % per annum for maturity of 7 years.
by Team Cafemutual Oct 8, 2013
Returns on short term debt fund go up as RBI cuts MSF rate
Fund managers recommend investors to invest in liquid and ultra-short term debt funds.
by Nishant Patnaik Oct 8, 2013
I-Can introduces Multi-MF platform with goal based solutions
The platform will recommend MF schemes based on client’s goals to advisers.
by Team Cafemutual Oct 7, 2013
Reliance MF introduces ‘trail non-stop’ for IFAs
Family members of a deceased IFA would receive the last drawn trail commission till the age of 70 years even if assets under advisory come to zero.
by Team Cafemutual Oct 7, 2013
SEBI allows MF distributors to carry out transactions through stock exchanges
Now, distributors can purchase or redeem MF units directly from stock exchange.
by Team Cafemutual Oct 6, 2013