Equity mutual funds see Rs 937 crore net inflows in June
Gross redemptions from equity funds dropped 63% to Rs 2243 crore in June as against Rs 6002 crore in May, shows AMFI data.
Posted on Jul 11, 2013
What causes the rupee to depreciate?
The rupee has slid to a historic low against the dollar. Wonder what causes such movements? Read on....
by Content Team, fundsupermart Jul 11, 2013
Commission payouts to the top mutual fund distributors go up by 31 percent
A Cafemutual study shows that Reliance paid the highest commission of Rs 368 crore followed by HDFC which paid out Rs 337 crore.
by Ravi Samalad Jul 9, 2013
IFAs start registering with SEBI as Investment Advisers
The first lot of Investment Advisers expected to receive their registrations soon, learns Cafemutual.
by Ravi Samalad Jul 8, 2013
India remains a favorite destination for FIIs: Kaushik Dani
Kaushik Dani, Head – Equity, Peerless Mutual Fund believes that India will continue to be an attractive market for FIIs over the long term despite all the headwinds.
by Ravi Samalad Jul 8, 2013
MF industry AUM reaches a new high
The industry’s assets under management increased from Rs 8.16 lakh crore in March 2013 to Rs 8.46 lakh crore in June 2013 mainly due inflows in debt funds.
Posted on Jul 4, 2013
UTI appoints Leo Puri as its MD; Navin Tewari to join Ultra Tech Cement
UTI Shareholders approved the appointment of Leo Puri on July 03, 2013.
by Team Cafemutual Jul 3, 2013
Banks may have to change their incentive structure for RMs
The RBI draft guidelines states that salespersons of banks cannot be given any incentive (cash or non-cash) from the income received by selling third party products.
by Ravi Samalad Jul 1, 2013
How is the falling rupee impacting the performance of funds?
Cafemutual speaks to a few fund managers to understand the possible impact of rupee depreciation.
by Nishant Patnaik Jul 1, 2013
FIAI launches its website
A unique section called ‘Members Zone’ will enable members to interact with other members and upgrade their knowledge.
by Team Cafemutual Jul 1, 2013
Colour codes to signal risk level of MFs come in to effect from July 1
Product labeling by colour may not serve the purpose, feel advisors.
by Team Cafemutual Jun 30, 2013
