MF News

RBI has proposed strict guidelines for banks selling third party products in its draft guidelines on wealth management/distribution services.

Inability to talk in investor’s language and the disconnect between AMCs and investors remain major challenges for the industry.

Indices expected to increase awareness about the performance of mutual funds

Deepali’s first client was in complete financial mess when he sought advice from her. Today, Now, he is about to buy a flat in Malad from the income earned from mutual fund investments.

Real growth to come from the untapped Tier 2 and 3 towns and rural India, says SEBI Chairman

SEBI chief urges industry to expand and tap the large pool of money invested in unauthorised chit funds.

Investments in direct schemes have gone up from 12% in December 2012 to 28% as on 31st May 2013.

SEBI’s mutual fund policy will ‘disincentivize’ AMCs if they fail to get certain percentage of their assets from B-15 cities.

SEBI has allowed limited purpose membership to mutual fund distributors with less financial and compliance burden.

SEBI to set a cut off time for accepting applications for SRO.

Considering the dividend distribution tax, the payout translates into a dividend of 3.73% (Rs.3.73 per unit on a face value of Rs.100/-) for the UTI-CRTS investors.

On the eve of one of the most anticipated events, A Balasubramanian, CEO, Birla Sun Life Mutual Fund and Chairman CII MF Summit speaks to Cafemutual on what the participants can expect to look forward to at the event.

Ronak Hindocha’s platform futureadvisor lets advisors create financial plans instantly.

While some distributors have bought software packages to keep track of commissions, others are yet to figure out a way.

Atul Khanna, Chief Technology Officer of Next Financial Advisors talks to Cafemutual about the company’s upcoming event and their B2B online investing portal.