SEBI working on single KYC for financial markets; distributor and product labeling regulations soon
SEBI is going to hold discussions with other regulators and the Ministry of Finance to extend the KYC done through KYC Registration Agency (KRA) for the entire financial market.
by Team Cafemutual Jan 16, 2013
LIC Nomura MF adds additional features in its unit linked income scheme
LIC Nomura MF plans to garner Rs 500 crore under its unit linked income schemes till March end.
by Team Cafemutual Jan 16, 2013
New mutual fund distributors to get free ARN registration for five months
Registration fee of Rs 3000 waived off for distributors empaneling with AMFI between February and June.
by Pallabika Jan 16, 2013
Fund managers bullish on India
Speaking at the India Investment Conference organized by NISM in Mumbai last week, Prashant Jain, Sunil Singhania, Raamdeo Agrawal and Ridham Desai share their views on the current valuations, future outlook and key risks for the Indian markets.
by Team Cafemutual Jan 15, 2013
NISM simplifies certification for new cadre of distributors
SEBI’s decision to rope in more distributors should help increase the penetration of mutual funds.
by Ravi Samalad Jan 13, 2013
AMFI’s 'Central Distributor Services’ to bring operation relief to advisors
The centralized data keeping will be operational from January 15, 2013.
by Team Cafemutual Jan 13, 2013
‘Mis-selling is not an area of concern right now’ says A. Balasubramanian
In the concluding part of the interview, A. Balasubramanian, CEO of Birla Sun Life Mutual Fund says that given the good experience investors have had with mutual funds, the industry should focus on expanding the market.
by Ravi Samalad Jan 11, 2013
Investors cash out of equity funds as markets zoom up
Investors pull out Rs 10816 crore from equity funds from April to December, shows the latest AMFI data.
by Team Cafemutual Jan 10, 2013
The retail investor’s dependency on advisors is very high: A. Balasubramanian
In a two-part series with Cafemutual, A. Balasubramanian, CEO of Birla Sun Life Mutual Fund shares the progress of his fund house in 2012 and its plans to reach beyond the top 15 cities.
by Ravi Samalad Jan 10, 2013
SEBI notifies regulation on SRO for mutual fund distributors
With this, the process of setting up a SRO for mutual fund distributors begins.
by Team Cafemutual Jan 9, 2013
‘We plan to add 100 branches beyond top 15 towns’, says Himanshu Vyapak
In the concluding part of the interview with Cafemutual, Himanshu Vyapak, Deputy CEO, Reliance Mutual Fund shares his company’s plans to reach beyond the top 15 towns and more.
Posted on Jan 8, 2013
Mid Cap Funds stood out in 2012: Morningstar
60% of diversified equity funds underperformed BSE 100 index over a one year period but over three and five year timeframe these funds did much better.
Posted on Jan 8, 2013
Motilal Oswal AMC appoints Aashish Somaiyaa as its CEO
Aashish was heading the retail business at ICICI Prudential AMC earlier.
by Team Cafemutual Jan 8, 2013
Industry is moving from products to offering solutions: Himashu Vyapak
In a two part interview with Cafemutual, Himanshu Vyapak, Deputy CEO, Reliance Mutual Fund shares his plans for the fund house in 2013.
Posted on Jan 7, 2013
Simplified certification for new cadre of distributors to be out soon
The fee for a one-day training program for new cadre of distributors would be kept low.
by Pallabika Ganguly & Ravi Samalad Jan 6, 2013
