SEBI sticks to 10 year experience criteria for new cadre of distributors
NISM has awarded certifications to around 1000 distributors who comply with SEBI’s 10 year criteria.
by Ravi Samalad Jun 5, 2013
HSBC AMC rejigs fund management team
Sanjiv Duggal is Head of Asian and Indian Equities while Viresh Mehta is Head of Equities of HSBC India AMC.
by Team Cafemutual Jun 4, 2013
Top 16 AMCs account for 91 percent of industry’s folios
Only Axis among the top 16 AMCs manages to increase its folio count...
by Team Cafemutual Jun 4, 2013
Daiwa MF to sell its schemes to SBI MF
Uncertain global market conditions and increasing competition in Indian mutual funds industry are reportedly behind the decision to sell out.
by Team Cafemutual Jun 3, 2013
Reliance MF bags ‘The Best Mutual Fund House’ award from Asia Investor
Reliance among 13 fund houses to win the award in the Asia Pacific and Japan region
by Team Cafemutual Jun 3, 2013
Revised DDT in debt funds effective from June 1
Dividend options of debt funds are still attractive for investors falling in the highest tax slab of 30%.
by Team Cafemutual Jun 2, 2013
Forfeit commissions if you do not quote EUIN from June 1
AMCs will forfeit the commissions permanently if you are not able to furnish EUIN to fund houses within 90 days from June 01.
by Ravi Samalad Jun 1, 2013
AMFI gets 1000 new ARN registrations in a month
Many AMCs are roping in new cadre of distributors to expand their distribution force.
by Ravi Samalad May 30, 2013
SEBI disposes a case relating to trading in UTI Sunder ETF
SEBI was investigating the price movement in UTI Sunder ETF during August 01, 2011 to November 04, 2011 when its price went up from Rs 660 to Rs 2054.
by Team Cafemutual May 30, 2013
AMCs like, share, comment big time on social media to connect with the youth
AMCs are increasing their visibility through social media sites to connect with young professionals.
by Nishant Patnaik May 30, 2013
SEBI will accept applications to register as Investment Advisers at all offices
Filing of application for registration gets easier as all local and regional offices will accept the applications.
by Team Cafemutual May 29, 2013
Fund houses get innovative to create investor awareness
Fund houses launch investor awareness campaigns in line with the SEBI stipulation of spending 2 basis points of AUM on investor education.
by Ravi Samalad May 28, 2013
