How do AMCs track suspicious transactions in mutual funds?
R&Ts monitor investors transactions in mutual funds and if found dubious report them to AMCs. Suspicious Transaction Report (STR) is shared with Financial Intelligence Unit (FIU) in order to prevent money laundering.
by Team Cafemutual May 26, 2013
Ritesh Jain steps down from Canara Robeco Mutual Fund
Akhil Mittal will manage Canara Robeco InDiGo Fund, Canara Robeco, Gilt PGS & Canara Robeco Income Fund.
by Team Cafemutual May 26, 2013
DSP BlackRock, Pramerica take advisors back to school
DSP BlackRock has launched a certification called Accredited Wealth Planner (AWP) while Pramerica provides Diploma in Wealth Management to its advisors.
by Ravi Samalad May 26, 2013
UTI, SBI have the highest proportion of B-15 towns AUM
With 23.5% and 20.2% of their AUM coming from B-15 cities, UTI and SBI are the AMCs with the highest proportion of assets B-15 cities.
by Nishant Patnaik May 23, 2013
Mutual funds dial the mobile route
Nine fund houses offer investing through mobile phones to woo investors
by Ravi Samalad May 23, 2013
Mutual funds get ‘comical’ to attract investors
Many fund houses take recourse to comics and short films to de-jargonize the complicated terminology of mutual funds.
by Nishant Patnaik May 23, 2013
Fund houses acting faster to resolve investor complaints
A high majority of complaints are resolved within 30 days.
by Ravi Samalad May 22, 2013
How to make an ultra short term fund work for you?
Here are five ways to position an ultra short term fund in your portfolio. Not only do you earn a return, but your capital is at very low risk.
by Smitha Nair, Fundsupermart May 21, 2013
