Aashish Somaiyaa to take over as the CEO of Motilal Oswal AMC
Aashish has been with ICICI Prudential AMC for over 12 years
by Team Cafemutual Dec 5, 2012
IDBI launches IDBI Gilt Fund
The new fund offer opens for subscription on December 5th and closes on December 17th
by Team Cafemutual Dec 4, 2012
Advisors can recommend direct plans & charge a separate fee: Shawn Brayman
Shawn Brayman, President and CEO, PlanPlus Inc believes that a direct share class structure is a win-win situation for both advisors and investors.
by Ravi Samalad Dec 4, 2012
DSP BlackRock to foray in NPS
The fund house has received an in-principle approval from PRDA to act as a fund manager for National Pension Scheme (NPS).
by Team Cafemutual Dec 2, 2012
Sanjay Sachdev steps down from Tata Mutual Fund
Sanjay was heading Shinsei AMC before joining Tata in 2010.
by Team Cafemutual Nov 30, 2012
AMFI rolls out unique identity number for distributor’s employees
Employees of distributors offering sales advice to investors need to surrender their existing corporate ARN cards by 30th November.
by Ravi Samalad Nov 30, 2012
New KYC norms to become effective from 1st December 2012
MF investors who have done their KYC before January 01, 2012 are required to provide certain additional mandatory information to invest in new mutual funds from November 30th.
by Team Cafemutual Nov 30, 2012
Reliance MF betting big on ETFs
Reliance has filed offer documents with SEBI for launching three ETFs
by Pallabika Nov 30, 2012
Mid-sized AMCs cut losses in FY12
Seven mid-sized fund houses managed to cut their losses to the tune of Rs 39 crore in FY12 despite bad market conditions.
by Ravi Samalad Nov 29, 2012
UTI AMC starts a fresh search for its Chairman
The position has been vacant for over 21 months since U. K. Sinha left UTI to take over as SEBI Chairman.
by Team Cafemutual Nov 27, 2012
L&T completes the acquisition of Fidelity
L&T Mutual Fund to now manage Rs. 12,800 crore for 9.5 lakh investors.
by Team Cafemutual Nov 26, 2012
‘Investors should have 30 percent exposure in passive funds’
Manish Bandi, Vice President, Fund Manager at India Infoline AMC makes a case for passive investing.
by Ravi Samalad Nov 26, 2012
Ashu Suyash takes over as the new CEO of L& T Mutual Fund
Ashu has been associated with Fidelity from late 2003.
by Pallabika Nov 25, 2012
Reliance Mutual Fund launches a portfolio SIP
Retail investor can invest in five different funds simultaneously.
by Pallabika Nov 22, 2012
Siddhartha Singh appointed as the CEO of PineBridge Investments AMC
He has replaced Sunil Mehta who will continue to be the Country Head of AIG in India.
by Team Cafemutual Nov 22, 2012