MF News

Congratulations to all the 21 winners!

Distributors are not supposed to approach individual AMCs, RTAs for any modification in their employee unique identity number (EUIN) data from January.

In the second and concluding part of his first ever interview to Indian media, Jisang Yoo, CEO, Mirae Asset Mutual Fund says that the fund house plans to raise its assets to Rs 2000 crore in the next three years.

Of this, the industry lost more than 24 lakh folios from equity and balanced funds in the last eight months, shows the latest SEBI data.

Korean Mutual Fund giant Mirae which began its journey in India in late 2007 is slowly gaining acceptance in the Indian market. In his first ever interview with India media, Jisang Yoo who took over the reins of the company as its CEO recently shares his growth plans for Mirae in a two-part series with Cafemutual.

AMFI goes green in collaboration with AMCs

The record date for the dividend is December 24, 2012.

Leading experts from insurance, asset management and wealth management industry deliberated on the changing landscape of financial distribution in India at CII’s Financial Distribution Summit 2012 held in Mumbai.

Bond and gilt funds offer a good investment opportunity for over the medium term, say Fund Managers.

Ramanathan will lead the entire investment function at ING Investment Management India.

Anoop Bhaskar of UTI bagged the best equity fund manager award while Maneesh Dangi of Birla Sun Life walked away with the best debt fund manager award.

AMFI is in the process of working out the modalities of a simple certification with NISM.

Question on everyone’s mind is how many investors will opt for Direct plan

The fund aims to enhance equity returns while protecting downside by applying quant model.

While some among them may join other AMCs, others are planning on turning entrepreneurs