PGR Prasad, former MD of SBI MF passes away
Mr PGR Prasad, a veteran in the mutual fund industry passed away.
by Team Cafemutual Nov 17, 2012
AMCs to contribute Rs 5 lakh each for setting up MF Utility
AMFI is in the process of forming a company which would operate on a no-profit no-loss basis.
by Ravi Samalad Nov 15, 2012
‘Passive’ managers line up active funds
While Goldman Sachs and IDBI have launched their actively managed products, Motilal Oswal too has filed its first offer document for an actively managed equity fund.
by Ravi Samalad Nov 14, 2012
Birla, ICICI Pru and Reliance join the race to launch Infrastructure Debt Funds (IDFs)
Fund houses rush to launch Infrastructure Debt Funds.
by Team Cafemutual Nov 14, 2012
Gold is an insurance cover on one’s investment portfolio: Lakshmi Iyer, Kotak Mutual Fund
Lakshmi Iyer, Senior Vice President & Head (Fixed Income and Products) feels that duration funds and dynamic funds could work well for investors.
by Ravi Samalad Nov 14, 2012
Gold ETF trading volumes zooms on exchanges during Dhanteras
NSE saw trading worth Rs 1337 crore while BSE records Rs 894 crore on Dhanteras.
by Team Cafemutual Nov 12, 2012
MF industry continues to see equity redemptions in October
From April to October, the industry has seen redemptions to the tune of Rs 8065 crore
by Team Cafemutual Nov 9, 2012
I have always looked at India as a growth market: Swati Kulkarni, UTI Mutual Fund
Swati Kulkarni EVP & Fund Manager – Equities, UTI Mutual Fund helms UTI Mastershare which is the oldest equity fund in India with a consistent dividend paying track record of 25 years. In a telephonic interview, she talked to Cafemutual about the fund’s progress, her views on markets and more.
by Ravi Samalad Nov 9, 2012
Total individual wealth in India is Rs. 92.26 lakh crore: Karvy
Karvy India Wealth Report finds that mutual funds have a modest 3.4% of this individual wealth pie.
by Pallabika Nov 8, 2012
Some MF distributors start diverting applications to earn higher commissions
Post March 2013, the source of application will be identified based on investors PAN and area pin code
by Ravi Samalad Nov 8, 2012
Daiwa Mutual Fund looking for buyers
The fund house will be transferring scheme but is not looking at completely exiting from the Indian market.
by Team Cafemutual Nov 7, 2012
