Service tax on brokerage to be charged for business done in June, says most fund houses
Final clarity, however, yet to emerge; could take a few more days
by Pallabika Jul 9, 2012
MF industry AUM drops by a marginal 1%; outflows from Gold ETFs continue
Latest AMFI monthly AUM data shows Gold ETFs have seen second consecutive outflow in June to the tune of Rs 227 crore
by Team Cafemutual Jul 8, 2012
Commissions to distributors remain same for most top AMCs in FY 2012
HDFC Mutual Fund paid the largest commission at Rs. 304 crore followed by Reliance which paid Rs. 270 crore.
by Ravi Samalad Jul 7, 2012
ICICI Prudential ties up with Europe based Nordea Investment Management AB
The partnership will seek to capitalize on each other’s respective strengths in distribution and investment expertise in the Indian and international markets.
by Team Cafemutual Jul 6, 2012
Mutual fund industry unclear about the implementation of service tax on exit load
SEBI and industry officials are still in discussion on the implementation.
by Pallabika Jul 6, 2012
Prime Minister: Reviving MF and insurance industries among top 5 priorities
PM wants to open new doors to recycle savings into productive investments, says Hindustan Times
by Team Cafemutual Jul 6, 2012
CAMS gets KYC Registration Agency license from SEBI
CAMS KRA is the fourth player to get SEBI license for KYC Registration Agency (KRA)
by Team Cafemutual Jul 5, 2012
