L&T MF appoints Soumendra Nath Lahiri as Head of Equity
Soumendra was the Head of Equities at Canara Robeco Mutual Fund earlier.
by Team Cafemutual Sep 24, 2012
HDFC, Fidelity and Escorts bag Lipper Award 2012
ICICI Prudential AMC won seven awards, followed by HDFC AMC which bagged six awards.
by Team Cafemutual Sep 24, 2012
SEBI gives green signal to L&T-Fidelity deal
SEBI is expected to give product restructuring approval shortly after which investors will be given a no load exit window.
by Team Cafemutual Sep 23, 2012
MF industry sees 15 lakh equity folios dip since March 2012
Folio consolidation and redemptions from equity funds have led to the closure of 49.82 lakh equity folios since March 2010
by Team Cafemutual Sep 21, 2012
Overseas acquirers may continue to evaluate acquisition opportunities in Indian AMCs: Avinash Kalia, PWC
Avinash Kalia, Associate Director – MF, PricewaterhouseCoopers (PWC) India, believes that the recent SEBI measures will act as a positive signal for overseas mutual fund players to continue looking for acquisition opportunities in the Indian mutual fund industry.
by Ravi Samalad Sep 21, 2012
It is business as usual for AMCs today
Despite Bharat Bandh, AMCs offices function smoothly across the country
by Team Cafemutual Sep 20, 2012
There’s always a human element in fund management: Anup Maheshwari, DSP BlackRock Investment Managers
Anup Maheshwari, EVP, Head – Equities & Corporate Strategy, DSP BlackRock Investment Managers shares his thoughts on the role of luck in investing, advice to budding fund managers and his outlook on markets.
by Ravi Samalad Sep 20, 2012
AMCs partner with PSU or Co-operative banks to reach smaller towns
PSU banks with their deep reach across the country help AMCs access relatively untapped markets that are seen as holding huge potential for the MF industry
by Ravi Samalad Sep 18, 2012
MF Advisory committee asked to look at international practices to channelise retail savings into MFs
The committee also has to study the regulatory provisions in these markets which can be adopted for the growth of the Indian market.
by Pallabika Sep 18, 2012
AMCs will have to go that extra mile to benefit from additional TER
AMCs will have to put in more concentrated efforts to earn the additional TER
by Team Cafemutual Sep 17, 2012
ICICI Prudential partners with My Financial Advisor to spread financial literacy among children
An indoor cricket board game has been developed to create awareness in a fun way.
by Team Cafemutual Sep 14, 2012
SEBI announces steps to expand MF distributors force
The regulator eases norms for retired officials to participate in the fund distribution space.
by Pallabika Sep 14, 2012
SEBI asks AMCs to launch direct plans from January 2013
The regulator has asked AMCs to launch direct plans for existing and new schemes.
by Team Cafemutual Sep 14, 2012