AMCs make a beeline for Interval Debt Funds
The product combines the advantages of an FMP with a window for subscription and redemption.
by Pallabika Aug 29, 2012
Allotting NAVs based on fund realisation to benefit existing investors
SEBI’s move to allot NAVs after realisation of funds will deter large investors from splitting applications to get same day’s NAV.
by Ravi Samalad Aug 29, 2012
CAMS launches KYC Registration Agency
CAMS KRA is the fourth player to get SEBI license
by Team Cafemutual Aug 29, 2012
Industry welcomes SEBI move to treat mis-selling as ‘fraud’; may prove tough to enforce
It won’t be easy to prove a case of mis-selling unless transactions are recorded on paper.
by Ravi Samalad Aug 28, 2012
MF industry looks at ‘aggregator’ model to tap rural market
Allowing cash may not be so attractive for investors if KYC norms still need to be complied with.
by Ravi Samalad Aug 26, 2012
Now get previous day NAV for liquid funds on BSE StAR MF
Investors can now get previous day’s NAV in liquid schemes if they deposit money in the brokers pool account by 1 pm.
by Team Cafemutual Aug 24, 2012
MFs welcome move to allow cash transactions
R&Ts and AMCs are looking to tighten their processes and control systems to eliminate frauds while dealing with cash
by Ravi Samalad Aug 24, 2012
Active and passive funds can co-exist: Gopinath Natarajan, CEO, IIFL AMC
Gopinath Natarajan says that while fund expenses influence investor choice, he believes that both active and passive funds should be a part of an investor portfolio.
by Team Cafemutual Aug 23, 2012