MFs may get to charge higher expenses for getting investors beyond top 15 cities
The higher expense could be used to incentivise distributors who get applications beyond the top 15 cities.
by Team Cafemutual Jul 21, 2012
SEBI relaxes KYD norms for overseas mutual fund distributors
Overseas mutual fund distributors are now not required to obtain NISM certification and are also not required to comply with KYD process.
by Ravi Samalad Jul 20, 2012
MF industry feels relaxed QFI norms for debt funds will have little impact
QFIs can invest $1 billion without any lock-in period.
by Pallabika Jul 20, 2012
SEBI may ask AMFI to reduce ARN registration fee
High AMFI registration fee is preventing a number of distributors from small towns to be a part of the distribution channel, feel experts.
by Team Cafemutual Jul 20, 2012
7 lakh equity folios close, mainly due to scheme mergers and de-duplication
Scheme mergers, de-duplication of folios to identify unique investors have led to an overall drop of close to five lakh folios in the last three months.
by Ravi Samalad Jul 18, 2012
