MF News

MF industry collects Rs.63,000 crore through NFOs in FY 2023

The industry saw 40% decline in NFO inflows largely due to discontinuation of NFOs during the first three months of the FY 2023.

by Team Cafemutual May 5, 2023

How did the first target maturity fund perform?

Edelweiss’s Bharat Bond ETF – April 2023 delivered CAGR 6.54% since inception which is in line with the performance of its benchmark.

by Team Cafemutual May 5, 2023

Transaction received from non-empanelled MFDs will go to direct plans: AMFI

While AMCs cannot accept transaction from non-empanelled distributors, if such a transaction happens it will go to direct plans, said AMFI.

by Nishant Patnaik May 4, 2023

SEBI will soon issue a consultation paper on TER

The market regulator has formulated a working group to review TER of mutual funds.

by Nishant Patnaik May 4, 2023

SEBI has not done away with B30 incentive norms: SEBI ED

Manoj Kumar, Executive Director, SEBI said that the market regulator is creating a new structure to increase penetration of mutual funds in B30 cities.

by Nishant Patnaik May 4, 2023

Know how to prevent clients from making untimely redemptions at 4:30 pm today

Deepit Singh of Abhiloans will share with us how loans against mutual funds can keep clients from making untimely withdrawals.

Posted on May 3, 2023

Despite not so good markets, equity assets of the MF industry zoom by 9.5% in FY22-23

In terms of equity assets, SBI MF tops in terms of value. PPFAS MF reports the highest percentage rise in valuation terms.

by Karishma Gagwani May 3, 2023

Submit your annual DSC by June 30 to avoid withholding/forfeiture of commission

AMFI gives 3 months grace period to distributors to submit annual DSC i.e. till September 30. Post which, AMCs will completely forfeit your trail commission.

by Nishant Patnaik May 3, 2023

Learn how to stop your clients from untimely redemptions

Deepit Singh of Abhiloans will talk about offering loans against mutual funds to keep clients away from premature redemptions.

by Team Cafemutual May 1, 2023

MF CEOs mull over giving a declaration to SEBI that they will not misuse B30 norms

AMFI committee has reportedly recommended MF CEOs to give such a declaration to SEBI.

by Nishant Patnaik May 1, 2023

Debt Outlook: What to expect from here on?

Abhishek Bisen of Kotak MF, Gurvinder Singh Wasan of JM Financial MF and Sushil Budhia of Nippon India MF shares with us their debt market outlook in May 2023.

by Karishma Gagwani May 1, 2023

Equity funds: What to expect in May 2023

Chandraprakash Padiyar of Tata MF, Sonal Gupta of HSBC MF and Sumit Agrawal of Bandhan MF share their equity outlook for May 2023.

by Zahra Gour May 1, 2023

AMCs cannot use training money to run a sales contest: AMFI

AMFI said that training programmes conducted for distributors should not be misused for providing any reward or non-cash incentive to the distributors.

by Nishant Patnaik Apr 29, 2023