Distributor due diligence responsibility rests with AMCs, says SEBI
It has asked AMCs not to delegate this responsibility to any agency.
by Team Cafemutual Feb 29, 2012
SBI Mutual Fund files offer document for open ended hybridEDGE Fund
The fund will invest 32% in equity including equity ETFs, 36% in debt instruments and money market instruments and 32% in gold ETFs.
by Team Cafemutual Feb 29, 2012
‘We will come out with path-breaking solutions and programs for IFAs’ (Part 2)
In Part II of his interview, Akshay Gupta, MD & CEO of Peerless Mutual Fund, shares his distribution and product strategy.
Posted on Feb 28, 2012
41 AMCs agree for common distributor due diligence
The due diligence will cover areas such as distributors servicing standards, grievance redressal mechanism, experience, staff training and certification among other things.
by Ravi Samalad Feb 27, 2012
‘Our focus has been on penetrating the untapped geographies’ (Part 1)
Akshay Gupta, MD & CEO of Peerless Mutual Fund, says that the distributors can be winners if they sell solution-based products.
Posted on Feb 27, 2012
I need to learn about mutual funds: Mahie Gill, acclaimed actress
Mahie Gill who shot to fame with her critically-acclaimed debut in ‘Dev D’ and later ‘Saheb, Biwi aur Gangster’ — doesn’t invest in mutual funds or stocks though she is interested in learning more.
by Ravi Samalad Feb 25, 2012
I need to learn about mutual funds: Mahie Gill
Mahie Gill who shot to fame with her critically-acclaimed debut in ‘Dev D’ and later ‘Saheb, Biwi aur Gangster’ — doesn’t invest in mutual funds or stocks though she is interested in learning more.
by Ravi Samalad Feb 25, 2012
SEBI revises guidelines on debt valuation policy and advertising code
Industry experts say that the new guidelines on valuations are aimed at protecting small investors and the rules will make debt markets more efficient.
by Ravi Samalad & Pallabika Ganguly Feb 23, 2012
ICICI Prudential files offer document for goal based Lakshya Fund
The scheme will serve different goals by following an asset allocation which suits the time horizon of the goal.
by Team Cafemutual Feb 23, 2012
IFAs need to change their mindset about charging fee: Director, FPSB
There have been sweeping regulations affecting financial advisors. While some IFAs have begun to adopt financial planning model, others are finding the going tough. Cafemutual met up with Ranjeet Mudholkar, Director of Finanical Planning Standards Board of India (FPSB), to get his perspective on the role of FPSB in helping IFAs make this transition.
by Ravi Samalad and Vibha Kalra Feb 22, 2012
11 audit firms show interest in big distributors’ due diligence
AMFI will shortlist four out of the eleven for carrying out due diligence on big distributors.
by Pallabika Feb 22, 2012
