IIFL launches IIFL Dividend Opportunities Fund
The NFO opens on June 06 and closes on June 19, 2012
by Team Cafemutual Jun 6, 2012
Kalpen Parekh takes over as CEO of IDFC Mutual Fund
Naval Bir Kumar, the earlier President and CEO of IDFC MF, has assumed a bigger role in the IDFC group.
by Ravi Samalad Jun 6, 2012
Hunt for UTI AMC head begins again
Fund house has not had a Chairman/CEO for 16 months; wants a seasoned financial services professional with two decades of experience.
by Team Cafemutual Jun 5, 2012
SBI MF plans to ‘Go Green’ on World Environment Day
The AMC will distribute 1 lakh cloth bags on the occasion of world environment day.
by Team Cafemutual Jun 4, 2012
NISM revises CPE norms, hikes exam fees
The National Institute of Securities Markets (NISM) has hiked the Continuing Professional Education (CPE) course fee more than two-fold, effective 1st June 2012.
by Team Cafemutual Jun 4, 2012
MFs prompt in redressing investor complaints
Non-updation of address, bank details, PAN, and discrepancies in account statements are the most common complaints received by AMCs. Most complaints were resolved within 30 days.
by Ravi Samalad Jun 1, 2012
UTI Mutual Fund investor base crosses 1 crore again
The AMC added 2.24 lakh folios last year which took its total investor base to 1.01 crore as on March 2012. The last time it had crossed the 1 crore folio mark was in January 2010.
by Ravi Samalad Jun 1, 2012
Time to rebalance asset allocation in favour of equity – S Naren, ICICI MF
S. Naren, CIO – Equity, ICICI Prudential AMC says historically whenever money is invested with interest rates at highs and markets at attractive valuations, returns in the near future have beaten expectations of gloom that were prevailing then. His perspective on the current market situation makes interesting reading...
by S. Naren Jun 1, 2012
Despite bandh, it was business as usual for many IFAs
Even as the bandh evoked a mixed response across India, the Cafemutual team found that many IFAs functioned normally.
by Team Cafemutual May 31, 2012
AMCs make special arrangement to ensure smooth functioning on bandh day
To ensure that their distributors and investors are serviced properly, AMCs made special arrangement for critical teams to be present in the office while many were allowed to work from home.
by Team Cafemutual May 31, 2012
