Reliance Any Time Money Card collects Rs. 1,500 crore
The fund house has issued over 3 lakh ATM cards to investors so far.
Posted on Jan 26, 2012
RBI surprises with a CRR cut
RBI’s surprise move will infuse Rs. 320 billion into the banking system to ease the liquidity pressure faced by banks. The central bank has revised the GDP growth for 2011-12 downwards to 7 percent and cautioned that slippage in the fiscal deficit is a threat to the economy.
by Team Cafemutual Jan 25, 2012
What successful IFAs are doing with their money – Part III
The third in the series of articles, where Cafemutual speaks to successful IFAs to find out how they are managing their personal finances in these volatile times.
by Pallabika Jan 25, 2012
Fund houses go all out to promote ELSS even as investor interest remains subdued
Industry experts say a combination of factors has dampened investor enthusiasm for ELSS this year.
by Ravi Samalad Jan 25, 2012
Union KBC Mutual Fund launches Union KBC Dynamic Bond Fund
Union KBC Mutual Fund has launched an open ended debt scheme called Union KBC Dynamic Bond Fund.
by Team Cafemutual Jan 23, 2012
Domestic markets look forward to RBI’s Policy Review
Swapnil Suvarna expects the RBI policy review, quarterly corporate results and institutional investors to influence the market this week.
by Swapnil Jan 23, 2012
HSBC plans to launch China Consumer Opportunities Fund
HSBC Mutual Fund has filed an offer document with SEBI to launch an open ended fund of fund – HSBC China Consumer Opportunities Fund.
by Team Cafemutual Jan 23, 2012
FMPs: Thin margins, high volumes
Despite thin margins, FMPs have ruled the roost in 2011 with the top 10 AMCs managing around Rs. 90,000 crore.
by Ravi Samalad Jan 22, 2012
New KYC rule onerous and cumbersome, complain distributors
Distributors concerned about potential liabilities arising out of conducting in-person verification (IPV) of new investors.
by Ravi Samalad Jan 19, 2012
Nippon picks 26% stake in Reliance Mutual Fund
The deal values Reliance Asset Management at Rs. 5,600 crore, marking it the largest FDI in the Indian mutual fund industry.
by Team Cafemutual Jan 19, 2012
What successful IFAs do with their money – Part II
Cafemutual speaks to another couple of successful IFAs to find out how they are managing their personal finances in these volatile times.
by Pallabika Jan 17, 2012
What successful IFAs are doing with their money
Cafemutual speaks to two successful IFAs to find out how they are managing their personal finances in these volatile times.
by Pallabika Jan 17, 2012
