MF News

LIC MF files offer document to launch LIC Nomura MF Mid Cap Fund

Nandkumar Surti would be replacing Christopher Spelman

The AMC may have to cough up income tax for investments made in pass through certificate (PTC) in 2008-09

Reliance and HDFC have sent email communication to distributors informing them about the impending due diligence

Being associated with 43 mutual fund houses is not possible any more for big distributors

Last week the domestic markets slid 4% following worries of escalating Euro debt crisis. Swapnil Suvarna suggests you to remain watchful this week as developments in Europe remain uncertain

Ravi Samalad meets V.Balasubramaniam, Chief Business Officer, BSE to find out what BSE StAR Platform has to offer to mutual fund distributors

The exchange will also announce the introduction of additional facilities on BSE StAR MF Platform shortly

Payments of revised commission to SAS and MPKBY agents and discontinuation of commission to PPF agents will be effective from 1 December 2011

IFAs can recommend “L&T Long Term Infrastructure Bonds - Tranche I” to those clients who are looking to create secured income with added tax benefits

IFAs can recommend “IDFC Long-term Infrastructure Bonds - Tranche I” to their clients who are looking to generate steady income with added tax benefits

Banks are gearing up to enter the market and utilize their banking channel for distribution

Within 3 years of starting its Indian operations, Morningstar has built a niche for itself with AMCs and wealth managers

Swapnil Suvarna recommends five ELSS equity funds for your investors which are the best in the category. These funds have proved their stability and consistency in terms of performance across various periods

Selected vendor to execute the job in 90 days