Axis AMC to get a foreign partner
The U.K. based fund house Schroders is looking to buy 30 percent stake.
by Team Cafemutual Mar 14, 2012
Budget expectations from MF officials
Arindam Ghosh, CEO, Mirae Asset Global Investments says that the budget should grant equity status to international funds with over 65% exposure outside India. This according to him will be a definitive step to persuade Indian investors to take exposure to other financial markets through the mutual fund route.
by Ravi Samalad Mar 14, 2012
Reliance Mutual fund files an offer document for Reliance US Dollar Fund
The scheme offers a choice of three plans: debt, equity and money market.
by Team Cafemutual Mar 13, 2012
As markets rise, investors book profits, causing net outflows in equity funds
The AUM of equity schemes increased by 3% to Rs. 1.61 lakh crore in February from Rs. 1.56 lakh crore in January helped by a 3% spurt in BSE Sensex in February.
by Team Cafemutual Mar 13, 2012
UTI MF & CNBC TV 18 honor India’s best financial advisors
Over 38,000 advisors vied for these honors. A combination of both quantitative and qualitative parameters was used to evaluate the advisors.
by Team Cafemutual Mar 13, 2012
AMCs divided over banning of upfront commission
AMCs explore an alternate method to compensate distributor in order to reduce churning of assets.
by Ravi Samalad Mar 12, 2012
DSP BlackRock plans to launch DSPBR US Flexible Equity Fund
The fund will invest in BlackRock Global Funds US Flexible Equity Fund.
by Team Cafemutual Mar 10, 2012
Client centeredness: The ultimate recipe for success
In this article, we discuss why adopting a client-centered approach is so important to be a successful financial advisor.
by Vibha Mar 7, 2012
IDFC Premier Equity opens for lump sum subscription
The scheme is aiming to expand its portfolio to capture the breadth of corporate India’s growth phase.
by Team Cafemutual Mar 1, 2012
Kailash Kulkarni joins L&T MF as CEO
Industry insiders say that Kailash has the ability to take L&T MF to the next level.
by Ravi Samalad Mar 1, 2012
SIP inflows drop in the last two months
Industry experts cite volatile markets and tax-free products as the key reasons for the drop.
by Pallabika Mar 1, 2012
SEBI relaxes portfolio replication in PMS-offshore funds managed by AMCs to 70 percent
The move is likely to benefit fund houses managing PMS or advisory funds.
by Team Cafemutual Feb 29, 2012
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
