Indian wealthy increase allocation to gold, says a report
Indian ultra HNIs have invested 6% of the total investable wealth in gold in 2022, says the report.
by Team Cafemutual Apr 22, 2023
PIFAA elects Santosh Pardeshi as the new President
Pune Investment & Financial Ambassadors Association (PIFAA) appoints core team members for FY 2023-24.
by Team Cafemutual Apr 20, 2023
SEBI asks MFs not to use return projections in marketing and IAPs
AMCs cannot show returns of mutual funds in any of their marketing communication or make return projections during IAPs.
by Nishant Patnaik Apr 20, 2023
RTAs start close scrutiny of MF transactions to curb instances of churning and mis-selling
Both CAMS and KFintech reportedly send a report on folios where purchase and redemption happen within a week’s time.
by Nishant Patnaik Apr 19, 2023
Women investors prefer distributors over direct plans
Distributors manage 81% of mutual fund assets held by women investors.
by Karishma Gagwani Apr 18, 2023
MF industry sees massive decline in new investors count
The MF industry adds 40 lakh investors in FY 2023 as against 1.09 crore in FY 2022, a decline of 63%.
by Karishma Gagwani and Nishant Patnaik Apr 18, 2023
What happens when someone stops SIPs during market volatility?
An analysis done by Mirae Asset Mutual Fund shows that investors can potentially lose close to Rs.19 lakh if they stop their 15-year SIP of Rs.10,000 for 39 months i.e. during a period of extreme volatility.
by Nishant Patnaik and Zahra Gour Apr 16, 2023
