New MF investors can’t open zero balance folios from January 1, 2012
New investors will now have to make some investment in the form of SIP or STP or lump sum from January 1, 2012.
by Ravi Samalad Jan 7, 2012
UTI Mutual Fund plans to launch new schemes
The fund house was barred from launching any new scheme after its former CMD U.K. Sinha joined SEBI as Chairman.
by Pallabika Jan 7, 2012
India remains underserved in terms of financial services: Sivasubramanian KN
Sivasubramanian KN, Chief Investment Officer, Franklin Equity – India, Franklin Templeton Investments believes that companies in banking and financial services have good potential due to their low penetration.
by Swapnil Suvarna and Ravi Samalad Jan 6, 2012
Fund Managers who stood tall in 2011’s weak equity market
Swapnil Suvarna mined a list of 22 equity diversified fund managers who have contained losses by well over 5 percent against the benchmark index during the year 2011.
by Swapnil Jan 5, 2012
Franklin Templeton and DSP BlackRock buck the losing trend
While the top 10 AMCs together lost Rs. 38,475 crore, Franklin Templeton and DSP BlackRock recorded an AUM growth of 4% and 2%, respectively, in the October-December quarter.
by Ravi Samalad Jan 5, 2012
SREI Infrastructure tax-saving bond opens for subscription
IFAs can suggest “SREI Infrastructure Long Term Infrastructure Bond-Tranche 1” to their clients who are looking to generate secured income along with tax benefits.
by Team Cafemutual Jan 3, 2012
AMCs report an increase in gold SIP
Investors feel that Gold fund and ETFs are a good asset class to invest in the current scenario
by Pallabika Jan 2, 2012
Common KYC process kicks in from January 1, 2012
SEBI has made it mandatory for intermediaries to carry out in-person verification of all new investors.
by Ravi Samalad Jan 2, 2012
Fund houses to offer SIP units in demat from January 2012
Fund houses have started informing investors about holding SIP units in demat by publishing addendums.
by Ravi Samalad Jan 1, 2012
5 Funds that held up better in 2011’s weak market
Swapnil Suvarna discovers five funds which have contained losses against their respective benchmark during the year 2011.
by Swapnil Dec 30, 2011
SEBI may relax advertisement rule for mutual funds
The new advertisement guidelines have made mutual fund ads cluttered and consume more space which increases AMC costs.
by Ravi Samalad and Pallabika Ganguly Dec 30, 2011
We need to build the knowledge levels of the existing IFA: Sundeep Sikka
Sundeep Sikka, CEO, Reliance Mutual Fund feels that the industry should focus on enhancing the capabilities of existing IFAs to bring in more investors into the fold.
by Ravi Samalad Dec 29, 2011
Income Funds win performance test in 2011!
As the year 2011 comes to an end, income funds have emerged as major gainers due to declining bond yields while weak equity markets led to a plunge in the returns of equity funds.
by Swapnil Dec 29, 2011
