IDBI plans to launch gold fund
IDBI Mutual Fund has filed an offer document with SEBI to launch its open-ended IDBI Gold Fund
by Team Cafemutual Dec 19, 2011
Weakness in domestic market persists
Deteriorating Indian rupee and persistent signs of slowdown in the domestic economy saw Indian markets decline 4 percent last week. While Swapnil Suvarna expects the domestic markets to stay weak, he recommends that your long term investors should continue investing through SIP in equity funds, irrespective of the short term events.
by Team Cafemutual Dec 17, 2011
Quantum Mutual Fund ties up with Yes Bank to expand reach
Quantum Mutual Fund has tied up with Yes Bank to use its drop box facility across Mumbai in a bid to enhance investor convenience and ease of accessibility
by Team Cafemutual Dec 17, 2011
RBI hits ‘pause’ on rate hike and hints at reversal in policy action
Accepting that the domestic economy growth is clearly decelerating, the central bank has said from this point on, monetary policy actions are likely to reverse the cycle, responding to the risks to growth
by Team Cafemutual Dec 16, 2011
Canara Robeco stops commission to curb inflows in InDiGo Fund
The fund house has stopped upfront and trail commission for fresh inflows in its open ended debt fund Indigo Fund
by Ravi Samalad Dec 16, 2011
Morgan Stanley MF plans to launch gilt fund
Morgan Stanley Mutual Fund has filed an offer document with SEBI to launch its open ended Morgan Stanley Gilt Fund
by Team Cafemutual Dec 15, 2011
‘Debt funds ought to be a part of every investor’s portfolio’
Killol Pandya, Head- Fixed Income at Daiwa AMC explains what debt products you should recommend your investors in the current interest rate scenario
by Ravi Samalad Dec 14, 2011
Regulation for advisors’ role soon, says a PTI report
Business Standard has carried a PTI report that says that SEBI will soon come out with regulations for advisors
by Team Cafemutual Dec 14, 2011
Now investors can buy funds via SMS in IDFC’s Money Manager Fund
Now investors can buy a mutual fund by just sending an SMS
by Ravi Samalad Dec 14, 2011
AMCs seek clarity from SEBI for participating in repos of corporate debt securities
Fund houses are seeking clarity on the accounting treatment from SEBI
by Ravi Samalad Dec 12, 2011
AMFI’s MF Utility Platform likely to miss April deadline
Though the process to select a vendor is under way, AMFI’s deadline to develop the software in three months is unlikely to be achieved, say sources
by Ravi Samalad Dec 12, 2011
Indian markets heading down
Signs of deteriorating domestic economic health in terms of growth, trade & public finances and concerns of worsening European debt crisis saw the markets slip 4 percent
by Swapnil Dec 10, 2011
MF industry records 91% drop in net inflows in November 2011
The industry witnessed Rs. 37,514 crore dip in net inflows in November
by Ravi Samalad Dec 10, 2011
Natixis buys 25% stake in IDFC AMC
IDFC Mutual Fund announced that French firm Natixis Global Asset Management Asia has acquired 25% stake in IDFC AMC and IDFC AMC Trustee Company
by Team Cafemutual Dec 10, 2011
BNP Paribas plans to launch BNP Paribas Russia Fund
BNP Paribas AMC has filed an offer document with SEBI to launch its open ended overseas fund of fund
by Team Cafemutual Dec 9, 2011