Bargain buying will lead to short spells of rally this week
Last week, Indian markets declined 5 percent due to weak global economic indicators. This week, Swapnil Suvarna expects the domestic markets to remain weak but bargain buying by institutional investors will lead to short spells of rally
by Swapnil Nov 21, 2011
We work with all channels - Ashu Suyash, Fidelity
Ashu Suyash, MD and Country Head India, Fidelity Worldwide Investments believes that the Indian MF business offers tremendous growth opportunities, shares her plans to grow the Indian business
Posted on Nov 21, 2011
Common KYC for investment products across categories
In a few months, investors will be able to use their, know-your-customer (KYC) registration for investing in all instruments, according to a news report in Times of India
by Team Cafemutual Nov 19, 2011
HSBC is the largest mf distributor among banks; NJ among NDs
The 20 largest distributors (10 banks and 10 NDs) account for 57% (Rs.1, 033 crore) of industry’s Rs. 1,800 crore payout in FY10-11
by Ravi Samalad & Swapnil Suvarna Nov 18, 2011
Bank sponsored MFs take help of affiliates to tap customers
Rs 143 crore commission paid to group affiliates
by Ravi Samalad Nov 17, 2011
Bajaj Finserv looking to develop a new business model for its AMC
The financial arm of Bajaj Group has recently got SEBI nod to set up its AMC business
by Pallabika Nov 17, 2011
SEBI asks AMCs to disclose all expenses incurred on distributors
The disclosure would reflect all costs like foreign junkets and other expenses incurred on distributors during normal course of business including trail and upfront
by Ravi Samalad Nov 16, 2011
Top 12 AMCs paid Rs. 1,546 crore commissions to 549 distributors in FY10-11
Reliance has paid the highest commission of Rs. 330 crore to 433 distributors across India followed by HDFC which paid Rs. 288 crore in FY2010-11
by Ravi Samalad & Swapnil Suvarna Nov 15, 2011
IDFC Mutual Fund Announces Dividend under Various Schemes
Record date for dividend is 17 November 2011
by Team Cafemutual Nov 14, 2011
SEBI gives green signal to MFs to participate in corporate debt repos
The move would give more liquidity and safety to portfolios during liquidity crunch but it does not necessarily translate into higher returns for investors
by Ravi Samalad Nov 13, 2011
Indian markets stay in no man’s land!
Indian markets remained weak with the Sensex and Nifty declining 370 and 115 points respectively. This week, Swapnil Suvarna expects the domestic markets to continue its sluggish trend and suggest your investors to stay cautious
by Swapnil Nov 13, 2011
Commissions on small savings undergo major changes
Payment of commission on PPF and Senior Citizens Savings Scheme to be discontinued; annual ceiling on investment under PPF increased from Rs 70,000 to Rs 1 lakh and liquidity on post office time deposits improved in a major restructuring of National Small Savings
by Swapnil Nov 12, 2011
MF industry AUM up 8% in October at Rs. 6.95 lakh crore
The inflows in equity funds dropped in October to Rs. 181 crore
by Team Cafemutual Nov 12, 2011
MFs make little headway beyond the top 14 cities
Top 5 cities account for a whopping 75% of industry AUM and if we add the next 9 cities, the percentage goes up to 87%, shows an analysis of AMFI data
by Ravi Samalad Nov 11, 2011
De-duplication of folios likely to complete by January 2012
Industry estimates suggest that the number of folios could drop sharply once unique investors are identified
by Ravi Samalad Nov 9, 2011
