JM introduces exit load in JM Short Term Plan
JM Mutual Fund starts charging exit load of 0.25 percent in Short Term Plan
by Team Cafemutual Jul 26, 2011
IDFC changes its scheme’s nature
IDFC Mutual Fund converts IDFC monthly income plan into monthly income scheme from fund of fund scheme
by Team Cafemutual Jul 26, 2011
HSBC mergers HSBC Cash Fund
HSBC Mutual Fund merges HSBC Floating Rate Fund – Short Term into HSBC Cash Fund
by Team Cafemutual Jul 26, 2011
It is raining SIPs
The MF industry sees a steep growth in SIPs with five AMCs alone being able to generate nearly seven lakh new SIPs in just four months
by Pallabika Jul 26, 2011
Advisors not enthused about Rs. 50-200 incentive proposal
Advisors pitch for charging varying expense ratio for different ticket sizes which would give AMCs more headroom to incentivize IFAs.
by Ravi Samalad Jul 26, 2011
“Maa is my financial advisor”
In a conversation with Anurag Basu, winner of Filmfare ‘Best director’ award on financial goals and investments, Pallabika Ganguly finds that the director prefers to concentrate on his career and direct movies and has left all financial hassles to his mother
Posted on Jul 25, 2011
DSP BlackRock MF launches ‘My Target Value Savings Account’
The tool will allow investors and their advisors to do goal-based investing and monitor it. The fund house will soon launch Retirement and Child Savings Account as well.
by Team Cafemutual Jul 25, 2011
No exit load in IDFC Nifty Fund
IDFC Mutual Fund has waived exit load under IDFC Nifty Fund
by Team Cafemutual Jul 23, 2011
Deutsche MF revises exit load under Deutsche Money Plus Fund
1% exit load to apply on redemptions within 3 months against the earlier 1 month
by Team Cafemutual Jul 23, 2011
Religare Mid N Small Cap Fund – Small and nimble performer
In the last one year, the fund has outperformed its benchmark handsomely generating an alpha of 13%. Swapnil Suvarna feels the fund is suitable for aggressive investors looking to capture mid- and small-cap rally over the long term.
by Swapnil Jul 22, 2011
Market Commentary – July 22 – Stay Cautious
Swapnil Suvarna feels that markets will continue to remain volatile and recommends you to stay cautious.
by Swapnil Jul 22, 2011
Vadodara IFA Association aims to empower IFAs with knowledge and skills
Ulpesh Raj, President of Vadodara IFA Association says that his group is striving to increase the penetration of mutual funds despite the headwinds faced by IFAs. In three years of its existence, the group has become a centre point for all IFAs in Vadodara.
by Ravi Samalad Jul 22, 2011
If implemented, a flat 1.75% expense ratio will be a ‘double whammy’ for the industry
SEBI is reportedly mulling a proposal to cut down expense ratio to 1.75% and if accepted, the industry could face some tough times ahead
by Ravi Samalad Jul 21, 2011
ICICI MF changes benchmark index
ICICI Prudential Mutual Fund changes benchmark Indices for various schemes
by Team Cafemutual Jul 20, 2011
Reliance MF introduces Invest Easy for online transaction
Invest easy is an online transaction facility for both individual and non-individual investors which enables investors to access their account and transact online
by jayshree Jul 19, 2011