Central Bank to sell L&T MF schemes
Central Bank of India has tied up with L&T Mutual Fund
by Team Cafemutual Dec 23, 2010
Expense ratios to remain unchanged
Existing expense ratios to continue; MFs say no to a flat expense ratio of 1.5% for equity schemes
by Ravi Samalad Dec 23, 2010
Scheme mergers to gain momentum
The number of mutual fund schemes is likely to fall substantially as mutual fund houses consolidate similar schemes
by Anju Yadav Dec 22, 2010
Goldman Sachs MF launch in 2011
Goldman Sachs, one of the top 10 assets managers globally, is likely to launch mutual fund business in India in 2011
by Team Cafemutual Dec 21, 2010
Edelweiss MF announces change in fund management responsibilities
With effect from December 20, 2010, the equity portion of Edelweiss Income Advantage Fund, an open ended debt scheme will be managed by Paul Parampreet, Fund Manager - Equity
by Team Cafemutual Dec 20, 2010
SEBI takes up investor complaints
SEBI met MF CEOs last week to discuss investor complaints. AMFI has set up a committee to look into the issue
by Team Cafemutual Dec 20, 2010
MFs see softening of g-sec yields
Mutual Funds expect liquidity easing measures to soften yields on government bonds till the end of 2010-11.
by Team Cafemutual Dec 20, 2010
Principal MF names Akhil Mittal as fixed income fund manager
Mittal will manage two schemes -- Principal Near-Term Fund - Conservative Plan and Principal Cash Management Fund
by Accord News Dec 20, 2010
Natixis to buy 25% in IDFC MF
IDFC MF to gain from the global reach of Natixis Global Asset Management of France
by Team Cafemutual Dec 18, 2010
Kotak MF
With effect from December 20, 2010 Kotak Balance Unit Scheme 99 and Kotak Income Plus, will be managed by Pankaj Tibrewal, Krishna Sanghvi and Abhishek Bisen
by Team Cafemutual Dec 18, 2010
L&T MF pays fine in front-running case
SEBI accepted L&T Mutual Fund’s plea for a fine of Rs 10 lakh for front-running by one of its employees
by Team Cafemutual Dec 17, 2010
More distributors flock to MFs
The number of distributors selling mutual funds has increased by nearly 8 per cent since the ban on entry load
by Anju Yadav Dec 17, 2010
L&T MF fined in front-running case
SEBI accepted L&T Mutual Fund’s plea for a fine of Rs 10 lakh for front-running by one of its employees
by Team Cafemutual Dec 17, 2010
30% of liquid schemes redeemed
MFs faced redemptions of more than Rs. 30,000 crore in liquid schemes as large investors withdrew to pay advance tax
by Ravi Samalad Dec 17, 2010
Sanjay Sachdev named TATA MF CEO
Tata Mutual Fund gets a new CEO two months after Ved Prakash Chaturvedi quit
by Team Cafemutual Dec 16, 2010