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  • MF News

    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