Reliance on an investor awareness drive
Investor awareness continues to be the mantra for asset management companies to reach out to investors
by Team Cafemutual Dec 8, 2010
Bhave might get extension
Newspaper reports said the committee searching for a new SEBI Chairman might ask Bhave to carry on for two more years
by Team Cafemutual Dec 7, 2010
IRDA to slow changes, report
IRDA has told life insurers that major regulatory changes have already happened. In 2011, the changes would be fewer
by Team Cafemutual Dec 6, 2010
Distributors don’t expect rollback
Distributors are not praying for Sinha to be the next SEBI Chairman and do not see return of entry load ever
by Anju Yadav Dec 6, 2010
Investor awareness overdrive
UTI MF is following up with “India Invest Karo” campaign after its earlier drive “Swatantra” reached out to 15 lakh people.
by Ravi Samalad & Anju Yadav Dec 6, 2010
Retail flows in debt funds rising
Over 8.86 lakh retail investor accounts for debt schemes were opened in a year contributing to increase in debt AUM
by Ravi Samalad Dec 6, 2010
Shinsei Mutual Fund is now Daiwa Mutual Fund
The company’s current shareholder Shinsei Investment I, Rakesh Jhunjhunwala and Freedom Financial Services Private have divested their entire stake in Shinsei Mutual Fund
by Team Cafemutual Dec 3, 2010
Motilal Oswal MF files offer document with SEBI to launch Midcap ETF scheme
Motilal Oswal Mutual Fund has filed an offer document with the Securities and Exchange Board of India (SEBI) to launch a new scheme called Motilal Oswal MOSt Shares Midcap ETF
by Team Cafemutual Dec 3, 2010
RTAs conduct investor survey on common account statements
The findings will be shared with AMFI, SEBI and all the fund houses and a final decision will be taken thereafter
by Ravi Samalad Dec 3, 2010
Reliance, JP Morgan, Motilal Oswal file drafts for international funds
Reliance MF, JP Morgan MF and Motilal Oswal MF have filed draft offer documents with SEBI to launch international funds. These offers will once again test the appetite for international funds as the response so far has not been encouraging.
by Team Cafemutual Dec 2, 2010
Kotak 30 Unit Scheme will be renamed as Kotak 50 from 1st January
Kotak Mahindra Mutual Fund, with effect from 1 January 2011, will be changing the name and investment objective of Kotak Mahindra 30 Unit Scheme.
by Team Cafemutual Dec 1, 2010
Kotak Mutual Fund appoints Pradeep Kumar as equity fund manager
Kotak Mutual Fund has appointed Pradeep Kumar, B.E., MMS (Finance) and CFA Charterholder, as a key personnel and an Equity Fund Manager of Kotak Mutual Fund.
by Team Cafemutual Dec 1, 2010
SEBI says MFs freed from NFO ills
SEBI says large investments in NFOs between 2001 and 2009 were a result of mis-selling; argues MFs have adjusted well
by Rajendra Palande Nov 30, 2010
Business revamp helps Karvy
V Ganesh, Director, Karvy, says the company has the ability to handle any large NFO of the size of large public issues
by Ravi Samalad Nov 26, 2010
Role of intermediaries essential
Quantum Mutual Fund, sponsored by the Ajit Dayal founded Quantum Advisors, is a rebel. In an industry that’s dependent on distributors, this fund house has gone direct. It has bypassed the traditional distributors channel and is selling its mutual fund schemes to investors directly, says Ravi Samalad.
by Ravi Samalad Nov 26, 2010