MF News

Principal introduces exit load in Income Fund – Short Term Plan

Principal Mutual Fund starts charging exit load in Income Fund – Short Term Plan

by Team Cafemutual Jul 15, 2011

Ritesh Jain, Head of Investments, Canara Robeco MF feels that managing a fund is similar to playing cricket. He tells in both cases your performance is being scrutinized by thousands of fans and you get praised to the skies when you do well and criticized severely when you don’t.

by Pallabika Ganguly & Ravi SamaladJul 14, 2011

No transfer of trail if IFAs shift assets to online distribution platforms, AMFI decides

AMFI in its board meeting held on Tuesday has decided to keep the existing trail commission guidelines unchanged

by Ravi SamaladJul 13, 2011

Micro Pension Initiative: UTI MF joins hand with Srei Sahaj e-Village Ltd.

This initiative aims to provide social security cover to the investors associated with Srei Sahaj during their old age

by Team Cafemutual Jul 13, 2011

Tata Equity P/E Fund – wait and watch

Swapnil Suvarna finds that Tata Equity P/E Fund has performed decently but is concerned about the changes in fund management.

by Swapnil Jul 13, 2011

No exit load in IDFC scheme

IDFC Mutual Fund has waived exit load under IDFC Government Securities Fund – Investment Plan

by Team Cafemutual Jul 12, 2011

Rajan Mehta, the ETF pioneer in India exits the MF industry

The entrepreneur plans to start a health care firm with friends

by Pallabika Jul 12, 2011

Seven more Reliance schemes to provide insurance via SIPs

Reliance Mutual Fund has decided to increase the number of schemes to offer SIP insurance

by jayshree Jul 12, 2011

AMFI may tweak trail commission rule

The industry body will decide whether new distributor gets the trail if the existing distributor voluntarily opts out of MF distribution business

by Ravi SamaladJul 11, 2011

Ombudsman for MF industry is still a while away!

Jayshree Pyasi reports that while the IFAs welcome this proposal, it will take some more time for the creation of an ombudsman body.

by jayshree Jul 11, 2011

KAMFA aims to be the voice of the entire IFA fraternity in Karnataka

By a sheer coincidence, KAMFA was officially set up in 2009 just three days after the ban of entry load came in to effect though the preparatory work had started two years earlier. Gurusimha, President shares his vision for KAMFA with Cafemutual

by Ravi SamaladJul 10, 2011

Caution prevails – Market commentary – July 11, 2011

As expected, the Indian markets remained range-bound in the week of July 4-8. Swapnil Suvarna feels that the market will be more volatile this week.

by Swapnil Jul 10, 2011

Short-term bond funds outperform equity funds in the first half of 2011: Morningstar

Short term bonds deliver average of 4.1 per cent while large-cap and small-/mid-cap funds category lose 7.9 per cent

by Team Cafemutual Jul 9, 2011

Gold ETFs rake in the moolah, shows AMFI data

Gold ETFs, equity and income fund NFOs do well, shows AMFI data

by Team Cafemutual Jul 9, 2011

JP Morgan India Active Bond Fund exit load increased

JP Morgan increases exit load in Active Bond Fund to 0.50% from 0.25%