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
U K Sinha being considered for SEBI chairman’s post
U K Sinha, Chairman of UTI Mutual Fund, is being considered by the government for appointment as Chairman of the Securities and Exchange Board of India (SEBI), according to reports.
by Team Cafemutual Nov 25, 2010
Enlightened by Randomness
Tushar Pradhan, CIO of HSBC Mutual Fund reviews Fooled by Randomness
by Tushar Pradhan Nov 24, 2010
Private sector has 80% share
Private sector dislodges public sector; Most public sector funds have withered
Posted on Nov 23, 2010
LIC Mutual Fund losing its way
LIC MF’s AUM fell 62% in 2010 and was the only fund house not to gain from the market upswing
by Khozema Dhanerawala & Ravi Samalad Nov 23, 2010
MFs against removal of exit load
Bharti AXA and SBI have scrapped exit loads on some of their equity schemes. But it is unlikely to become a trend
by Ravi Samalad Nov 19, 2010
Shariah Funds: An overlooked opportunity
Shariah Funds present a great opportunity to Indian fund houses to meet the needs of those domestic and foreign investors who like to make investments that comply with Shariah, says Khozema Dhanerawala
by Khozema Dhanerawala Nov 18, 2010