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  • MF News

    Over 65% of partial NPS withdrawals are for residential property
    Of the total 4.87 lakh partial withdrawal cases reported in FY 2022-23, 3.25 lakh are towards the purchase or construction of residential property.
    by Karishma Gagwani Jun 13, 2023
    Direct plan platforms to charge a flat transaction fee either from AMCs or investors
    Such a fee (if coming from AMC) cannot be charged to the MF scheme, clarified SEBI.
    by Nishant Patnaik Jun 13, 2023
    Over half of new MF investors are millennials
    Of the total 1.57 crore new investors joining the MF Industry between FY 2019 and FY 2023, close to 85 lakh were millennials.
    by Team Cafemutual Jun 13, 2023
    HDFC MF discontinues lumpsum investment in its newly launched defence fund
    The fund house has also discontinued investment through STPs.
    by Team Cafemutual Jun 13, 2023
    MF industry may see 15 bps fall in TER: Jefferies Report
    Top 5 fund houses will have significant impact of the proposed TER structure, says a report released by Jefferies.
    by Nishant Patnaik Jun 12, 2023
    Debasish Mohanty is the new CEO of Airawat Indices
    Airawat Indices is an index provider that focusses on corporate governance among other things.
    by Team Cafemutual Jun 12, 2023
    ‘Valuations today are more attractive than they were 6 months ago’
    Jinesh Gopani, Head Equity, Axis MF shares his views on equity markets. He also talks about why his schemes underperformed in the recent years and how he has aligned his portfolios to regain performance momentum.
    by Team Cafemutual Jun 11, 2023
    ‘Investors should look at investing in short term and corporate bond funds’
    Anand Nevatia, Fund Manager, Trust Mutual Fund shares his view on debt market and more.
    Posted on Jun 11, 2023
    SBI, ICICI Pru and Axis derive healthy business from their banking partners
    Overall, 7% of industry assets come from associate distributors.
    by Karishma Gagwani Jun 9, 2023
    Profit booking comes to play in May 2023, reduces equity inflows to half
    The overall industry inflows also dropped from Rs. 1.24 lakh crore in April 2023 to Rs. 59,879 crore in May 2023.
    by Team Cafemutual Jun 9, 2023
    SEBI allows MFs to participate in repo transaction through corporate bonds
    In a repo, one party sells an asset to another party at one price and commits to repurchase the same or another part of the same asset from the second party at a different price at a future date.
    by Nishant Patnaik Jun 8, 2023
    ‘Time to look at lump sum investments rather than STP’
    Shridatta Bhandwaldar, Head Equities, Canara Robeco MF talks about equity market, its valuation, sectoral preferences and more.
    by Team Cafemutual Jun 8, 2023
    RBI continues the pause, retains the repo rate at 6.50%
    After a cumulative rise of 250 bps since May 2022, the Central Bank hit the pause button in April 2023.
    by Team Cafemutual Jun 8, 2023
    7 lakh new investors join NPS bandwagon
    There is nearly 30% growth in individual NPS subscribers in FY 2022-23.
    by Karishma Gagwani Jun 7, 2023
    ‘Equity markets are at attractive levels’
    Hardick Bora, Co-Head of Equity at Union Mutual Fund shares his views on equity markets and the way forward.
    by Team Cafemutual Jun 7, 2023
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