SEBI is likely to ask fund houses to put GST component within the maximum TER
Currently, AMCs charge GST over and above the maximum TER limit.
by Team Cafemutual Feb 18, 2023
L&T MF and key employees settle alleged inter scheme transfer case, pay Rs. 1.16 crore
SEBI observed that the inter scheme transfers between April 1, 2017 and June 30, 2018 allegedly failed to avoid conflicts of interest.
by Team Cafemutual Feb 18, 2023
Cafemutual Ideas Fest 2023 re-energises and equips over 500 MFDs for a manifold business growth
The perfect blend of learning, networking, gaming and laughter, makes Cafemutual Ideas Fest 2023 a grand success.
Posted on Feb 17, 2023
Senior MF official releases a book ‘The Financial Independence Marathon’
Vinod Bhat, Senior Vice President and Portfolio Manager, Aditya Birla Sun Life AMC is the author of the book.
Posted on Feb 16, 2023
AMFI requests SEBI to discontinue transaction charges in mutual funds
Currently, ‘opt in’ MFDs can levy a transaction charge of Rs.150 for getting a new investor and Rs.100 from existing investors if they mobilize Rs 10,000 or above.
by Nishant Patnaik Feb 15, 2023
Angel One to start MF business soon
The company has received in-principal approval from SEBI.
by Nishant Patnaik Feb 14, 2023
HDFC MF, SBI MF and ICICI Prudential MF are the top 3 fund houses in retail AUM
These three fund houses collectively manage Rs. 3.28 lakh crore of retail assets.
by Karishma Gagwani Feb 13, 2023
SEBI to ban upfront commission in AIFs
The market regulator has proposed to introduce direct plans in AIFs.
by Nishant Patnaik Feb 13, 2023
Maharashtra, New Delhi and Karnataka: Favourite debt destinations
AMFI data shows top three states collectively account for Rs. 13.90 lakh crore of debt assets.
by Karishma Gagwani Feb 11, 2023
AMCs to constitute a committee to protect interests of MF investors
In addition, the market regulator has asked AMCs to publish all notices and addendums at a common platform.
by Nishant Patnaik Feb 11, 2023
