Top 20 equity mutual funds hold 5% in cash: Research Report
While PPFAS MF has the highest cash holding of 13.3%, Mirae Asset MF has the least cash component at 0.6%.
by Team Cafemutual May 31, 2023
‘B30 Incentives have been instrumental in bringing new investors’
Akhil Chaturvedi, Chief Business Officer, Motilal Oswal MF believes that MFDs in these locations put in a lot of effort to bring in new investors and hence, they should be adequately compensated.
Posted on May 31, 2023
Passives outpaces actives in terms of AUM growth
Passive AUM now stands at 17% of the total industry AUM.
by Team Cafemutual May 30, 2023
SEBI appeals to MFDs/RIAs to protect their clients from ponzi schemes
G Ram Mohan Rao, Regional Director, SEBI said that there is lot of opportunities for MFDs/RIAs in eastern region.
by Nishant Patnaik May 30, 2023
Big opportunity for MFDs: India will have over 16.50 lakh HNIs by 2027
India has close to 8 lakh HNIs as on FY 2022. This population is expected to grow by over 100% in 5 years, says the report.
by Team Cafemutual May 30, 2023
‘Focus on MF schemes having a better portfolio rather than focusing on high YTM’
Marzban Irani, CIO, Fixed Income, LIC MF shares with simple yet effective tips to create a sound debt portfolio.
by Team Cafemutual May 30, 2023
New Delhi, Goa and Maharashtra have the highest average AUM per folio
They are the only three states/UTs to report an average AUM per folio of over Rs. 1 lakh.
by Karishma Gagwani May 29, 2023
Proposed TER structure may impact large AMCs: ICICI Securities
Larger AMCs and AMCs with healthy equity and debt assets will be affected due to proposed TER, says the report released by ICICI Securities.
by Nishant Patnaik May 29, 2023
‘MFDs/RIAs are managing asset allocation very effectively’
Manish Mehta, Head Sales and Marketing, Kotak MF points out that when there are market corrections, there is SIP inflow plus additional purchase due to efforts of MFDs.
by Team Cafemutual May 29, 2023
AMFI to consider offering group health insurance to MFDs
Kolkata’s MFD association ICAA has urged AMFI to consider offering group health insurance to MFDs.
by Nishant Patnaik May 29, 2023
