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  • MF News

    17,000 new individuals enter MF distribution business in nine months
    The MF industry added 16,800 new individual MFDs in April-December 2022 compared to 14,700 in April-December 2021, a growth of 14%.
    by Karishma Gagwani Jan 30, 2023
    Vinay Paharia is the new CIO of PGIM India MF
    Srinivas Rao Ravuri and Aniruddha Naha will lead international and AIF businesses.
    by Team Cafemutual Jan 27, 2023
    MFs to settle redemption in T+2 cycle from Feb 1
    Currently, MFs have been settling redemption requests in T+3 settlement cycle.
    by Team Cafemutual Jan 27, 2023
    NISM will no longer conduct certification examination ‘online’
    Also, NISM has temporarily suspended eCPE training.
    by Nishant Patnaik Jan 27, 2023
    Net SIP inflows grow almost 2x in Dec 2022, form 43% of gross inflows
    Monthly net SIP inflows increased from Rs. 3,257 crore in November 2022 to Rs. 5,869 crore in December 2022. Also, the net to gross ratio improved from 0.24 to 0.43.
    by Team Cafemutual Jan 25, 2023
    HDFC AMC’s quarterly net profit grows to Rs.370 crore
    The fund house claims to have market share of 12% in the MF industry.
    by Team Cafemutual Jan 25, 2023
    Anoop Bhaskar quits IDFC MF, Manish Gunwani is the new Head-Equities
    Anoop joined IDFC MF in 2016 as Head Equities.
    by Team Cafemutual Jan 24, 2023
    23% of SIP AUM is active for over 5 years
    Of the total Rs. 6.75 lakh crore of SIP AUM, Rs. 1.58 lakh crore has remained invested for over five years.
    by Karishma Gagwani Jan 24, 2023
    ‘Stock picking and sector allocation will be prime driver of returns in 2023’
    Srinivas Rao Ravuri, CIO, PGIM India Mutual Fund, shares his outlook on equity markets and talks about ELSS, its benefits and more.
    by Team Cafemutual Jan 23, 2023
    Debt ranking: HDFC MF overtakes SBI MF to take the first spot
    ICICI Prudential, Aditya Birla Sun Life and Kotak continue to occupy the third, fourth and fifth spots, respectively.
    by Karishma Gagwani Jan 21, 2023
    Iss Weekend Aapne Kya Kiya with Pankaj and Anant Ladha
    The father-son duo met Finance Minister Nirmala Sitharaman and shared their budget expectations.
    by Team Cafemutual Jan 21, 2023
    Kenneth Andrade to re-enter the MF industry
    Old Bridge Capital Manager has received in-principal approval from SEBI to launch mutual fund business.
    by Team Cafemutual Jan 20, 2023
    How this MFD uses email marketing to acquire new clients
    Ratlam MFD Aikansh Gaba talks about benefits of e-mail marketing, BSE Star MF and more.
    by BSE Star MF Feature Jan 20, 2023
    Meet three inspiring women
    Here is how Meenakshi Sikchi, Nisreen Mamaji and Payal Thakkar carved out a niche for themselves.
    by Karishma Gagwani Jan 20, 2023
    MFDs/RIAs no longer talk about products, they spend time to understand clients better: Ex SEBI Chief M Damodaran
    As ex-SEBI chief M Damodaran ventures into index business through the launch of ‘Atom Index’ by Airawat, we get a chance to understand the rationale for this move, how are they different from existing index providers and why are they so optimistic about passives in India. Ashutosh Bishnoi, who is now acting as an advisor of Airawat also accompanied him for this exclusive interview.
    by Nishant Patnaik Jan 19, 2023