‘Online direct plan distributors are not able to disrupt MF distribution space’
The SIP discontinuation ratio of online direct plan distributors is high, shows the report.
by Nishant Patnaik May 14, 2023
Cafemutual awards 17 passive funds for exceptional performance
The awards spread across 14 categories of passive funds- 5 categories of index funds and 9 of ETFs.
by Team Cafemutual May 12, 2023
FY 2022-23 closes with a 30% dip in new SIP accounts
The MF industry reported 1.08 crore SIP accounts in FY 2022-23, 30% lower than FY 2021-22.
Posted on May 11, 2023
Now, you can onboard PMS clients online through KFintech
KFintech has partnered with Dezerv to digitalize the onboarding process for PMS clients.
by Team Cafemutual May 11, 2023
MFDs should expect reduction of 10-20% in trail income due to TER rationalisation: Report
Many fund houses have reduced commission on NFOs by 5-10 bps over the past few months, reveals the MOSL Financial Services Report.
by Team Cafemutual May 11, 2023
MF assets zoom to Rs.41.50 lakh crore in April
Interestingly, net inflows in passives funds are more than active funds like pure equity funds and hybrid funds.
by Team Cafemutual May 11, 2023
SBI, ICICI Prudential and HDFC: Top three fund houses in T30 cities
Overall, top 30 fund houses manage assets of Rs.33.05 lakh crore in T30 cities, which is 83% of the total assets of these fund houses.
by Karishma Gagwani May 10, 2023
6 out of 10 millennials invest in regular plans: CAMS
However, the proportion of millennials working with RIAs including investment platforms is 35%, highest across all distribution channels.
Posted on May 10, 2023
Kailash Kulkarni becomes CEO of the HSBC MF
Kailash was the Co-CEO of the company.
by Team Cafemutual May 10, 2023
FM instructs SEBI, RBI, PFRDA and IRDAI to simplify and streamline KYC process
The government has also set up a committee to settle unclaimed deposits and money.
by Nishant Patnaik May 9, 2023
SBI, HDFC and ICICI Prudential secure top spots in B30 rankings
These three fund houses collectively manage over Rs. 3 lakh crore of B30 assets.
by Karishma Gagwani May 8, 2023
AMFI should act like an SRO: SEBI
AMFI should take action against their members if they find any wrongful practice, said SEBI ED.
by Nishant Patnaik May 7, 2023
KFintech records net profit of 195 crore in FY 2023
The RTA has seen 27% growth in its profitability.
by Team Cafemutual May 7, 2023
Here is how you can keep clients away from untimely redemptions
Deepit Singh of Abhiloans talks about loans against mutual funds as a product and explains how they can prevent investors from making premature redemptions.
by Team Cafemutual May 6, 2023
SIPs through distributors have higher longevity than direct plans
26% of regular SIP AUM is active for over 5 years, whereas only 14% of direct AUM has stayed invested for a similar period.
by Karishma Gagwani May 5, 2023
