MF News

Distributors can sell AIF/PMS through CAMS

CAMS WealthServ is a platform where MFDs can execute transactions, manage clients and get reports.

by Team Cafemutual Apr 28, 2023

Here are fund houses with least investor complaints in March 2023

While DSP and NJ received one complaint each, ITI received zero. Read on to know the details of investor complaints registered with other fund houses.

by Karishma Gagwani Apr 28, 2023

Equity Ranking: SBI and ICICI Prudential retain top rankings

While HDFC and Axis switch places to occupy the third and fourth positions, other rankings in the top-10 list remain unchanged.

by Karishma Gagwani Apr 28, 2023

HDFC AMC’s net profit grows to Rs.1424 crore

The fund house claims to have market share of 11% in the MF industry.

by Team Cafemutual Apr 27, 2023

Target Maturity Funds: Good option for debt investors

Mumbai RIA Rohit Shah, Principal Officer, GYR Financial Planners shares with us why target maturity funds still make sense for investors. He also talks about passive debt funds.

by Nippon India MF Feature Apr 27, 2023

FM warns investors not to fall prey to the so called finfluencers

The Finance Minister advises investors to be cautious and safeguard their hard-earned money.

by Team Cafemutual Apr 26, 2023

MF industry sees disruption due to non-linking of PAN and PEKRN with MF folios

Transaction in 27 lakh MF folios have been reportedly disrupted due to non-updation of PAN and PEKRN.

by Nishant Patnaik Apr 25, 2023

UK Sinha joins Nippon India AMC as Independent Director and Board Chairman

Sinha is a former Chairman of SEBI.

by Team Cafemutual Apr 25, 2023

All NFOs will now remain open for at least 3 working days: SEBI

The regulator also does away with the requirement of filing physical offer documents and directs fund houses to file them only digitally.

by Karishma Gagwani Apr 25, 2023

SEBI imposes Rs. 1 lakh fine on NJ AMC for violating PMS norms

The PMS provider accepted investment amount of less than Rs.50 lakh.

by Team Cafemutual Apr 25, 2023

‘Product differentiation and consistent performance has helped us grow’

Ajit Menon, CEO, PGIM India Mutual Fund talks about the factors that have helped the fund house see a record growth in assets and his future plans.

by PGIM India Feature Apr 25, 2023

‘MFDs entitled to get trail commission if an investor changes MFD during transfer of AUM’

If an investor transfers his assets to the new ARN holder at a time when her MFD initiates transfer of AUM, the new MFD will be entitled to get trail commission, clarified AMFI.

by Nishant Patnaik Apr 24, 2023

Your clients having account with Canara Bank can now submit 15G and 15 H online

Canara Bank has facilitated online submission of 15 G and 15 H forms.

by Team Cafemutual Apr 24, 2023

Do women car-owners need motor insurance add-ons?

by Source: Financial Express Apr 24, 2023

Proportion of B-30 assets to the total MF assets grows by 2% in 4 years

The proportion of B30 assets to the overall AUM has grown from 16% to 18% since the data is available.

by Nishant Patnaik and Zahra Gour Apr 24, 2023