MF News

Net profit of ICICI Pru AMC was Rs.1454 crore in FY 2021-22, highest across all AMCs.

Kotak MF climbs three spots up to fourth and HDFC slips one notch down to fifth.

Today at 4.30 pm, Jignesh Desai, Co-Founder and Promoter, NJ Group in conversation with KS Rao, Head Distributor Development, ABSL MF will give insights on ‘MF Distribution: Tapping the Rs.100 Lakh Crore opportunity’.

The MF industry saw gross SIP inflows of Rs.13,600 crore in December.

Industry experts share what MFDs can do for a successful Rs. 100 lakh crore march.

Industry experts share their guide to identifying emerging opportunities and reaching out to the masses.

LFM Alert: Jignesh Desai, Co-Founder and Promoter, NJ Group in conversation with KS Rao, Head Distributor Development, ABSL MF will share insights on how MFDs/RIAs can tap the Rs.100 lakh crore opportunity on January 12 at 4.30.

AMCs can offer management and advisory services to FPIs who have presence in IFSC and regulated by IFSCA.

RTAs have been submitting report of MFDs who have indulged in splitting of MF transaction to earn higher transaction fee on a monthly basis within 5 days from the end of the month.

9 new companies have made it to the list of mid cap companies whereas 24 companies entered the small cap space, shows the AMFI data.

This will expedite the exit process for nominees/legal heirs of NPS subscribers.

Among key recommendations are doing away with GST on commission, incentivizing MFDs for bringing retail investors irrespective of their location and increasing focus on enhancing transparency and trust.

Kotak MF moves one rank up to occupy the fifth spot.

The NFO is open from January 05 to January 16.

Anuj Kumar, MD, CAMS shares some compelling insights and interesting trends observed in the mutual fund industry.