MF News

Glitches in transaction platforms create problems for MFDs

Since the start of this month, MFDs including online direct distribution platforms have been facing delay in processing of transactions and redemption failures.

by Abhishek Kumar Jul 29, 2022

Quantum MF launches ‘Quantum Nifty 50 ETF Fund of Fund’

The fund opens for subscription on Jul 18, 2022 and closes on Aug 1, 2022.

by Team Cafemutual Jul 29, 2022

‘Over 180 MFDs register more than 100 SIPs every month’

IDFC MF report shows that the number of MFDs who register over 100 SIPs tripled in FY 2022 from 64 to 188.

by Abhishek Kumar Jul 29, 2022

‘9 out of 10 ‘old’ SIPs are in regular plans’

Direct plans are slowly gaining ground as they have upped their share in almost every SIP time frame in the last one year, shows AMFI data.

by Abhishek Kumar Jul 28, 2022

FMPs are back, but face stiff competition from target maturity schemes

Fixed maturity and target maturity schemes are similar except that one is closed-ended and the other is open-ended.

by Abhishek Kumar Jul 28, 2022

ABSL MF and UTI MF see decline in their profits

Both the fund houses witnessed over 30% decline in their net profits.

by Team Cafemutual Jul 28, 2022

4 key elements of building a successful distribution business

Rajat Kumar Biswas of ValueCap, Chhattisgarh talks about analysing client needs, creating a unique proposition, team building and BSE StAR MF.

by BSE Star MF Feature Jul 27, 2022

AMFI reduces grace period for MFDs to submit annual DSC to three months

Earlier, MFDs were given a grace period of 6 months to submit annual DSC.

by Nishant Patnaik Jul 27, 2022

Baroda BNP Paribas MF launches its flexi cap fund

The NFO opens on July 25 and closes on August 5.

by Team Cafemutual Jul 26, 2022

10% decline in individual ARN count as renewal deadline ends

The individual MFD tally dipped below 1 lakh in April but recovered in the next two months to reach 1.05 lakh in June.

by Abhishek Kumar Jul 26, 2022

Who will manage Prashant Jain’s schemes?

HDFC Flexicap Fund, HDFC Top 100 Fund and HDFC Balanced Advantage Fund get new fund managers.

by Karishma Gagwani Jul 26, 2022

Online investment platforms welcome the concept of execution only platforms

Three of the top 5 online investment platforms believe that the move has introduced new possibilities and brought much needed clarity on their business model.

by Nishant Patnaik Jul 26, 2022