MF News

Gwalior MFD association celebrates its 10th foundation day

The foundation day welcomed 16 new members and felicitated 6-member MFDs aged above 60.

by Team Cafemutual Nov 11, 2022

Passives funds on a roll, receives inflows more than actives

While passive funds have received monthly inflows of Rs.10,300 crore, active funds saw inflows of Rs.9,400 crore in October 2022.

by Team Cafemutual Nov 11, 2022

Vinay Paharia quits Union MF as CIO

Union MF promotes Hardick Bora and Sanjay Bembalkar as Co-Head of Equity.

by Team Cafemutual Nov 10, 2022

22% of the total SIP AUM has been around for over 5 years

The proportion of 5-year-old SIP assets of regular plans is higher than that of direct plans.

by Karishma Gagwani Nov 10, 2022

Average AUM per folio of retail investors is close to Rs.70,000

AMFI data shows that the average AUM per folio of retail investors has declined by 11% over the last one year.

by Team Cafemutual Nov 9, 2022

Investors should launch complaint within one year of the date of cause: SEBI SCORES

The market regulator clarified that SEBI has the right to reject a complaint request if it is lodged after a year of the cause.

by Nishant Patnaik Nov 9, 2022

Nippon, ICICI Pru and SBI – Top three fund house in new folio additions

An analysis of folio data shows that 5 fund houses - Nippon India MF, ICICI Prudential MF, SBI MF, Canara Robeco MF and quant MF added over 50% of the total folio added.

by Karishma Gagwani Nov 9, 2022

B30 cities now account for 17% of the total MF assets

Of the total assets of Rs.40 lakh crore, nearly Rs.7 lakh crore comes from B30 cities.

by Team Cafemutual Nov 8, 2022

Sundaram MF relaunches health camp for MFDs

The initiative titled ‘Sundaram Sanjeevani 2022’ conducts health checkup for MFDs in 80 locations across the country.

by Team Cafemutual Nov 7, 2022

SEBI constitute a committee for AIFs

The 20-member committee headed by NR Narayana Murthy will advise SEBI on issues related to development of AIFs.

by Team Cafemutual Nov 6, 2022

Close to 11,000 individuals join mutual fund distribution industry in April-Sept 2022

New individual ARN registration goes up by 21% in the first six months.

by Team Cafemutual Nov 5, 2022

Manish Gunwani quits Nippon India MF, Shailesh Bhan elevated as the new CIO

Sailesh Bhan was the deputy CIO of Nippon India MF.

by Team Cafemutual Nov 4, 2022

B Rajendran takes charge as Executive Director of SEBI

Rajendran will handle AIFs among other responsibilities.

by Team Cafemutual Nov 4, 2022

SEBI gives in-principal approval to Helios Capital to start MF business

Helios Capital is a PMS firm promoted by Samir Arora.

by Team Cafemutual Nov 4, 2022

‘MFDs/RIAs need to be ahead of curve to continue to command their clients’ trust’

Seemant Shukla, Chief Business Officer, JM Financial Mutual Fund shares with us his key learnings and takes us through JM Midcap Fund.

by JM Financial MF Feature Nov 3, 2022

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