Debt MF returns may remain subdued on RBI's accommodative stance
Money managers say investors to look at medium-duration bonds
by Business Standard Apr 8, 2021
CAMS launches eKYC using OTP based Aadhaar verification for MF investors
Technology driven financial infrastructure and services provider Computer Age Management Services (CAMS) has unveiled an e-KYC facility using an one time password based Aadhaar verification.
by The Economic Times Apr 8, 2021
Prime Investor asks investors to exit all Franklin funds
“Underperformance of the equity mutual fund schemes, slide in assets under management (AUM), loss of confidence, and botched handling of events, likely flight of talent and change of sponsor are some reasons that have led to this decision,” said Prime’s co-founder Vidya Bala.
by The Economic Times Apr 8, 2021
Rising stars in mutual funds: Shreyash Devalkar on picking investments in big and not-so-big companies
As a fund manager of three successful schemes at Axis MF, Devalkar shares why real wealth can be created by companies that shift their scope of business
by Moneycontrol Apr 7, 2021
Small Savings Schemes Interest Rates: Are they unrealistically high?
The overnight reversal of up to 1.1 per cent cut in the interest rates of Small Saving Schemes for the first quarter of FY 2021-22 raises doubt if the current rates are unrealistically high.
by Financial Express Apr 7, 2021
Axis Bank to become co-promoter of Max Life Insurance
The private sector lender will also nominate three representatives to the board of Max Life Insurance post this development. The three representative are – Rajiv Anand, Rajesh Dahiya and Subrat Mohanty.
by The Economic Times Apr 7, 2021
MFs log strong 19% AUM growth at Rs 32.1 trillion in March quarter
SBI cements pole spot, widens lead over HDFC MF; Among top 10, Axis MF has logged highest growth in average AUM at 42% to Rs 1.96 trillion
by Business Standard Apr 7, 2021
10 types of standard insurance policies spawned by pandemic
Insurance firms have launched simpler offerings across categories, which make it easy for the layman to choose
by Mint Apr 6, 2021