Mirae Asset Mutual Fund stops accepting money in overseas funds
05 Jan 2024

Mirae Asset Mutual Fund stops accepting money in overseas funds

Mirae Asset Mutual Fund has temporarily suspended the lumpsum subscription, fresh systematic investment plan and systematic transfer plan in ...

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Jio Financial-BlackRock JV applies for mutual fund licence
04 Jan 2024

Jio Financial-BlackRock JV applies for mutual fund licence

The joint venture between Jio Financial Services and BlackRock has applied for a mutual fund licence with the market regulator, and the appl ...

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Old Bridge Capital Management receives Sebi nod to start mutual fund business.
07 Sep 2023

Old Bridge Capital Management receives Sebi nod to start mutual fund business.

Old Bridge Capital Management (OBCM), a portfolio management firm, has received the final nod from markets regulator Sebi to commence its mu ...

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CAMS launches AI-embedded KYC to onboard customers instantly
01 Aug 2023

CAMS launches AI-embedded KYC to onboard customers instantly

CAMSKRA, a CAMS subsidiary and a leading KRA (KYC Registration Agency) serving capital market players, has simplified the KYC registration p ...

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Sebi introduces a separate sub-category for ESG investments
21 Jul 2023

Sebi introduces a separate sub-category for ESG investments

Sebi introduces a separate sub-category for ESG investments

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Participation of Mutual funds in repo transactions on Corporate Debt Securities
09 Jun 2023

Participation of Mutual funds in repo transactions on Corporate Debt Securities

Sebi allows mutual funds to invest in repo transactions on commercial papers, certificate of deposits

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SEBI MODIFIES MF INVESTMENT FRAMEWORK IN MINORS
13 May 2023

SEBI MODIFIES MF INVESTMENT FRAMEWORK IN MINORS

Capital markets regulator Sebi on Friday tweaked the rules about investment in mutual funds made in the name of a minor through a guardian.

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Groww completes Rs 175cr Indiabulls Mutual Fund biz acquisition
06 May 2023

Groww completes Rs 175cr Indiabulls Mutual Fund biz acquisition

Nextbillion Technology, which runs investment platform Groww, has completed the acquisition of the mutual fund business

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Emkay Global gets approval to launch mutual fund biz
21 Apr 2023

Emkay Global gets approval to launch mutual fund biz

Emkay Global Financial Services has received in- principle approval from the capital markets regulator to launch its mutual fund business in ...

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The 2 biggest issues with your key marketing tactic
12 Aug 2020

The 2 biggest issues with your key marketing tactic

Ask any wealth management / financial planning firm globally about their most important source of growth and you are likely to get only 1 an ...

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Clarification: Nominees are entitled to get trail commission without obtaining ARN
15 Sep 2020

Clarification: Nominees are entitled to get trail commission without obtaining ARN

AMFI has clarified that nominees or legal heirs are entitled to get trail commission on assets built before the demise of an ARN holder with ...

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One marketing decision that will make you wildly successful
28 Sep 2020

One marketing decision that will make you wildly successful

I was speaking to a group of IFAs after our 2 day BootCamp (training program) and one of them asked me…

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New distributors flocking to mutual funds
06 Dec 2017

New distributors flocking to mutual funds

With rising inflows in mutual funds, the Rs 21 lakh crore mutual fund (MF) industry is seeing a steady increase in new distributors joining ...

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FIIs pour $6.3 Billion into Indian Equities
30 Nov 2020

FIIs pour $6.3 Billion into Indian Equities

After pulling out almost $ 6.4 billion during the March 2020 quarter, foreign institutional investors, or FIIs, .....

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You can renew your expired ARNs/EUINs during lockdown till Sept 30
23 Jul 2020

You can renew your expired ARNs/EUINs during lockdown till Sept 30

ARNs which expired during lockdown months can be renewed till September 30, 2020. Giving relaxation to mutual fund distributors and their em ...

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Is high profitability of AMCs due to high TER?
23 Aug 2018

Is high profitability of AMCs due to high TER?

At the second AMFI Annual Summit held in Mumbai, SEBI chief Ajay Tyagi commended the industry for achieving stellar growth in the last few y ...

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Register as non-individual RIA if clientele exceeds 150 : SEBI
15 Jul 2020

Register as non-individual RIA if clientele exceeds 150 : SEBI

Securities and Exchange Board of India (SEBI) has asked individual Registered Investment Advisers (RIAs) whose total clients exceed 150 to r ...

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Impact of new SEBI norms on debt funds
12 Jul 2019

Impact of new SEBI norms on debt funds

In its board meeting, SEBI accepted the new valuation norms for debt mutual funds proposed by Mutual Fund Advisory Committee. Here are some ...

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What is the impact of stamp duty on fund purchases?
08 Jul 2020

What is the impact of stamp duty on fund purchases?

Stamp Duty at a rate of 0.005% will be imposed on mutual fund transactions from July 1, 2020. It is an absolute figure levied on the amount ...

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RTAs should be asked to update KYC immediately, FIFA requests AMFI
31 Jul 2019

RTAs should be asked to update KYC immediately, FIFA requests AMFI

Highlighting the key issues faced by the mutual fund distribution community, Federation of Independent Financial Advisors (FIFA) has submitt ...

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Your clients can invest in ELSS/ULIP till July 31 to avail 80C benefits
01 Jul 2020

Your clients can invest in ELSS/ULIP till July 31 to avail 80C benefits

The Ministry of Finance has given another months extension to tax payers to invest in tax savings instruments to avail benefits under 80C, 8 ...

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