Existing investors can update their KYC status without having to invest in schemes of a particular fund house.
SBI Nifty 50 ETF, SBI S&P BSE Sensex ETF and UTI Nifty 50 ETF are the top three funds with the highest AUM across all categories.
Amit Shah, Founder & CEO, Wylth discusses ways in which MFDs can enhance their earnings.
Considering the growing popularity of passives, Cafemutual will hold Cafemutual Passives Conference in May 2024.
The ready reckoner provides updates on 344 passive funds.
The total number of individual distributors now stands at 1.43 lakh.
The fund house paid settlement amount of Rs.5 crore to SEBI. The fund house was allegedly not segregating its MF and PMS activities
Of the 10.93 crore capital market investors, the KYC status of 1.31 crore is ‘on hold’ while 1.64 crore investors are ‘registered’.
The industry recorded a marginal growth of 2% in terms of new business premium collection in one year.
LIC added the highest number of individual agents in the last one year.
A few bank employees have been reportedly asking investors to transfer AUM to avail loan against mutual funds.
Such a proportion was 17% in direct plans.
The total equity value excluding arbitrage has reached Rs. 31 lakh crore.
Cafemutual speaks to industry experts to understand how MFDs can look at passive funds for asset allocation.