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About 541 results for "amfi"

MF houses start following Amfi curbs on bonus plans

Mutual fund houses have started complying with industry body Amfi's (Association of Mutual Funds in India) directive to stop accepting fresh subscriptions for bonus plans in view of concerns that such products can be misused by using bonus stripping ... Financial Chronicle, 1 month ago
Amfi wants an end to bonus plans Smart Investor, 2 months ago
Outlook India

Advantage for investors

Sometimes inadvertent change in rules can benefit investors. AMFI, the mutual fund industry body, recently put a cap on commission payout at 1 per cent effective April 1, 2015. This has resulted in a domino effect, resulting in exit loads on several ...
 Outlook India1 month ago Mutual fund industry body AMFI scouts for a new CEO  Times of India2 months ago AMFI scouts for a new CEO; sets up a search panel  Business Standard2 months ago

Amfi frames method for mutual fund agents' service tax deduction

NEW DELHI: In a relief to mutual fund distributors, industry body Amfi has put in place a new computation method that will help in reducing their service tax payments. Mutual fund distributors are required to pay service tax from the commissions ...
 Times of India1 month ago Amfi frames method for MF agents service tax deduction  Financial Express1 month ago An ill-advised move from AMFI  Value Research Online2 months ago

Amfi: Mutual funds pumped Rs 1 lakh crore in April-May

Investors have pumped in over Rs 1 lakh crore into various mutual fund schemes in the first two months of the current financial year, 2015-16, with equity and money markets contributing the most. This is slightly lower in comparison to Rs 1.46 lakh crore net ...
 Economic Times1 month ago Mutual funds gather Rs 1 lakh crore inflows in April and May  DNA1 month ago Assets of MFs to touch Rs. 20 trillion by 2018: AMFI  India Infoline2 months ago Equity MFs asset base rises 55% to Rs 3.72 lakh crore  Money Today1 day ago
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Sebi Chairman UK Sinha asks mutual fund agents to behave on fees, warns of stern action

He said Sebi expects the industry body Amfi to introduce self-discipline for the industry, failing which there would be corrective action.
 Economic Times4 weeks ago MF agents told to behave on fees, warned of stern action  New Delhi Pioneer3 weeks ago Keep fee within limits or face action, Sebi warns MF players  Smart Investor4 weeks ago Sinha asks MF agents to behave on fees, warns of stern action  Press Trust of India4 weeks ago

Amfi to end mutual fund bonus options

Bonus mutual fund (MF) options have become quite popular in recent years with a large number of investors taking this route to make investments. Bonus units involve a component of tax benefit that the investors claim and although the Income-Tax Act has bonus ...
 The Financial Chronicle2 months ago Amfi to check MF bonus plan  Asian Age2 months ago Amfi asks mutual funds to check 'bonus stripping' practiceto prevent plans misuse  Economic Times2 months ago Amfi asks mutual funds to check bonus stripping practice  Daily Excelsior.com2 months ago

AMFI-WB organises Banking Summit 2015

Kolkata, May 20 (IBNS): Association of Micro Finance Institution € West Bengal (AMFI) has organised the 2nd AMFI-WB Banking Summit in Kolkata on Wednesday. The objective of the summit is to actively engage key stakeholders to ensure a well- ...
 India Blooms2 months ago AMFI-WB to organise Banking Summit in Kolkata  NewsR.in2 months ago

Go for diversified equity MF schemes rather than sectoral ones: Sundeep Sikka

Sundeep Sikka, chairman of the Association of Mutual Funds in India (Amfi) and president and CEO of Reliance Capital Asset Management Ltd (RCAM), spoke about the industry, its growth in one year of Narendra Modi government, as well as his company's focus on ...
 DNA2 months ago

Amfi relaxes rules for upfront commission payment for SIP

In order to provide incentives to distributors for selling systematic investment plans (SIPs) by mutual funds, Association of Mutual Funds in India (Amfi) has relaxed rules for upfront commission payment for SIPs. Mutual funds are now allowed to pay up to 1 ...
 The Financial Chronicle1 day ago
Calcutta Telegraph

AMFI'A' : Sebi warns mutual funds on fees

SECURITIES and Exchange Board of India ( Sebi) chairman U. K. Sinha warned mutual fund ( MF) players on hefty fees they charge customers on Tuesday saying if they " do not behave", punitive action would be taken against them. Sinha pointed out ...
 4 Traders3 weeks ago AMFI Leashes Agent Commissions  Value Research Online2 months ago Sebi targets high mutual commissions  Calcutta Telegraph3 weeks ago SEBI warns Mutual Funds on high fees  Deccan Chronicle3 weeks ago
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