Securities Appellate Tribunal asks Sebi to select SRO afresh for MF distributorsSebi had granted the in-principle approval last year to IMFI , which was challenged before the Tribunal by another applicant FPSF.
Assets managed by MF distributors to rise: Crisil-FIAI reportAssets under management of mutual fund distributors could nearly triple from Rs 8 lakh crore to Rs 23 lakh crore by 2020
Financial distribution industry assets seen tripling by 2020The report estimates life insurance distribution premium could also triple from Rs 3 lakh crore to nearly Rs 9 lakh crore.
SAT allows appeal against Sebi order for MF distributorsThe SRO will assist Sebi and AMFI in regulating fund distributors and ensuring a cordial relationship with mutual fund houses.
SAT to hear appeal against Sebi order for mutual fund distributors on WednesdayThe decision to set up an SRO followed concerns about MF distributors not being regulated and rising complaints against them for mis-sellin...
Over 80% investors satisfied with mutual fund schemes: SurveyMore than 80% of investors in the country are satisfied with their mutual fund schemes, a survey by trade body of financial distributors sa...
Formation of SRO will increase reach of mutual fund products: Rajiv BajajSRO for the mutual fund industry will help increase its reach, Bajaj Capital Vice-Chairman and Managing Director Rajiv Bajaj said today.
- Heard on the street
Mutual fund distributors have realised the importance of a union body to hold their own against the mutual fund lobby and its parent body A...