Saturday, October 27, 2012

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MF industry wants level playing field: The mutual fund industry in India wants a level playing field on tax treatment for long-term investment vehicles across product classes, such as pension, insurance and mutual funds. ?http://www.business-standard.com/india/news/mf-industry-wants-level-playing-field-/490720/

Distributor concerns exaggerated : MF heads Concerns that mutual fund distributors will be out of business following the Securities and Exchange Board of India's (Sebi) decision to provide a separate plan for direct investing are exaggerated, said mutual fund industry heads on Thursday at the Business Standard Fund Cafe 2012. They added that distributors will continue to be a vital link between the asset management company (AMC) and the investor. http://www.business-standard.com/india/news/distributor-concerns-exaggerated-mf-heads/490721/

New distribution channel : Life Plazas: Reliance Life Insurance Company (RLIC), part of Reliance Capital Limited, on Tuesday introduced a new distribution channel -- Life Plaza -- a first-of-its-kind sales and service initiative by any insurer in India. http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/reliance-life-insurance-introduces-new-distribution-channel--life-plaza/articleshow/16926349.cms

Sahara investors seek Sebi's intervention on refunds: A number of investors in Sahara have complained to stock market regulator Sebi that they have received only a part of the amount the Supreme Court had ordered the Subroto Roy-helmed company to refund. http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/sahara-investors-seek-sebis-intervention-on-refunds/articleshow/16958552.cms

MFs may see revival of flows into equities by early 2013: Mutual fund industry is likely to see revival of some flows into equity schemes by early 2013 on the back of gains in average assets under management (AUM) in equity portfolios coupled with low bond yields, says a research report http://economictimes.indiatimes.com/personal-finance/mutual-funds/mf-news/mfs-may-see-revival-of-flows-into-equities-by-early-2013/articleshow/16941139.cms

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