Mutual Funds - Devout Invest

UTI MF launches a feature for Investors to view all financial investments

By DALJIT SINGH May 26, 2026Mutual FundsNo Comments

UTI Mutual Fund has launched ‘Wealth 360’, a new digital feature aimed at helping investors track their overall wealth across multiple financial institutions through a single platform. The feature is…

80% MFDs want the MF industry to move to a RCM

By DALJIT SINGH May 26, 2026Mutual FundsNo Comments

An opinion poll run by Cafemutual reveals that 79% of the total respondents wants the mutual fund industry to move towards a reverse charge mechanism (RCM) of Goods and Services…

Why are more young Indians entering markets?

By DALJIT SINGH May 9, 2026Markets, Mutual Funds

Young Indians and women are emerging as key drivers of India’s retail investing boom, reshaping participation in mutual funds and equity markets. investing landscape is witnessing a major demographic shift…

Geo-political risks and its impact

By D@ljit1967 May 1, 2026Economy, Mutual Funds, Politics

The Cafemutual Beyond Border Summit 2026 saw Dharmakirti Joshi, Chief Economist, CRISIL, explaining how rising global tensions and changing geopolitics are impacting the Indian economy. He explained that while India…

MFDs are now entitled to get trail commission if investors transfer assets

By D@ljit1967 March 6, 2024Markets, Mutual Funds

AMFI has issued best practices guidelines in which it has allowed AMCs to pay trail commission to MFDs if a client transfers his assets from one MFD to another. However,…

SBI Energy Opportunities NFO collects over Rs. 6700 crores

By D@ljit1967 February 28, 2024Mutual Funds, NFO

SBI Mutual Fund has collected over Rs. 6,700 crore during the NFO of SBI Energy Opportunities Fund. The fund house has received application from over 5 lakh investors. The fund…

SEBI plans to make nomination optional for joint MF portfolios

By D@ljit1967 February 28, 2024Economy, Mutual Funds, Uncategorized

Capital market regulator SEBI has excluded investment made through ETFs and index funds from the regulations on exposure to a single stock of own group companies and nomination has been…

Kotak restricts flows into small-cap fund

By D@ljit1967 February 27, 2024Markets, Mutual Funds, Stocks, Uncategorized

Kotak Mutual Fund will restrict flows into its small-cap scheme from March 4, joining the likes of Nippon and Tata in limiting investments into this product category as elevated share…

Canara Robeco Mutual Fund launches Canara Robeco Manufacturing Fund

By D@ljit1967 February 27, 2024Markets, Mutual Funds, NFO

Canara Robeco Mutual Fund announced the launch of the Canara Robeco Manufacturing Fund. The scheme opened for public subscription on February 16, 2024, and will close on March 01, 2024.…

Mahindra Manulife Mutual Fund launches Multi Asset Allocation Fund

By D@ljit1967 February 22, 2024Markets, Mutual Funds, NFO

Mahindra Manulife Mutual Fund announced the launch of the Mahindra Manulife Multi Asset Allocation Fund. The scheme opened for public subscription on February 20, 2024, and will close on March…