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Futurez Avenue

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B-114, Pooja Kiran Appt., Opp. Arjun Complex,
Above BOB, Bhatar Road, Surat, Gujarat - 395007,
India.
Mobile: +91 - 9824109497
Phone: +91 -
Email: futurezavenue@gmail.com

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Tax planning is not a device to reduce tax burden. In fact, it helps savings by investments in government securities. Savings reduce extravagance, and correspondingly inflation.

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LIC Nomura Mutual Fund names Sarojini Dikhale as CEO
LIC Nomura Mutual Fund AMC named Sarojini Dikhale as new chief executive officer -- the only woman leading an Asset Management Company in country.
Date : Mon, 06 Jul 2015 13:27:30
Source : The Economic Times

ET Wealth: Things to know before betting on technology sector funds
Application development and maintenance work, the bread and butter for most Indian IT companies, will play its role, though the segment’s growth has slowed.
Date : Mon, 06 Jul 2015 02:30:28
Source : The Economic Times

Things to know before betting on technology sector funds
Application development and maintenance work, the bread and butter for most Indian IT companies, will play its role, though the segment’s growth has slowed.
Date : Mon, 06 Jul 2015 02:30:28
Source : The Economic Times

HDFC Mutual Fund retains top position with respect to the total assets managed
In terms of asset gainers, SBI Mutual Fund posted the highest growth in AUM in absolute terms of Rs 87.51 billion to stand at Rs 836.93 billion.
Date : Fri, 03 Jul 2015 11:12:06
Source : The Economic Times

ICICI Securities offers to manage EPFO’s Rs.1.4 lakh crore corpus for just Rs.7 a year
ICICI Securities Primary Dealership has bid 0.0000000005% of assets it is managing as annual fee, by far the lowest bid ever to be accepted by the fund.
Date : Fri, 03 Jul 2015 05:14:05
Source : The Economic Times

ICICI offers to manage EPFO’s Rs.1.4 lakh crore corpus for just Rs.7 a year
ICICI Securities Primary Dealership has bid 0.0000000005 per cent of the assets it is managing as annual fee, by far the lowest bid ever to be accepted by the fund.
Date : Thu, 02 Jul 2015 22:50:57
Source : The Economic Times

ICICI offers to manage EPFO’s Rs.1.4 l crore-debt just for Rs.7
ICICI Securities Primary Dealership has bid 0.0000000005 per cent of the assets it is managing as annual fee, by far the lowest bid ever to be accepted by the fund.
Date : Thu, 02 Jul 2015 22:50:57
Source : The Economic Times

MF assets base perks up by Rs 39,000 crore in Apr-Jun quarter
The assets base of country's mutual fund industry surged by around Rs 39,000 crore to jump over Rs 12 lakh crore during Apr-July quarter.
Date : Thu, 02 Jul 2015 08:51:16
Source : The Economic Times

Mutual fund houses see only marginal impact of Greek crisis
Domestic mutual fund houses expect some volatility in the short-term since they expect foreign investors to pull out some money.
Date : Wed, 01 Jul 2015 17:39:17
Source : The Economic Times

Mirae Asset Management launches open ended equity oriented asset allocation scheme
The debt portion of the scheme will be actively managed and the fund manager will take a top down approach for taking interest rate view.
Date : Wed, 01 Jul 2015 16:13:18
Source : The Economic Times

Mutual funds line up retirement plans
MFs are queueing such schemes as retirement funds floated by them have been given tax benefits in line with pension funds to attract long-term domestic savings.
Date : Wed, 01 Jul 2015 14:04:36
Source : The Economic Times

Mirae Asset eyes growth in AUM to Rs 3,000 crore by year end
Mirae Asset, a wholly-owned subsidiary of South Korea-based Mirae Asset Global Investments, has eight funds in its bouquet of offering.
Date : Wed, 01 Jul 2015 13:40:51
Source : The Economic Times

Sunil Subramaniam elevated as Sundaram Asset Management's CEO
Sundaram Asset Management Company today announced here that it has elevated its Deputy CEO Sunil Subramaniam as Chief Executive Officer with effect from July 1.
Date : Tue, 30 Jun 2015 12:56:32
Source : The Economic Times

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.
Date : Tue, 30 Jun 2015 11:30:21
Source : The Economic Times

Small mutual funds step up fight over cap on upfront fees
The bone of contention is the recent Amfi move to put a cap on upfront fees mutual funds pay distributors.
Date : Mon, 29 Jun 2015 05:05:50
Source : The Economic Times

MFs try out 'mystery shoppers' to keep lid on mis-selling
To check mis-selling of mutual funds and ensure compliance with norms, fund houses have begun using 'mystery shoppers' to catch errant agents
Date : Sun, 28 Jun 2015 06:59:20
Source : The Economic Times

Assets managed by MF distributors to rise: Crisil-FIAI report
Assets under management of mutual fund distributors could nearly triple from Rs 8 lakh crore to Rs 23 lakh crore by 2020
Date : Thu, 25 Jun 2015 16:57:07
Source : The Economic Times

Motilal Oswal AMC rules out new products soon
Motilal Oswal Asset Management Company (MOAMC), which is into equity funds only, here said it has no plans to come up with any new product in the near future.
Date : Thu, 25 Jun 2015 12:42:09
Source : The Economic Times

MFs file papers with Sebi for 100 new offerings in 2015
The documents for these 100 NFOs have been submitted with the Securities and Exchange Board of India since the beginning of this year.
Date : Thu, 25 Jun 2015 10:27:53
Source : The Economic Times

Huge opportunity for mutual fund distributors: Crisil
With the average investor still requiring guidance through the complicated maze of investments, investors will seek advice.
Date : Wed, 24 Jun 2015 10:40:40
Source : The Economic Times

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