How to manage money, asset transfers after untimely death of a dear one SECTIONS Last Updated: Jun 07, 2021, 06:30 AM IST Share Synopsis Rules related to the transfer of money/asset in the name of a nominee or legal heir varies. Before being able to access any of the assets/funds of the departed individual, one may need to figure out the following things. Getty Images If the assets have been jointly held by the individual, one has to understand the type of the asset held and the rules pertaining to the same. The current wave of Covid-19 has been devastating and many families have lost their near and dear ones. In the midst of this grief, the dependants have to take stock of the finances of the departed one.
Updated Mar 16, 2021 | 18:12 IST The Indian MF industry could be worth Rs 100 lakh crore in the next decade. However, currently, there is just 1 distributor for every 17,000 people, indicating a massive growth opportunity for insurance agents Top fund houses, NSE to add 50,000 new mutual fund distributors over next 3 years | Photo Credit: Thinkstock India’s top Asset Management Companies (AMCs) along with NSE and CIEL joined hands to build 50,000 new to industry Mutual Fund Distributors over the next three years. This is being done under the aegis of ExpertMFD, a first pan-India collaborative initiative comprising of top AMCs who manage over two-third of the total AUM in the mutual fund industry. These include marquee names like Aditya Birla Sun Life Mutual Fund, Axis MF, ICICI Prudential MF, L&T MF, Nippon India MF, SBI Mutual Fund and Sundaram MF who have joined hands with NSE (National Stock Exchange) and CIEL (Centre for Investment Education and Learning).
AMCs target to add 50,000 new MF distributors in next 3 years March 16, 2021 Seven MFs, NSE, CIEL join hands for education platform The top seven Asset Management Companies, the NSE and Centre for Investment Education and Learning have joined hands to add 50,000 new mutual fund distributors over the next three years. The initiative will be carried out through ExpertMFD, a first of its kind move by seven mutual funds including Aditya Birla Sun Life Mutual Fund, Axis MF, ICICI Prudential MF, L&T MF, Nippon India MF, SBI MF and Sundaram MF, which manage over two-third of total mutual fund industry AUM.
Top AMCs join hands with NSE & CIEL to create 50,000 New Mutual Fund Distributors in next 3 year moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.
Top AMCs join hands with NSE & CIEL to create 50K New Mutual Fund Distributors By IANS | Published on Tue, Mar 16 2021 15:27 IST | 5 Views
SEBI may issue norms for minimum holding in liquid assets for MFs. Image Source: IANS News New Delhi, March 16 : Asset Management Companies along with NSE and CIEL have joined hands to build 50,000 new to industry Mutual Fund Distributors (Financial entrepreneurs) over the next three years. This is being done under the aegis of ExpertMFD,a first pan-India collaborative initiative comprising of top AMCs who manage over 2/3rd of total AUM in Mutual Fund Industry. The MFs include marquee names like Aditya Birla Sun Life Mutual Fund, Axis MF, ICICI Prudential MF, L&T MF, Nippon India MF, SBI Mutual Fund and Sundaram MF who have joined hands with NSE (National Stock Exchange) and CIEL (Centre for Investment Education and Learning).