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11 fund houses sign up with paytm money as platform to go live this month - Search

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11 fund houses sign up with paytm money as platform to go live this month




with paytm’s mutual fund (mf) foray around the corner, 11 fund houses, accounting for 62 per cent of industry assets, have completed the paperwork and have been empanelled with paytm money. the asset management firms to have signed up with the mf distribution platform include large-sized fund hous...



incumbent distributors confident despite talks of paytm's mf foray




the widely heralded jio moment of the mutual fund industry is right around the corner. paytm is set to go live with its mutual fund distribution platform, paytm money, anytime this month. however, mutual fund distributors, which at the last count accounted for rs 1.8 trillion of industry assets, are...



incumbent distributors confident despite talks of paytm's mf foray




the widely heralded jio moment of the mutual fund industry is right around the corner. paytm is set to go live with its mutual fund distribution platform, paytm money, anytime this month. however, mutual fund distributors, which at the last count accounted for rs 1.8 trillion of industry assets, are...



paytm's claim of leadership in upi payments misleading, says phonepe




a week after vijay shekhar sharma-led paytm staked claim to being the country’s largest unified payments interface (upi) platform, flipkart’s digital payments arm phonepe has hit back saying that paytm’s claim of being the leader is "uni-dimensional and misleading". in a blog post published on...



paytm inks pact with singapore tourism; flyers to get rs 2500 cash back




the singapore tourism board (stb) announced its strategic partnership with paytm, a homegrown mobile-first financial services platform, thus making stb the first national tourism organisation (nto) to partner with the latter. as a part of this partnership, paytm would run joint promotions on its pla...



invest only a small portion in mutual funds through paytm or whatsapp




investing in mutual funds is getting easier by the day. paytm money will soon enter the mutual fund distribution and claims that investors can make much more — as much as 150 basis points — by investing in direct plans through its app. another private player, wishfin, has recently started facili...



paytm mall valued at $1.6-2 bn, raises rs 29 bn from softbank and alibaba




e-commerce player paytm mall has raised about rs 29 billion from softbank investment holdings and alibaba.com singapore in a deal valuing paytm’s online shopping venture at $2 billion. according to a regulatory filing by paytm mall, an aggregate amount of $400 million (about rs 26 billion) has com...



fewer fund schemes good for retail investors




after nudging mutual fund houses to reduce the number of schemes for the past five-six years, the securities and exchange board of india (sebi) has finally taken the strong step of classifying all schemes under five broad categories. every category has been further classified into 36  sub-categorie...



paytm to invest rs 5,000 cr in digital payments services in next 2 years




paytm, which has high-profile investors like softbank and alibaba, has drawn up a massive investment plan of rs 20,000 crore as the group expands its play into the digital payments, financial services and e-commerce space in the country."in the last 2 years and the next three years, we would have in...



ownership change at fund houses: be watchful, halt sips if necessary




events are underway currently that will result in changes in ownership patterns at two fund houses. on one hand, dsp group has bought out blackrock's 40 per cent stake in dsp blackrock investment managers. on the other, the bidding process for sale of idfc mutual fund is underway. when such changes ...



paytm comes out with new measures to expand daily average transaction value




mobile commerce platform paytm is eyeing to substantially increase its average transaction value of rs 500 per day from offline sales in the near-term. recently, paytm has come up with the option whereby users, instead of using their wallets for making payments, can use their credit card on the payt...



alibaba-backed paytm tops $29-bn mark in gross transaction run-rate




digital payments major paytm on friday said it has crossed an annual gross transaction run-rate of $29 billion, driven by growth across mobile payments and bank transfers through its platform. a paytm spokesperson said the company is witnessing strong growth in both mobile payments usage as well as ...



paytm valuation pegged at $10 bn after employees sell shares worth $50 mn




some former and existing employees of paytm are likely to sell shares worth about $50 million to new investors, according to industry sources. the secondary share sale, which is expected to take place over the next few weeks, would see new investors like discovery capital coming on board, the source...



when paytm chief brought live intense war among telcos!




rivalry among telecom players was turned live by paytm chief on twitter when he sought more data from his service provider airtel but ended up getting a better offer from reliance jio in bargain. payments platform paytm chief vijay shekhar sharma on sunday tweeted a screen shot of his airtel mobile ...



social media backlash compels paytm roll back top-up charges




china's alibaba-backed paytm today cited the outcry on social media as a reason for rolling back 2 per cent charge that it levied on money loaded in the wallet using credit cards."i will react faster. i won't say i will do anything different but i will react faster. yesterday, we rolled 2 per cent c...



full text: paytm suspends 2% fee on credit cards, here's why




paytm does a u-turn, rolls back 2% fee on recharge via credit cardsbusiness standardwe will introduce new features to prevent credit card misuse in add money, says paytmbs web team  march 10, 2017 last updated at 09:09 isthttp://mybs.in/2uuab9b



live streaming of india vs australia 2nd test: where to watch live cricket




live streaming or live coverage of the 2nd test between india vs australia is available online. the paytm series 2nd test match will be played at the m. chinnaswamy stadium in bengaluru from march 4 to march 8, 2017.live streaming of india vs australia paytm series: where to watch live cricket on tv...



paytm mall eyes $9 bn in gmv by 2018-end after $29 bn capital infusion




taking its expansion plan in the fast lane after infusion of rs 29 billion from softbank, paytm mall, the e-commerce company of vijay shekhar sharma-led one97 communications, is eyeing $9 billion in gross merchandise value (gmv) by the end of this year. the company plans to double the number of prod...



avoid timing the market with lump-sum investments




idfc mutual fund is the latest fund house to join the ranks of those which have restricted heavy lump-sum investments in their funds. it has limited lump-sum investment in idfc focused equity fund to rs 2 lakh a day. similar restrictions have been imposed in the recent past in other funds: dsp black...



paytm revenue stood at rs 814 crore in fy17




one97 communications ltd, the company that owns paytm, reported a revenue of rs 813.88 crore for the financial year 2016-17, as india's largest digital payment company tapped more users to transact on its platform after the government's decision to demonetise high-value currency in november last yea...



sebi's new rules make mutual funds see red




the securities and exchange board of india’s (sebi’s) new rules on ‘categorisation and rationalisation of mutual fund (mf) schemes’ are facing a pushback from managers overseeing assets worth rs 21 lakh crore ($320 billion). earlier this month, the markets regulator set rules to define vario...



kathua rape: delhi hc orders media houses that revealed identity of victim to pa




want create site? find free wordpress themes and plugins.the delhi high court on wednesday (april 18) ordered a number of media houses that it had arraigned for publishing pictures and the name of the victim of the horrific kathua rape and murder of an 8-year-old girl from a nomadic tribe to pay r...



paytm mall helps car, bike dealers get online for better visibility, sales




paytm mall is contributing towards the growth of automobile dealers by bringing their offerings online. this has enabled over a thousand dealerships across the country to reach a wider set of customers. dealers have also embraced the paytm mall qr code as a powerful medium to drive sales leads witho...



time to churn for cost conscious after introduction of total return index




the securities and exchange board of india (sebi) has made it compulsory for all mutual funds to benchmark their schemes against the total return index (tri) through a circular dated january 4. until now, a few fund houses such as dsp blackrock, edelweiss and quantum were voluntarily benchmarking th...



paytm launches online marketplace app - paytm mall




press trust of india  |  mumbai  february 27, 2017 last updated at 14:55 ist