MF News

The total number of folios reaches close to 20 crore.

The union finance minister was addressing the parliament in Rajya Sabha.

SEBI imposes a fine of Rs.3 lakh on Nippon India for charging expenses of 5 ETFs and one FoF on the AMC’s book.

Investors who purchased properties before July 23, 2024 will have an option to avail indexation benefit.

The event also hosted Red Carpet Samman Awards to recognize the efforts of MFDs.

The company will charge Rs. 299 per month.

SEBI proposes several relaxations for investment advisers and research analysts.

This annual initiative ‘Partner in excellence’ will felicitate 165 MFDs and RIAs.

Many MFDs did not obtain GST registration number after crossing the threshold limit of GST due to a lack of knowledge.

The market regulator has allowed fund houses to carry out valuation based on Yield to Call (YTC).

SEBI also said that MD, CEO, Chief Compliance Officer and other senior officials will be held responsible for implementation of this mechanism.

IFSCA has issued a consultation paper in which it has proposed measures that will enhance ease of doing business, put in place additional safeguards in investment management and provide more clarity on existing regulations.