The government has reduced the rate of interest on 8 small savings schemes by 70-140 basis points. These schemes include Public Provident Fund Scheme, National Saving Certificate, Senior Citizen Saving Scheme, Kisan Vikas Patra and Sukanya Samriddhi Account Scheme.
Karthikraj Lakshmanan of BNP Paribas, Neelesh Surana of Mirae Asset and Srinivas Rao Ravuri of PGIM talk about the impact of coronavirus outbreak on Indian equity market.
Two leading mutual fund distributors (MFDs) – Neelesh Shah of KAMFA and Uddhav Tulshibagwale of PIFAA share how they are tackling client concerns about market correction due to the corona virus threat.
SEBI has given two months extension to PMS players to comply with the regulatory norms in which it has asked PMS players to shift to all trail model to compensate distributors.
Neelesh Surana, CIO, Mirae Asset feels that some of the large cap stocks are better placed to weather the covid-19 threat and these stocks are also available at attractive valuation.
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