MF News

7 new NFOs were launched in the last two months.

AMFI has issued a declaration form seeking confirmation from unit holders of the first holder or other joint holders to see if the name of the distributor has been added with their consent or knowledge.

Globally, the number of CFPs grew to 2.20 lakh.

SEBI has directed AMFI to ask AMCs to put in place a policy to safeguard the interest of unitholders invested in mid and small cap funds.

Industry experts Dhawal Dalal, President & CIO-Debt, Edelweiss MF, Mihir Vora, CIO, Trust MF, Prashant Pimple, CIO, Fixed Income, Baroda BNP Paribas MF, Puneet Pal, Head, Fixed Income, PGIM India MF share their views on the debt markets for March 2024.

Ashish Naik, Equity Fund Manager, Axis Mutual Fund, Asit Bhandarkar, Senior Fund Manager (Equity), JM Financial Mutual Fund and George Thomas, Fund Manager – Equity, Quantum Mutual Fund share with us their equity market outlook.

The monopoly style board game encourages players to discuss basics of finance.

PM Modi spoke at the TV 9 Global Summit.

SBI Energy Opportunities Fund NFO received application from over 5 lakh investors.

35% of non-equity assets remains invested for more than 2 years.

Also, SEBI has proposed that index funds/ETFs need not follow sectoral weightage norms to comply with sectoral limits.

Also, Maharashtra has the highest AUM to GDP ratio.

Govt. to allow inter usability of KYC records across financial sectors i.e. enabling bank KYC to invest in mutual funds and insurance.