Wealth managers would need to comply with stringent rules as RBI and SEBI come together to regulate the estimated $1-trillion wealth management industry
Bank of India which exited the mutual fund business in 2004 is set to re-enter the MF space by acquiring 51 per cent stake in Bharti AXA Investment Managers, reports Business Standard
Short duration debt schemes are a better choice for the immediate future, suggests Alok Singh, Head - Fixed Income & Structured Products, BNP Paribas MF
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