Over 65% of partial NPS withdrawals are for residential property
Of the total 4.87 lakh partial withdrawal cases reported in FY 2022-23, 3.25 lakh are towards the purchase or construction of residential property.
by Karishma Gagwani Jun 13, 2023
Direct plan platforms to charge a flat transaction fee either from AMCs or investors
Such a fee (if coming from AMC) cannot be charged to the MF scheme, clarified SEBI.
by Nishant Patnaik Jun 13, 2023
Over half of new MF investors are millennials
Of the total 1.57 crore new investors joining the MF Industry between FY 2019 and FY 2023, close to 85 lakh were millennials.
by Team Cafemutual Jun 13, 2023
HDFC MF discontinues lumpsum investment in its newly launched defence fund
The fund house has also discontinued investment through STPs.
by Team Cafemutual Jun 13, 2023