Investors are currently receiving communiqués from their fund houses informing them about the changes being made to their funds to comply with the Securities and Exchange Board of India’s (Sebi) circular on categorisation of schemes that came in October 2017. While a few funds are being merged (less than 10 per cent of the total), many are being shunted from one category to another.
75 years to reach per capita income of $2730, will take only 5 years to add another $2000, FM Sitharaman
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