SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • News From Press SIPs won’t be stopped for want of nomination: AMFI chief

    SIPs won’t be stopped for want of nomination: AMFI chief

    Source: The Hindu BusinessLine Oct 1, 2022

    The mutual fund industry has assured that no ongoing systematic investment plan will be stopped for non-compliance on the nomination front. The assurance from the mutual funds come as the Securities and Exchange Board of India (SEBI) deadline for submission of nomination on all mutual fund schemes ends on Saturday.

    A Balasubramanian, Chairman, AMFI and Managing Director of Birla Mutual Fund said no running SIP will be stopped for want of nomination and clearly that is not the intention of SEBI, as well.

    Read more 

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

    Click to clap
    Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
    0 Comment
    Be the first to comment.
    Login or Sign up to post comments.
    More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

    Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.