On February 26, four funds of Nippon India Mutual Fund – Nippon India US Equity Opportunities, Nippon India Japan Equity, Nippon India Taiwan Equity, and Nippon India ETF Hang Seng BeES – stopped taking investments. Nippon India MF clarified that existing registered Systematic Investment Plans (SIPs) and Systematic Transfer Plans (STPs) will continue.
ETFs trade like small-cap stocks as SEBI bans MFs’ overseas investment
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