To protect small investors from tricky choices made by mutual fund managers, the market regulator Securities and Exchange Board of India (Sebi) has introduced new redemption rules. Now, mutual fund houses cannot restrict redemptions unless there’s a crisis that can affect the industry at large. Even in such cases, investors will be able to withdraw up to Rs 2 lakh.
India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
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