News From Press

Capital markets regulator Sebi is in the process of issuing a revised risk management framework for mutual fund industry in view of the changes in the industry landscape which will define the roles

The finance ministry will move amendments to the insurance Act in the ongoing Parliament session

The MFU should be strengthened by recognizing it as market infrastructure

Have pumped in over Rs 10,500 cr this month-the most since in 16 months

To avoid the challenge of buying ETFs at the right price, choose index funds

Surging premiums due to rising Covid-19 claims have forced fund houses to put the facility on hold for new investors

Sebi's move has raised doubts over the role of players like Kuvera, Groww and Paytm Money. Currently, most users prefer these players for most activities that the new platform is designed to do

Rate hikes typically lead to a reversal of FII inflows from emerging markets to developed ones

SEBI argued that reducing the penalty amount will set a precedent

HDFC AMC's Munot said the economy should come back to a steady recovery path with the COVID-19 curve showing signs of flattening and the nationwide vaccination drive gathering steam

With the exit of Max India and the entry of private equity firm True North, Max Bupa needed to create a new brand identity

Currently, fund houses are required to invest a maximum of Rs 50 lakh per scheme

Units held in physical form can be converted to demat form later. The unit holder has to fill up a Dematerialisation Request Form (DRF). Scheme name, folio number, demat account details must be mentioned and the DRF should be signed by the holder.

Good Q1 showing on the back of last year's low base; sales low sequentially

Fund of funds is basically a different type of mutual fund that invests in other mutual funds instead of directly investing in stocks, securities, commodities and bonds.