PSU mutual funds can be a good investment option for investors looking to gain exposure to the public sector
In the past fortnight, fund houses have approached Sebi for 20 NFO approvals
Sebi said that all new investors/unitholders would continue to be required to mandatorily provide the 'choice of nomination' for demat accounts/ mutual fund folios
Sebi earlier required that all mutual fund investors link their PAN with Aadhaar to complete KYC process
NFOs provide investors with the opportunity to invest in a fund from its inception, offering benefits such as low initial investment, unique investment themes, and potential for future growth
The thematic scheme will invest in stocks of companies engaged in automotive and allied businesses.
Passive funds attract Rs 37,200 crore inflows in 2024
Equities offer the best potential for wealth building over the long term. Investors need to invest time and effort in acquiring skills to improve their stock selection, timing, money management skill
India exposure in such global ETFs could be capped at 20%
'By managing thematic investments internally, we aim to prevent the tax implications associated with the frequent buying and selling of different thematic funds by investors
Allied Blenders and Distillers, the maker of Officer's Choice Whisky, has received Sebi's go-ahead to raise Rs 1,500 crore through an IPO, an update with the markets regulator showed on Tuesday
With no Fed rate cut in sight, gilt schemes garner Rs 5,200 cr in April, most in at least 5 yrs
From changes in bank charges to regulatory updates, here's what you need to know
Flexicap mutual funds offer the fund managers to invest across sectors and market capitalisations without any restrictions
With markets hovering around their record-high levels, traders are facing the dilemma of whether to buy the dip or sell the rallies
Unique investor tally surges to 44.5 million as 6.8 million new investors come onboard
Average MF ownership in Nifty Smallcap 250 stocks rose to 9% in Dec 2023 from 7.7% a yr ago
The company plans to launch the MF vertical by June, said Vasanth Kamath, Founder and CEO of Smallcase
The equity-linked savings scheme (ELSS) were the best performers among all the categories as 70 per cent of the schemes managed to outperform the S&P BSE 200, the study shows
The first Rs 500 crore in AUM was added in over three months and the increase from Rs 500 crore to Rs 1,000 crore took just 40 days