Nifty faces key support at 24,150-24,100 and resistance at 24,550-24,600 as markets eye earnings, IPO activity and the rollout of the new closing auction
Asset managers say lower investor fees under the revised expense ratio regime were offset by commission recalibration, helping preserve margins in the June quarter
Nine entities are awaiting Sebi approval to launch mutual funds as strong retail participation, rising assets and low penetration continue to attract new entrants
Sensex lost 715 points and the Nifty slipped below 24,000 as rising crude prices, tariff concerns and geopolitical tensions triggered broad-based selling
Improved trading volumes and a recovery in small-cap stocks have reduced liquidity stress in small-cap mutual fund schemes to the lowest level since March 2024
Bandhan AMC CIO Manish Gunwani says India's macro fundamentals remain strong, with financials, insurance and real estate best placed to drive FY27 earnings growth
The revised SOP allows AMCs greater flexibility in handling address, name and signature mismatches to ease transmission of mutual fund units after an investor's death
NISM has introduced a combined certification examination for mutual fund and Specialised Investment Fund distributors, simplifying the qualification process
Mutual funds are gearing up to launch REIT-focused schemes after regulations allowing REITs in equity indices took effect, with Edelweiss MF likely to be the first mover