Investment Advice

Sebi permits IAs to offer paid second opinion to client on assets

The move is aimed at making business easier for IAs and giving investors more flexibility to seek professional opinions

Remove friction in fee payment for advice to improve access to guidance

In the portfolio management services (PMS) space, most clients prefer paying fund managers directly from the invested corpus, as it lets them track returns from a single pool

Where is Gautam Sinha Roy of ICICI Pru Life Insurance investing now?

As a strategy, we prefer domestic-focused sectors like BFSI, Consumption, Industrials, Healthcare, and Telecom, says Gautam Sinha Roy, equity & fund manager at ICICI Prudential Life Insurance.

Sebi circular on frauds: Verify registration before taking investment tips

Anyone claiming to be a Sebi-registered investment advisor or research analyst must provide a valid registration number

Sebi allows advisers, analysts to charge advance fees for up to a year

Capital markets regulator Sebi on Wednesday allowed investment advisers and research analysts to charge advance fees for up to one year. Under the existing rules, investment advisers (IAs) can charge fees in advance for up to two quarters if agreed upon by the client, while for research analysts (RAs), it was only for a quarter. "If agreed by the client, IAs and RAs may charge fees in advance, however, such advance shall not exceed fees for a period of one year," the Securities and Exchange Board of India (Sebi) said in its circular. The fee-related provisions such as fee limit, modes of payment of fees, refund of fees, advance fee, and breakage fees will only be applicable in the case of their individual and Hindu Undivided Family (HUF) clients (provided these clients are not accredited investors). These provisions will not be applicable in the case of non-individual clients, accredited investors, and in case of institutional investors seeking the recommendation of a proxy ...

ICRA ESG Ratings gives its first rating to InCred Financial Services

ICRA ESG Ratings Limited has assigned its first Environmental, Social, and Governance (ESG) rating to InCred Financial Services, a non-banking financial company. ICRA ESG received registration as a Category-I ESG Rating Provider (ERP) from the Securities and Exchange Board of India (SEBI) earlier this fiscal. ICRA ESG was formerly known as Pragati Development Consulting Services Limited (PDCSL). "InCred Financial Services Limited, a Non-Banking Financial Company (NBFC) focused on personal loans, student loans, and business loans, has been assigned a rating of [ICRA ESG] Impact 57, Moderate," said ICRA ESG Ratings Limited (ICRA ESG), a wholly-owned subsidiary of ICRA, in a release. It further said the ICRA ESG-assigned ratings help investors assess the non-financial risks and opportunities associated with entities and facilitate making better investment decisions, paving the way for a more sustainable and responsible investment landscape. These ratings also help the rated entity gai

Sebi removed 15,000 sites with unauthorised advice in three months

Speaking at the Global Fintech Fest, he said there was successful engagement with the technology providers who are complying with the regulator's request

Quest Investment Advisors plans to raise Rs 700 crore, launches AIF

Quest Investment Advisors on Monday announced the launch of its Rs 700 crore new open-ended Category III Alternative Investment Fund (AIF). The Quest Smart Alpha Sector Rotation Series II follows the success of their previous AIF, the Quest Smart Alpha - Sector Rotation, which raised approximately Rs 500 crore since its inception in May 2022, Quest Investment said in a statement. Speaking on the launch of the new fund, Rajkumar Singhal, CEO, Quest Investment said, For over 17 years, our endeavour has always been to provide differentiated ideas to our investors which capture the evolving listed equity market.

Finfluencers feel the heat as market regulator Sebi crackdown looms

Regulator sends warning letters to 20 unauthorised investment advisors in two months

One in three Indian investment advisors are not registered, says Sebi

The comments from Buch, the first woman to head India's markets regulator, come as the south Asian country continues to see an unprecedented retail investing boom

Person giving advice to overseas clients exempted from registration: Sebi

Any person who provides investment advice to clients exclusively based out of India is exempted from seeking registration under the rules governing investment advisor (IA), capital markets regulator Sebi has said. However, if the person gives investment advice to Non-Resident Indians (NRIs) and Person of Indian Origin (PIOs) then he or she will fall under the purview of IA rules and need to obtain a registration certificate, Sebi said in the list of frequently asked questions on investment advisers uploaded on its website on Tuesday. Further, Sebi said that registered investment advisers can give investment advisory services to foreign portfolio investors (FPIs). An investment adviser gives investment advice relating to buying selling or dealing in securities such as shares, debentures, bonds, derivatives, securitised instruments, units of AIF (alternative investment fund), REIT (real estate investment trust) and InvIT (infrastructure investment trust). While dealing in distributio

Fine-tuning needed

Guidelines for investment advisers should be clear

Listen to the expert: Why a professional investment advisor matters

A Sebi-registered investment advisor is qualified to help you manage your finances

When emotions overrule neatly laid financial plans

Several such experiences have taught me to probe more and work closely with clients to find out their real motivations, desires, and fears

When to buy or sell: World's richest man Elon Musk shares investment advice

Elon Musk, who is the richest man in the world, on Sunday shared some investment advice on when to buy and sell stocks.

Singapore's Broad Peak, partner to invest $300 mn in Indian stressed assets

Broad Peak, in association with fund Brescon & Allied Partners, will seek turnaround opportunities, debt resolution.

Sebi warns investment advisers dealing in digital gold

Earlier, stock exchanges had directed stock brokers to discontinue the sale of digital gold on their platforms by September 10

Choosing the right financial planner is a wise investment, say experts

Discussing scope of work will enable the registered investment advisor to decide the right fee

Investment advisers can't manage funds, securities on clients' behalf: Sebi

Investment advisers cannot manage funds as well as securities on behalf of their clients and should not contemplate about asking power of attorney in this regard, markets regulator Sebi has said

Investment advisers cannot charge implementation fee for advisory: Sebi

Investment advisers can offer execution services for their advisory clients but without charging any commission or fees: Sebi