Stock Market Today: At 6:50 AM, GIFT Nifty Futures were down 148 points at 22,536, hinting at a gap-down start
India's economy is growing, but seizing its full potential means spurring corporate investment, tackling judicial delays and ensuring inclusive growth, said panelists on the first day of BS Manthan
Sebi on Wednesday introduced a new digital platform, MITRA, to assist investors in tracking and reclaiming inactive or unclaimed mutual fund folios. The objective of the platform, Mutual Fund Investment Tracing and Retrieval Assistant, is to encourage investors to search for forgotten MF investments and update KYC as per the current norms. In a circular, Sebi said the platform addresses a growing concern wherein investors, over time, lose track of their mutual fund investments lack of updated contact information, or unawareness of investments made in their name. Such inactive folios may become susceptible to fraudulent redemptions, it added. "In order to address the concerns, MITRA platform is developed by the RTAs to provide investors with a searchable database of inactive and unclaimed mutual fund folios at an industry-level which will empower the investors," the regulator said. According to the circular, MITRA will allow investors to identify the overlooked investments or any
Kotak BSE Sensex Index Fund NFO; here is all you need to know about this open-ended scheme that follows a passive investment strategy replicating or tracking the BSE Sensex Index
Inflows into equity mutual funds rose to Rs 41,156 crore ($4.8 billion) last month compared to Rs 35,943 crore in November 2024
Say new system disrupts their ability to execute large deals
Mkt players aim to stoke flames of direct listing in financial hub
Retail flows from Japan to India turn negative on a four-week basis
The top 30 cities with the highest MF investments are referred to as T-30, while the rest of the country falls under the B-30 classification
Tidal shift: Anchoring strong in choppy seas, BAFs draw Rs 2,456 crore amid equity ebb
Open to joint venture or inorganic acquisition of mutual fund unit
Both largecap, flexicap funds saw all-time-high inflows last month
The previous high of Rs 40,608 crore was recorded in June 2024
The AUM has doubled in the past three years and is currently around Rs 67 trillion
Previously, record high DII flows for a calendar year were in 2022 when they had pumped in Rs 2.8 trillion, of which Rs 1.86 trillion came from MFs
New applications serve as launchpad for diversifying business and expanding capital market reach
In a show of strength, DIIs have made their three largest single-day purchases in October, injecting liquidity into the market amidst FPIs' exodus
Board meeting on Sep 30, first since conflict of interest allegations against chairperson
The returns may be similar, but there is nothing better than bank FDs when it comes to safety - the principal is safe, at least in scheduled commercial banks, given how Indian banks are regulated
In the past three years, the fund has maintained a predominant allocation to non-convertible debentures (NCDs) and bonds of financial institutions