Fund house is planning to file a few more schemes with the regulator and will launch them as and when it starts getting Sebi clearance
Investors pour Rs 22,583 cr in equity schemes even as markets hit new highs
Tribunal says balance will not be collected till pendency of appeal
Have pumped in over Rs 10,500 cr this month-the most since in 16 months
The framework covers aspects such as roles and responsibilities of trustees, the board, management and even key personnel of asset management companies.
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
After ICICI Pru MF's record-breaking NFO, multiple funds look to follow suit with offers
HDFC AMC Chairman Deepak Parekh said India's mutual fund industry has the potential to grow exponentially as the country's MF penetration levels remain considerably low compared to large economies.
After remaining largely inactive in May, equity fund managers pumped in Rs 6,437 crore into domestic stocks
Navi MF's move to launch Nifty 50-based index fund at 0.06% had stoked fears of price war
"Currently, there are no signs which indicate that we are moving into a crisis or a bear market," said Chandan
At present, they have to follow the only the risk-o-meter labelling system
Most funds in FoF space chasing unique themes
Experts hope that the healthy growth in folios would continue in the ongoing fiscal also
The large liquidity sloshing around and the listing gains of past IPOs are the key reasons for the IPO market doing well
The move is aimed at encouraging fund houses to diligently exercise their voting rights in best interest of the unit holders
While they hold no more than 5% of GOI debt stock jointly, their buying and selling stood out in 2020, when Centre and state govts expanded their market borrowing plans
Tips on figuring out which document needs to go straight into the dustbin and which needs to be kept, just in case
It is also debating whether certain indices should be designated as 'significant' or 'systematically important'
The timings were revised during the lockdown due to the coronavirus pandemic