Page 45 - Mutual Funds

Last-minute dash for debt mutual funds before tax advantage vanishes

Target maturity funds, longer-duration schemes see high demand

Go green to women only: Mutual funds set to differentiate in FY24

HDFC MF, Motilal Oswal and Samco among fund houses offering new plans

From insurance policies to MFs, here are the new tax rules from April 1

What changes: Tax on proceeds from high-value insurance policies, higher tax on debt MFs and more

From going green to women only: Mutual funds to differentiate in FY24

In FY24, asset management companies (AMCs) are set to try out new schemes to attract investor

TMS Ep401: Income tax, brand India, mutual funds, UPI payments

How will new income tax rules affect you from April 1? How can India create a global brand? Where will MFs invest when markets bottom out? Will your UPI payments not be free anymore? Answers here

Sebi considers bringing in new expense structure for mutual funds

Plans to link expense ratio to AMC's total AUM in an asset class

International MF schemes get extra time to declare net asset values: Sebi

Funds can disclose NAV by 10 am the next day from July

Markets regulator Sebi unveils key reforms to protect investors

Board approves ASBA-like facility for secondary market, sponsor-less AMCs

View of SIP registrations anything but rose-tinted; closures rise in FY23

Experts cite poor near-term returns, fall in investable income

Sebi to put in place framework to prevent frauds by stock brokers

To strengthen corporate governance norms, Sebi decided to end the practice of individuals having permanent seats on boards of listed companies

Deadline for nomination for MF, demat accounts extended till Sept 30

Stock brokers, AMCs directed to send regular communications to investors yet to comply

MFs open international funds for investments ahead of new tax rules

Franklin Templeton, Mirae Asset, Edelweiss mutual funds resume international schemes

10% of folios yet to comply as March 31 deadline for MF nomination looms

As of end-February, total MF accounts was 144 million

Declare nominee by March 31 or risk having your demat, MF folio frozen

Appointing a nominee is vital as it protects the family of a person who has passed away from a lot of hassles

Indian banks to gain $36 bn in deposits as mutual funds get taxed

The move comes as a respite for the financiers as the widening gap between credit off-take and deposits has sparked risks of asset-liability mismatches and pushed up funding costs

A tenth of MF folios yet to comply with nomination rules ahead of March 31

As of end-February, total MF accounts was 144 million

Persist with your SIPs to accumulate fund units at reduced costs

Pain in equities is expected to continue in the short-term, but investors with longer horizon must stay the course

Mutual fund investors get time till March 31 to nominate beneficiary

Existing mutual fund investors have time till March 31 to nominate a beneficiary or opt out of it by submitting a declaration form, failing which their folios will be frozen, and they will not be able to redeem investment. The Securities and Exchange Board of India (Sebi), in its circular on June 15, 2022, made it mandatory for mutual fund subscribers to submit the nomination details or declaration to opt out of the nomination on or after August 1, 2022. Later, the deadline was extended to October 1, 2022. The deadline for all the existing mutual fund folios, including jointly-held ones, was set as March 31, 2023, failing which the folios will be frozen for debits. Explaining the rationale behind the Sebi's move, Anand Rathi Wealth Ltd COO Niranjan Babu Ramayanam said that many investment accounts in the past have been opened without nominating anyone to whom the assets should be transmitted in case something happens to the account holders. This means that the rightful heirs had ..

Removal of LTCG tax benefits on debt MFs pushes corporate bond yields

Following govt's latest move, tax would be computed on based the investor's tax bracket; levy could be as high as 30%; Centre's step puts the tax for MF units at parity with that for bank FD

Proposed tax rejig may trigger outflow from debt MFs into equity: Analysts

The proposed amendment will also affect gold funds and international funds, analysts said, who believe that bank FDs will become more attractive