Markets regulator Sebi on Wednesday proposed easing executive remuneration disclosure requirements for asset management companies (AMCs) by replacing individual name-wise disclosures with consolidated disclosures, citing industry concerns over privacy and competitive disadvantages. "This would provide a holistic and structured view of senior management compensation, enabling unitholders to assess the overall quantum of remuneration at the senior management level, while aligning the level of disclosure with considerations of materiality and proportionality," Sebi said in its consultation paper. Currently, mutual fund AMCs are required to disclose on their websites the remuneration of chief executive officers (CEOs), chief investment officers (CIOs), chief operating officers (COOs), the top 10 highest-paid employees, and all employees earning at least Rs 1.02 crore annually or Rs 8.5 lakh per month if employed for part of the year. Sebinoted that while listed AMCs are already subject
Curb on number of smart-beta schemes also likely; move aimed at curbing proliferation in segment
To understand the actual gains, it is important to make these calculations beforehand. This not only gives you a realistic picture of what to expect but also helps you prepare for tax filing.
RBI and government measures to attract foreign capital have improved sentiment in the bond market, but most fund managers continue to favour shorter-duration papers
Market regulator is examining broker capital requirements, IPO auction mechanisms, mutual fund liquidity rules and corporate bond market reforms to improve efficiency
Can a small SIP really help you build crores over time? In this video, we explain the 8-4-3 rule of compounding and how disciplined investing in mutual funds can accelerate wealth creation.
A new category inside India’s mutual fund industry is growing at lightning speed. In just seven months, Specialised Investment Funds, or SIFs
AlphaGrep Investment Management is set to enter the mutual fund industry with the launch of its first scheme next month and is targeting assets under management (AUM) of Rs 25,000-30,000 crore over the next three to five years, a top company official said. The move comes after the company received approval from the Securities and Exchange Board of India (Sebi) to commence mutual fund operations. The company's maiden new fund offer (NFO) -- a multi-asset allocation fund -- will open for subscription on July 6 and close on July 20. The scheme will invest in equity and equity-related instruments, debt and money market instruments, as well as gold, silver and other permitted commodity exchange-traded funds (ETFs). "We are targeting an AUM of Rs 25,000-30,000 crore in the next three to five years," AlphaGrep Investment Management Chief Executive Officer Bhautik Ambani told PTI. He said the asset management company will focus on quantitative equity and hybrid strategies driven by advance
Check the track record of the factor combination, tracking error and expense ratio before investing
Mutual funds ramped up equity purchases in May, deploying fresh inflows and capitalising on a market pullback after a cautious April
Earning from stocks depends on discipline and how effectively you give your time and knowledge
Step up savings rate, build equity-heavy portfolio, and automate investments
Guide to mutual funds for beginners covering SIPs, fund types, risk, costs, NAV, asset allocation and tips on choosing schemes for long-term financial goals
The performance of these funds will hinge on a strong earnings recovery
Direct plan SIPs from B-30 shrink by 350K in March-April
Penetration slowing as equities turn volatile, gold rally loses steam
In April alone, they snapped up shares worth ₹19,664 cr, recording their biggest buy since Oct '24
ICICI Prudential's iSIF leads in folios; Edelweiss' Altiva SIF tops in AUM
CBDT has asked banks, mutual funds and other reporting entities to ensure timely and error-free filing of Statements of Financial Transactions
Instead of borrowing to the hilt, maintain a buffer to avoid margin calls during spells of market volatility