Regulator puts an end to switching of funds by distributors for higher NFO commissions
The mutual fund investment tracing and retrieval assistant, or MITRA, platform will help trace inactive and unclaimed folios, thereby preventing potential misuse
Most of the MF investments in the three companies (Swiggy, Zomato and NTPC) are likely to have happened in the primary market, with mutual funds being major investors during the IPO anchor allotments
Canara Robeco AMC was established in 1993 and was initially known as Canbank Mutual Fund
Investors can purchase direct plans directly on MF websites and online investment platforms
As per the circular, Enviro Infra Engineers has allotted over 1.31 crore equity shares to 22 funds at Rs 148 apiece, which is also the upper end of the price band
The scheme aims to invest in arbitrage opportunities between spot and futures prices of traded equities and within derivatives. If none are available, the Fund Manager may invest in debt and money mar
Fund plans to invest 95-100% of its assets in fixed-income instruments that mirror the CRISIL-IBX AAA Financial Services - Sep 2027 Index
Last month, fund houses introduced 21 new equity schemes, with another five launches already lined up for November
Equity schemes continue to witness net inflows, driven by SIPs
The market regulator had issued the notification on the inclusion of MF units under PIT in November 2022, but it is being made effective now after consultation with industry bodies and members
Forecasts industry AUM to grow at 18% CAGR between FY24 and FY30
ONDC was conceived to boost e-commerce in India and is now diversifying its services to include financial products
Scheme will follow passive strategy to leverage the top 30 momentum stocks from the Nifty 200 Total Return Index
Diversifying portfolio is essential for economic stability, according to experts
It is crucial to regularly monitor your portfolio, as frequently as possible, to stay on top of its performance
Turnover share in segment under regulator scrutiny also shows signs of increase since 2018-19
HSBC India Export Opportunities Fund has the flexibility to invest in companies that are part of the exports theme across market capitalization - large cap, mid cap and small cap companies
The move is aimed at attracting more investors, especially the youth, by making investment processes and advisory simple, accessible and free of charge