Despite market volatility, retail investors in India demonstrated increased maturity by investing a record-breaking amount of Rs 14,276 crore in mutual fund schemes through the systematic investment plan (SIP) route in March. […]
NFO opens on April 10 and closes on April 24. ICICI Prudential Mutual Fund has introduced the ICICI Prudential Innovation Fund, an open-ended equity scheme that will focus mainly on investing in […]
The Securities and Exchange Board of India (SEBI), the capital markets regulator, has announced a new time limit for mutual fund schemes to disclose their net asset values (NAV) for schemes investing […]
Nomination for Mutual Fund Unit Holders extended till 30th Sept 2023 Download Circular from this link
The government has made changes to the KYC norms by revising the definition of Politically Exposed Persons (PEPs) in a partial modification. The Ministry of Finance has broadened the scope of the […]
The Securities and Exchange Board of India (SEBI) has extended the deadline for making nominations or opting out of a nomination for trading and demat account holders from March 31, 2023 to […]
According to a recent circular issued by the Securities and Exchange Board of India (Sebi), e-wallets utilized for investing in mutual funds must adhere to the KYC guidelines set by the Reserve […]
India’s Finance Minister Nirmala Sitharaman has eliminated the tax advantage that debt mutual funds have over bank fixed deposits (FDs) starting next financial year. This change in the Finance Bill 2023 has […]
Starting next month, mutual funds will deposit the redemption amount from equity schemes in investors’ bank accounts within three days of the transaction. The Association of Mutual Funds in India (Amfi) announced on Friday that the […]
Investing in mutual funds through the systematic investment plan (SIP) mode can be a smart and easy way to grow your money over time. Here’s why: First, SIP allows you to invest […]
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