SEBI has introduced a new category in the MF industry – Flexi Cap funds. Flexi Cap Funds will be in line with erstwhile multi cap funds where fund manager can take equity […]
New Category in MF: Flexi Cap Funds
Restoration of normal cut off timings for Mutual Fund transactions
Pursuant to communication received from SEBI vide its letter dated November 6, 2020, the cut off timing for subscription and redemption for all schemes of the Fund will be restored in accordance […]
Section 80C limit may be enhanced to 2 Lacs
(Source: SEBI Website) SEBI in its Board meeting held on 13th February has approved a Long term policy for Mutual Funds in India and also proposed Tax and Non – Tax incentives […]
Sebi detects new way of duping investors
(TOI: 10/4/2013) Page – 24 Market regulator Sebi, with the help of Delhi Police, on Tuesday got wind of a new way of defrauding investors that the regulator believes could be widespread […]
Now Invest upto Rs 50000 in Mutual Funds without PAN
Investors can now invest up to Rs 50,000 annually in a single mutual fund per year without a permanent account number (PAN). SEBI has decided to exempt the requirement of permanent account […]
Common KYC for all investment products
Financial sector regulators are working towards a common KYC norm for investors across financial instruments – mutual funds, stocks, bonds, bank deposits, insurance and pension plans. While SEBI has already decided to […]
Now get consolidated details of transactions for your Mutual fund investments
Mutual fund investors will now get a monthly consolidated statement of all of their transactions in different fund houses. The mutual fund industry has decided to issue Consolidated Accounts Statement (CAS) on […]
