(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 […]
Section 80C limit may be enhanced to 2 Lacs
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 […]
