August 04, 2021 07:49 PM IST
At present, mutual funds maintain current accounts in multiple banks including in banks having presence beyond the top 30 cities (B-30 cities), for receiving subscription amount and for payment of redemption proceeds, dividend brokerage and commission.
- August 02, 2021 09:32 AM IST
As per a recent government requirement, PF remittance will be permitted only for those employees whose UAN and Aadhaar number are seeded and verified
- July 30, 2021 07:00 PM IST
SEBI also announced that, from December 1, 2021, unclaimed redemption and dividend amounts would be permitted for investment in a separate plan of only overnight scheme.
- July 27, 2021 05:00 PM IST
Moneycontrol’s Jash Kriplani talks with Joydeep Sen, corporate trainer-debt markets, on possible implications of SEBI’s new proposal
- July 26, 2021 08:40 PM IST
As India continues on its growth journey, the fund house aspires to be a wealth creator for every Indian, with an audacious vision to be the most respected asset manager in the world, Munot added.
- July 26, 2021 09:22 AM IST
The minimum application in IDFC NFO is Rs. 5,000 with a minimum systematic investment plan (SIP)starting from Rs 1,000.
- July 21, 2021 11:00 AM IST
A well-laid out estate planning framework can be an antidote to parents’ pandemic concerns. Tune into the podcast to know more
- July 19, 2021 08:41 PM IST
Swing pricing should be made applicable to all unitholders with an exemption for redemptions up to Rs 2 lakh for all unitholders and up to Rs 5 lakh for senior citizens at a mutual fund level.
- July 19, 2021 12:50 PM IST
The industry’s growth has been breathtaking, but always accompanied by a fear it will somehow wreck markets
- July 16, 2021 05:22 PM IST
Investors should consider checking the personalised return on schemes to assess portfolio performance & ditch the point-to-point returns. Sumaira Abidi explains why XIRR matters.
- July 15, 2021 09:13 AM IST
The MD & CEO of Aditya Birla Sun Life Mutual Fund talks about introduction of demat accounts, commercial papers in debt markets and strengthening of regulatory mechanisms
- July 13, 2021 04:00 PM IST
Moneycontrol’s ongoing series of 30 years of Indian economic reforms talks to various market experts and leading individuals to take us through the journey of how India’s business and economics changed. In this podcast, Nilesh Shah shares his stories
- July 09, 2021 05:29 PM IST
Balanced advantage funds, also known as dynamic asset allocation funds, saw a continuous uptick in their monthly inflows, which rose from Rs 1,362 crore in May to Rs 2,056 crore in June 2021.
- July 09, 2021 12:12 PM IST
Regular investing in MF schemes reached a new milestone, with SIP accounts crossing 4 crore and SIP AUM reaching an all-time high of Rs 483,964 crore
- July 08, 2021 02:52 PM IST
Net inflow for the MF industry stood at Rs 15,320 crore in June, vs outflow of Rs 38,602 crore in May.
- July 07, 2021 12:47 PM IST
Investors in the US appear to support passively managed funds. In India it appears that the underperformance of actively managed funds against passively managed funds has not caught the attention of investors
- July 06, 2021 08:27 PM IST
With 7 index funds, 3 ETFs, and 3 Funds-of-funds launched, mobilizing a total of Rs 2,278 crore rupees, the passive investment segment far outshined the number of income schemes (5) and growth-oriented mutual fund schemes (3) between January-March 2021.
- July 06, 2021 04:00 PM IST
Moneycontrol’s Jash Kriplani talks with Nisreen Mamaji, founder, MoneyWorks Financial Services, on what investors can do to beat rising inflation
- July 02, 2021 05:37 PM IST
SBI MF recently launched an Exchange Traded Fund tracking the Nifty India Consumption Index. The New Fund Offer runs from June 30 to July 14.
- June 28, 2021 11:45 AM IST
The tribunal stayed the Securities and Exchange (SEBI) order restraining Franklin Templeton from launching a new debt scheme.
- June 25, 2021 06:18 PM IST
The fund house had challenged the market regulator’s directives following the closure of six debt funds last year.
- June 24, 2021 07:30 PM IST
Simply put, ULIPs offer a combination of investment and insurance. So, along with a cover, the policyholder also gets the choice to invest in equity or debt instruments, depending on their risk appetite.
- June 22, 2021 08:36 PM IST
Investor confidence in the SIP way of investment is growing by leaps and bounds, given that the AUM (Asset under management) jumped to an all-time high of Rs 4.67 lakh crore as of May 31, data from AMFI (Association of Mutual Funds of India) showed.
- June 18, 2021 10:27 PM IST
Association of Mutual Funds of India's recent data is a testament to the rising investor confidence in flexi-cap funds since the start of this year.
- June 18, 2021 09:57 PM IST
The value of the notional principal in such cases must not exceed the value of respective existing assets being hedged by the scheme.