Capital markets watchdog SEBI today cancelled registration of Deutsche Mutual Fund following the transfer of its schemes to DHFL Pramerica Mutual Fund.
According to BP Singh, now is not the time to sell into the market but one should utilise this opportunity to realign the portfolio.
Industry movements of the fortnight: LIC & HUL
Returns of Equity and Debt Mutual funds continued to surge as respective markets sustained its upward journey.
BP Singh, ED & CIO - Equity, Pramerica MF says, yesterday's rally in our market reflects only a cyclical recovery and long-term uncertainties still continue to exist.