Mumbai: All individual mutual fund unit holders are required to either nominate or opt out of nomination by September 30, 2023. Failure to do so will result in the freezing of their mutual fund folios for debits, reported ET.
Mumbai: Execution-only platforms (EOPs) are now required to register with the regulators and are prohibited from offering regular plans of mutual fund schemes, according to the new regulatory framework introduced by the Securities & Exchange Board of India (SEBI).
Mumbai/IBNS: Invesco Mutual Fund Thursday announced the launch of two Target Maturity Debt Index Funds – Invesco India Nifty G-sec Jul 2027 Index Fund (An open-ended Target Maturity Index Fund tracking Nifty G-sec Jul 2027 Index.
Warren Buffet famously said, “Do not take yearly results too seriously. Instead, focus on four or five- year averages.” And if you’re an aspiring long-term investor, this is your rule of thumb.
Mumbai/IBNS: The SIP contribution in December 2022 increased to Rs 13,573.08 crores from Rs 13,306.49 crores in November 2022, monthly data released by the Association of Mutual Funds in India (AMFI) shows.
Mutual funds are one of the easiest ways for an investor to get their hands on some top-performing securities without the hassle of picking each and every stock or having to constantly monitor them. What allows mutual funds in India to do so is their flexibility and diversification. But this flexibility and diversification don’t end with the number of choices available only. Rather, there are options for you to choose from regarding how you can invest in them too. Direct and regular mutual funds are two options you can choose here. Let’s learn more about them and see which one is better for you.
Mumbai/IBNS: Senior employees and directors of asset management companies (AMCs) and their trustees have been prohibited by the Securities Exchange Board of India (SEBI) from buying or selling mutual fund units when they are in the position to gain access to any non-public information, such as winding up of schemes, media reports said.
Kolkata: Kotak Mahindra Asset Management Company Limited (KMAMC) Thursday announced the launch of ‘Kotak ESG Opportunities Fund’, which will focus on Environmental, Social and Governance (ESG) factors and the Principles for Responsible Investing (PRI).
Kolkata/IBNS: To increase awareness about mutual fund investments and mitigate market volatility risks, especially for the millennials, Kotak Mahindra Asset Management Company (Kotak Mutual Fund) has launched a conversational Voice Bot – Mr. SIP, which aims to address queries related to Systematic Investment Plan (SIPs).
A ULIP plan, or a Unit Linked Insurance Plan, is a newer way for investors to diversify their portfolios today. In a ULIP, investors get to link insurance plans in a structure that acts similar to a mutual fund.
As technologically advanced human beings, it is our natural instinct to strive for easy and reliable options to get our jobs done. Automation and sophisticated software programs have thus become an integral part of our landscape.
New Delhi, Oct 8 (IBNS): When it comes deploying their resources for long term debt products, the mutual funds bet the most on the government securities or the sovereign, an ASSOCHAM analysis has shown.
Kolkata, Feb 7 (IBNS): Speakers at the Financial Summit 2017, recently organised by Kolkata-based Bengal Chamber of Commerce and Industries (BCC&I), emphasised on the need to integrate financial infrastructure and technology to boost capital markets.