The Securities and Exchange Board of India (SEBI) recently issued a directive that has significant implications for the mutual fund industry. According to the new regulations, asset management companies (AMCs) are no longer allowed to charge lower investment and advisory fees in direct plans compared to regular plans. This move aims to create a level …
Recently, SEBI has taken a significant decision towards ensuring investor protection and maintaining the integrity of the mutual fund industry. In a bid to curb misconduct and mis-selling practices, SEBI has issued a consultation paper proposing strict accountability measures for Asset Management Company (AMC) CEO’s and senior officials. The regulatory body aims to enhance transparency, …
After being under pressure for almost 1 year due to global recession, the investment in tech funds has been under a vast impairment. The tech stocks has told to see a downside over 23.04% last year. The global geopolitical tensions, flatulent valuations, high growth of interest rates are some of the core reasons behind this. …
Is It Good Time to Invest in Technologies Funds? Read More »
Recently in a press meeting, the RBI ( Reserve Bank of India) Governor Shaktikanta Das explained about withdrawing RS. 2000 notes from currency. “The decision to withdraw these currency notes was taken as there were enough notes of other denominations now. We have more than adequate quantity of printed notes available in the system” – …
RBI Governor Shaktikanta Das Reacts to the Withdrawal of ₹2,000 Notes Read More »
The Securities and Exchange board of India (SEBI) has recently released a set of groundbreaking proposals aimed at revolutionizing the mutual fund industry. These proposals have the potential to reshape the landscape of the industry and improve investor outcomes. Let’s delve into the key points of these proposals and their potential impact. SEBI suggests incorporating …
SEBI Launches Game Changing Proposals for Massive Overhaul of Mutual Fund Industry Read More »
In an overnight move, the Reserve Bank of India (RBI) has announced the withdrawal of the ₹2000 rupees notes from circulation. But, it is also significant to know that these banknotes will continue to hold status as legal tender. Let’s dive into the details of this decision and its implications for the public. The RBI’s …
As of July 1, 2023, the RBI is going to introduce new regulations for international credit card transactions and foreign travel expenses. In an effort to regulate foreign remittances and promote financial stability, the Reserve Bank of India (RBI) has recently made the decision that will impact international credit card holders and the foreign travelers. …
One of the popular kinds of short-term financing is the BNPL (Buy Now, Pay Later) financing. It makes users eligible to repay the loan after having purchased an asset within a stipulated period of time. The payment usually comes with no interest. Also known as, Point of Sale (POS) finances or installments, it is equitably …
Mutual Fund assets under management (AUM) increased to Rs. 41.50 lakh crore in April 2023, from Rs. 40.62 lakh crore in March, 2023. The growth in AUM was driven by a strong inflow of RS. 1.50 lakh crore in April, 2023. This was the highest monthly inflow in the last six months. The equity segment …
Mutual Fund Assets Cross RS. 41.50 Lakh Crore in April Read More »
Investing in the stock market has become increasingly significant in recent years, attracting a growing number of individuals to grow their wealth and secure their financial future. But, it is crucial to know that the percentage of the Indian population investing in stock markets has become comparatively low within the year. Recent statistics show that …
Indians Lack Confide in Stock Market Investment in 2023 Read More »
