mutual fund companies

MF Industry’s Newest Player-Bajaj Finserv Launches India’s 43rd AMC with 16,000 MFDs

Business, Mutual Funds, News and Updates / By My Finopedia / June 7, 2023 June 7, 2023

With India’s first Pune-headquartered fund house, Bajaj Finserv AMC is launched with a premier network distribution over 16,000 partners on June 6. As per CEO of Bajaj Finserv MF, Ganesh Mohan, “We are committed to being a full-stack financial solutions provider to meet India’s growing needs and building deeper, long term relations with customers who …

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SEBI to Include All Mutual Fund Taxes and Expenses in TER

Finance and Economy, Mutual Funds / By My Finopedia / April 13, 2023 April 13, 2023

Recently, the Securities and Exchange Board of India (SEBI) has announced that it will incorporate all expenses and taxes within the total expense ratio or TER charged by mutual fund companies. The move is aimed to bring more transparency to the mutual fund industry, and ensure that investors are out of any additional fees on …

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Foreign Institutional Investor (FII): Meaning, Types and Benefits

FII, Finance and Economy, Investing / By My Finopedia / May 31, 2022 May 31, 2022

A Foreign institutional investor (FII) is an investor or a type of investment fund making an investment in a country outside of the place only where it is registered or established. The term foreign institutional investor might be most used in India, wherein it refers to outside entities investing in the kingdom’s monetary markets. Several nations …

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