Sebi asks mutual funds to stop fresh subscriptions in overseas ETFs from April
As the $1 billion investment limit is about to get breached, markets regulator Sebi has told asset management companies (AMCs)
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April 2024
As $1b limit nears, MFs told to suspend overseas ETF inflows
India’s capital markets regulator has ordered local mutual fund managers to stop accepting money in plans that invest in overseas
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ICICI Prudential Commodities Fund to invest in Silver ETFs
ICICI Prudential Mutual Fund has changed the fundamental attribute of ICICI Prudential Commodities Fund. The scheme may also invest in
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Nippon smallcap mutual fund revises exit load and limits subscription
Nippon India Mutual Fund has decided to revise the exit load and limit subscriptions in Nippon India Small Cap Fund.
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Aditya Birla Sun Life Mutual Fund introduces daily SIP facility in 30 schemes
Aditya Birla Sun Life Mutual Fund has introduced daily frequency under SIP facility in 30 mutual fund schemes. The fund
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Mutual fund stress test spooking market, no scientific basis: Former Sebi official
Sebi-enforced stress tests of various smallcap and mutual fund schemes are unnecessarily spooking the market as there is no scientific
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Madhu Nair named CEO of Union Mutual Fund
Union Mutual Fund has appointed Madhu Nair as the chief executive officer of the asset manager. Nair will succeed G
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SC solves stamp duty puzzle in arbitration
In a recent seven Judge Bench decision, the Supreme Court crystallised the legal position pertaining to a pressing issue which
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Depositors can claim unclaimed amount refund from DEA Fund
Customers or depositors can claim a refund of their unclaimed amounts from their banks. After paying the depositor with interest,
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HC: Can’t act against govt official for private WA message
Madhya Pradesh HC has held that disciplinary action cannot be taken against an employee for uploading posts in a private
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