Samco Securities gets SEBI nod for MF business
Online discount broker Samco Securities has received capital markets regulator Sebi's approval to launch its mutual fund business. "We have received final approval from Sebi on July 30, 2021," Samco…
SEBI Plans to increase Liquidity in ETFs
Markets regulator Sebi is examining steps to improve liquidity in the exchange-traded funds segment on stock exchange platforms. Globally, passive funds such as index funds and exchange traded funds (ETFs)…
MF’s to Create Common Transactions Platform
The Securities and Exchange Board of India (Sebi) has asked mutual fund Registrar and Transfer Agents (RTAs) to develop a common industry wide platform for purchase and sale of mutual…
Tata MF Launched Business Cycle Fund
Tata Business Cycle Fund aims to deploy the business cycle approach to identify economic trends and invest in sectors and stocks that are likely to outperform, a release issued by…
Nippon India to Launch Flexi Cap Fund
Nippon Life India Asset Management (NAM India), asset manager of Nippon India Mutual Fund (NIMF) today announced the launch of Nippon India Flexi Cap Fund. It is an open-ended dynamic…
SEBI proposes swing pricing for debt MFs
Sebi on Monday proposed introducing swing pricing mechanism for open ended mutual fund debt schemes as part of efforts to ensure fairness in treatment of investors, especially during times of…
MF assets zoom to Rs.34 lakh crore
Gross SIP inflows in mutual funds has increased in June to reclaim the Rs.9,000 level last seen in March 2021. Mutual funds garnered Rs.9,156 crore through SIP last month compared…
UTI AMC stake
Three state-owned financial-sector entities - State Bank of India, Life Insurance Corporation of India and Bank of Baroda - on Friday moved the Supreme Court against the Securities Appellate Tribunal…
Mutual funds raise exposure to PSU banks
As covid-led uncertainties are gradually receding, mutual fund houses are increasing their exposure to the banking sector, especially in the PSU segment. . An analysis of India’s top 20 domestic mutual…
ICICI Pru MF to launch NFO
ICICI Prudential Mutual Fund has announced the launch of a flexicap fund, an open-ended equity scheme, which aims to provide capital appreciation by investing in equity and equity-related securities across…