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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…
SEBI’s new norms for REITs
The future of real estate will be characterised by an increase in smaller investments. Even before the pandemic, new and smaller retail investors were looking for affordable options in the…
Zomato IPO Opens Next Week
The much-awaited IPO of online food delivery and restaurant discovery platform Zomato is knocking the doors for delivery of its initial public offering (IPO) on Dalal Street as it is set to…
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…
7th Pay Commission
Over one crore central government employees and pensioners are impatiently waiting for the restoration of dearness allowance (DA) and dearness relief (DR) under the 7th Pay Commission. While the Indian…
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…