The General Insurance Business (Nationalisation) Amendment Bill, 2021, was passed by a voice vote in the din in a matter of minutes, with Finance Minister Nirmala Sitharaman not replying to…
The initial public offering of Aditya Birla Sun Life Asset Management Company is expected to launch in the last week of September, said investment bankers. The country's fourth-largest mutual fund…
SBI Mutual Fund unveiled its Balanced Advantage Fund (BAF) today with a unique withdrawal feature - SWP (Automated) or SWP (A). Under this withdrawal plan, the investor can designate a…
UTI Mutual Fund has launched new Focused Equity Fund Offer which will have a portfolio of 30 stocks across market cap. A focused equity scheme is the latest addition to…
The AUM of the SIP accounts crossed a record Rs 5 lakh crore in July 2021 following a sustained inflow in the capital market, the data from AMFI showed. With…
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…
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)…
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The Union Cabinet on Wednesday approved amendment to the DICGC Act to provide account holders access to up to Rs 5 lakh funds within 90 days of a bank coming…
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