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Sebi revamps rules for multi-cap funds

Mumbai, Sept. 12 -- Multi-cap funds managing assets of Rs 1.46 lakh crore may have to shift about Rs 30,000 crore of their funds to mid- and small-cap stocks in the coming months, with the market regu... Read More


Sebi revamps rules for multi-cap funds

mumbai, Sept. 12 -- Multi-cap funds managing assets of Rs.1.46 lakh crore may have to shift about Rs.30,000 crore of their funds to mid- and small-cap stocks in the coming months, with the market regu... Read More


Sebi revamps structure of multi-cap funds

New Delhi, Sept. 11 -- In a circular released on Friday, the Securities and Exchange Board of India (Sebi) introduced a detailed portfolio structure for multi-cap funds. Such schemes must invest at le... Read More


Possible tech bubble brings to mind lessons of dotcom bust

New Delhi, Sept. 11 -- Apple Inc., the US-listed maker of iPhones, crossed $2 trillion in market capitalization recently. The Nasdaq, an index dominated by US technology stocks, is up 50% over the pas... Read More


Sebi says MFs can side-pocket stressed debt

New Delhi, Sept. 11 -- Fearing a rush of redemption requests from investors in debt mutual funds as companies default on repayments, the markets regulator has allowed asset managers to side-pocket the... Read More


Innovation holds key as MFs see a fresh dip in flows

New Delhi, Sept. 10 -- Equity mutual funds (MFs) posted massive outflows in August, for the second straight month. Inflows from systemic investment plans (SIPs) have declined every month since April. ... Read More


What is the TCS on foreign remittances?

New Delhi, Sept. 9 -- Indian residents can remit up to USD 250,000 under the LRS every year for various purposes such as medical treatment, gifts, maintenance of relatives abroad, foreign education an... Read More


Rupee replaces stable coins in India's crypto market

New Delhi, Sept. 8 -- When the Reserve Bank of India (RBI) banned India's banks from processing payments related to cryptocurrency in April 2018, investors came up with an ingenious solution. A set of... Read More


Banks move towards advisory for HNIs, distribution for retail

New Delhi, Sept. 8 -- A growing demand for advice among India's high net-worth individuals (HNIs) is pushing the country's banks to offer advisory services and platforms. Many large banking groups, in... Read More


SBI launches Children's Benefit Fund, with provision for gold and global equity

New Delhi, Sept. 7 -- SBI Mutual Fund is launching a new fund offer (NFO) SBI Children's Benefit Fund - Investment Option, which will open for subscription on Tuesday. It is a solution-oriented fund, ... Read More