Mutual funds schemes mergers: Should investors exit or not; the truth explained. You invest in a fund when you agree with the investment mandate, ... The context of significant change in a fund, which is referred to as 'change of fundamental attribute.
The Sebi -appointed committee also discussed aligning mutual fund regulations with the Companies Act with regard to the appointment of directors, independent directors, trustees and auditors. As per the Companies Act, there has to be a rotation of.
New SEBI rule on MF re-categorisation to help investors, force AMCs to trim portfolio Moneycontrol.com.
NEW DELHI: Markets regulator Sebi has ordered attachment of bank accounts as well as share and mutual fund holdings of defaulter businessman Vijay Mallya-led United Breweries (Holding) Ltd to recover dues totalling Rs 18.5 lakh. The decision has been taken.
As real estate transactions and demand for gold fell post demonetisation along with with prevailing low interest earning on fixed deposits of banks, a direct beneficiary has been the equity markets as investments into mutual funds and initial public.
New Delhi: The Securities and Exchange Board of India (Sebi) has ordered attachment of bank accounts as well as share and mutual fund holdings of defaulter businessman Vijay Mallya-led United Breweries (Holding) Ltd (UBHL) to recover dues totalling Rs18.5.
In a surprise action, the SEBI Special Court has asked the market regulator to issue an advertisement/ proclamation seeking appearance of Ketan Parekh, prime accused in the securities scam of 2000-2001. The advertisement/ .... In August 2015, Amtek.
One of the biggest reasons behind AMC IPOs is that the mutual fund industry knows that progressive, incremental regulation will restrict income growth of the industry and a series of potential measures will alter economics of the industry over the next.
Kaku Nakhate, country head at Bank of America Merrill Lynch; KPMG Chairman and CEO Arun Kumar and HDFC Mutual Fund Managing Director Milind Barve. The Securities and Exchange Board of India ( Sebi ) had constituted this committee in August this .
In August 2015, Amtek Auto defaulted on a Rs800-crore repayment leading to a redemption crisis in a couple of JP Morgan's mutual fund schemes. For the first time, SEBI decided to act tough and served a show-cause notice on the two rating firms involved .
At present, there is no specific provision for such a code under the securities regulations . For mutual funds , some stewardship principles have been adopted, such as on voting and conflict of interest. In March, the Insurance Regulatory and Development .
After the Securities and Exchange Board of India (Sebi) Act was passed in 1992, the SEBI Mutual Fund Regulations came into being in 1996. Since then, the Mutual fund companies have continued to grow exponentially with foreign institutions setting offices.