Markets regulator Sebi on Wednesday extended the deadline for mutual fund account holders till January 1, to nominate a beneficiary or opt out of it by submitting a declaration form, failing which their folios will be frozen. Earlier, the deadline for existing

SEBI issued a circular on Two-factor Authentication (2FA) for Mutual Fund Redemption in March 2022. Users will authenticate themselves using two separate authentication factors in a two-step security procedure known as two-factor authentication, according to the new rule (2FA). Authentication factors can include a username, password, security questions, an OTP, a fingerprint, or a face ID.

In the world of investments, the question of when to start a Systematic Investment Plan (SIP) in the stock market has been a long-standing conundrum. While investors often seek the perfect timing to maximise returns, a recent analysis by WhiteOak Capital AMC reveals insights that challenge conventional wisdom.

The Foundation of Independent Financial Advisor (FIFA) has requested SEBI to extend the timeline to resolve multiple issues related to KYC. In a letter sent to SEBI, the federation has pointed out multiple inefficiencies in the current system that will make it impossible for the industry to fix KYC related issue by September 30, 2023. FIFA said, “FIFA kindly requests SEBI's intervention to address these critical issues urgently. The efficiency and transparency of the Indian financial marke

Indian capital market regulator SEBI (Securities and Exchange Board of India) announced on Monday to move to T+1 settlement cycle for all scrips from 1st October 2023. This means effective from first October 2023, all trades will be settled one day after the date of trade instead of current T+2 settlement cycle. While announcing about moving from T+2 to T+1 settlement cycle, SEBI chairperson Madhabi Puri Buch also made it clear that market regulator is not going to sit idle after moving from T+2

The Systematic Investment Plan (SIP) contributions since the start of financial year 2024 have surpassed the significant milestone of ?1 lakh crore, according to Association of Mutual Funds in India's (AMFI's) data. If we look at October's monthly figures, the contributions reached ?16,928 crore, in contrast to the ?16,420.06 crore reported in September.

The small-cap funds have been making headlines lately with a remarkable surge in investments. According to Association of Mutual Funds in India (AMFI) data, these funds received an inflow of ?4,495 crore in October, a substantial increase from the previous month's ?2,678 crore

Asset management company Groww Mutual Fund has received approval from the market regulator Securities and Exchange Board of India (SEBI) to launch its first index fund. “Groww Mutual Fund got approval for its first NFO - Groww Nifty Total Market Index Fund," posted Groww's cofounder

The Union Minister believes that vital information should move at the same pace as the remainder of the commercial. He requested that the countryNulls largest stock exchange work with asset management firms to work on this issue, and he offered regulatory adjustments to facilitate this.

An analysis of complaint data of top 30 fund houses based on their AUM shows that they have received close to 21,000 complaints in the one-year period ending on SEP 2023. The highest number of complaints i.e. 35% or 7400 complaints were related to data correction. Transaction related grievances like failure of transaction and non updation of KYC records like change in address, bank etc. were the other categories where the industry saw maximum complaints.

Industry body AMFI on Friday said the idea of introducing a new asset class, which lies between mutual fund and portfolio management services (PMS) and have flexible prudential norms, is at a "very nascent stage". "The discussion is at a very nascent stage and will go through the consultative approval process through the regulator," the industry body said in a statement. The statement came after media reports suggested that the Securities market regulator, the Securities and Exchange Board of

The October 2023 mutual fund industry data released by Association of Mutual Funds in India (AMFI) highlighted some key insights. While all equity mutual fund categories witnessed inflows, debt funds saw inflows after two consecutive months. Gold ETFs rose to ?841 crore in October from ?175 crore it received in September.