Some banking and finance sector funds are actively managed. Among passive schemes, some track Nifty Bank Index, Nifty PSU Bank Index and Nifty Private Bank Index.

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.

The industry saw 40% decline in NFO inflows largely due to discontinuation of NFOs during the first three months of the FY 2023.

When it comes to developed markets, the Ukraine-Russia crisis, geopolitical issues and currency risks can bite into returns, apart from debt taxation

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

Under the current regulatory requirements, mutual funds are permitted to launch only one scheme with ESG investing under the thematic category for equity schemes.

Amid a steady rise in the stock markets, inflows into small-cap mutual funds were at a record high in June. Net investments into small-cap equity schemes stood at a record high of ?5,472 crore inflows month-on-month (MoM) in June 2023, according to the Association of Mutual Funds in India (AMFI). For the third straight month, the inflows into smallcap funds have been the highest.

The sebi ED said the regulator generally focuses on pushing the industry to pass on the benefits of changes like technology to the MF (Mutual Fund) investors, which may not be welcomed in certain quarters in the industry.

Capital markets regulator Sebi has allowed mutual funds to introduce five new categories under ESG (environmental, social, and governance) scheme. The five new categories are - exclusions, integration, best-in-class and positive screening, impact investing, and sustainable objectives.

The Association of Mutual Funds in India (AMFI) has asked all fund houses to suspend flows into schemes that invest in foreign securities beginning Feb 2 following a nudge from the Securities and Exchange Board of India (SEBI). This comes as the industry is on the verge of breaching existing overseas investment limits.

n an out-of-turn press conference aimed at giving a performance report on some of the market regulator's internal machinations, SEBI chief Madhabi Puri Buch said faster clearances and better implementation are SEBI’s path forward with an aim to aid in India's capital formation.

Bajaj Finserv Flexi Cap Fund, Kotak Nifty Financial Services Ex-Bank Index Fund, and Mirae Asset Nifty 1D Rate Liquid ETF are open for subscription.