The proposed net settlement will apply only at the level of an individual mutual fund scheme. (AI generated image/Gemini) The Securities and Exchange Board of India has proposed allowing mutual fund schemes to settle funds on a net basis for certain cash-market transactions, while continuing to settle securities on a gross basis. SEBI issued a…
Rs 25,000 monthly SIP at 27: Investing in mutual funds through a systematic investment plan (SIP) has become a common practice lately. It is likely that whoever is reading this article currently may have a mutual fund portfolio but lacks guidance on which mutual fund scheme they should invest in to move towards their target,…
A dynamic journalist with a Master’s degree in Mass Communication, I bring over two years of professional experience in the field of digital media. My expertise lies in content creation, editing, research, keyword optimization, video storytelling, and voiceovers. With these skills, I have developed a strong ability to craft content that is not only informative…
Madhu Nair. (Image: ET Now) Baroda BNP Paribas Mutual Fund in August announced the appointment of its new CEO Madhu Nair. He has nearly 3 decades of experience in the financial services and mutual fund industry and has been associated with Union Mutual Fund, HSBC Asset Management, Invesco and Kotak Mutual Fund. ET Now’s Rakshita…
A dynamic journalist with a Master’s degree in Mass Communication, I bring over two years of professional experience in the field of digital media. My expertise lies in content creation, editing, research, keyword optimization, video storytelling, and voiceovers. With these skills, I have developed a strong ability to craft content that is not only informative…
On August 17, JioBlackRock Asset Management, the 50:50 joint venture between Jio Financial Services and BlackRock, has launched Regular Plans across its eligible mutual fund schemes, giving investors another route to access the fund house’s investment offerings. Source link
The Association of Mutual Funds in India (AMFI) on Friday (August 28) announced the re-appointment of Sundeep Sikka, Managing Director & CEO of Nippon Life India Asset Management Ltd., as Chairman and Vishal Kapoor, CEO of Bandhan AMC, as Vice Chairman. AMFI said that the leadership team was unanimously re-elected by the Board of Directors…
A dynamic journalist with a Master’s degree in Mass Communication, I bring over two years of professional experience in the field of digital media. My expertise lies in content creation, editing, research, keyword optimization, video storytelling, and voiceovers. With these skills, I have developed a strong ability to craft content that is not only informative…
Mutual Fund SIP: In an exclusive interview with ET Now, Stockify founder Abhijit Chokshi said that building a corpus of Rs 15 crore in 17 years with a monthly SIP of Rs 1 lakh is possible by increasing the SIP amount annually, rather than keeping it constant. Chokshi recently addressed a query from a 43-year-old…
A dynamic journalist with a Master’s degree in Mass Communication, I bring over two years of professional experience in the field of digital media. My expertise lies in content creation, editing, research, keyword optimization, video storytelling, and voiceovers. With these skills, I have developed a strong ability to craft content that is not only informative…
