Govt announces Interest rate for small savings scheme applicable for the quarterApril 2024-June 2024
The government, on Friday, announced the interest rates for small savings schemes applicable for the quarter April 2024 to June 2024 quarter. All instruments of small savings schemes will continue to offer the same rate of interest as they did in January 2024 –April 2024. The rate of Interest chart for the quarter April 2024…
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NFO in Mutual Funds and their importance
NFO is an acronym for New Fund Offer. An Asset Management Company (AMC) may launch a new Mutual Fund scheme offering subscriptions to the public. Such a new mutual fund offer is known as NFO. The AMC issues NFO shares to raise capital for purchasing securities. As per SEBI regulations, a new fund offering can…
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Management structure and Functions of Mutual Funds
Mutual funds are constituted as Trusts and are governed by the Indian Trusts Act, of 1882. The structure of mutual funds in India includes three tiers: sponsors, trustees, and asset management companies (AMCs). Sponsor: The sponsor acts as a promoter, who brings the initial capital for the mutual funds business akin to that of a…
Read article Meaning of Net Asset Value (NAV) – Expenses Ratio – Load/No-Load Funds in mutual funds
Mutual funds are popular among large sections of retail investors because they offer investors the opportunity to diversify and therefore spread out their risk over several investments. Mutual funds are managed by full-time, professional fund managers who have the expertise, experience, and resources to actively buy, sell, and manage investments. But when we visit any…
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SEBI asks mutual funds to limit small cap, midcap fund inflows: Market got spooked after the curb
India’s market regulator, SEBI, has asked money managers to restrict investments in small- and mid-cap stock mutual funds and reduce commissions. The move aims to curb surging inflows into these funds and address the extraordinary exuberance in small- and mid-cap stocks. SEBI wants small- and mid-cap funds to make additional risk disclosures to their investors.…
Evolution of Mutual Funds in India
Mutual Funds are vehicles to mobilize money from multiple retail investors and invest the money pooled in various types of securities. The profit earned by these funds gives the investors the benefit of growth, wealth creation, stability, regular income, liquidity, or a mix of all. Mutual funds are not only providing growth to the capital…
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