mutual fund schemes

CIR/IMD/DF/17/2010, November 9, 2010 All Mutual Funds! Asset Management Companies /(AMCs),Recognised Stock Exchanges! Depositories / Registrar to an Issue and Share Transfer Agents Sir / Madam, Sub: Facilitating transactions in Mutual Fund schemes through the Stock Exchange infrastructure 1.       SEBI vide circular SEBI /IMD / CIR No.11/1 83204/ 2009 dated November 13, 2009 has permitted [...] Full Article

Concerned over large-scale outflow from mutual fund schemes, market regulator Sebi wants fund houses to invest part of their profit on cementing ties with investors and curtail commissions and freebies to agents. Market watchdog Sebi, which also over Full Article

All trading members of the Exchange who are registered with Association of Mutual Funds of India (AMFI) as Mutual Fund Advisors and who have signed up with the specific Asset Management Company (AMC) of a Mutual Fund are eligible to participate in the New MFSS. For this purpose, trading members shall have to register with NSEIL as Participants by submitting an Undertaking as per the format specified in Annexure 2. Full Article

The Reserve Bank of India (RBI) advisory to banks for limiting their mutual fund (MF) exposure has prodded the lenders to put in place a detailed investment norm. While large banks were capping their MF exposure at 20 per cent of total investment, smaller banks were limiting such investments to Rs 1,000 crore, executives at public sector banks said. Full Article