Finance : The market has remained largely flat despite strong corporate earnings. FII withdrawals, higher capital gains taxes, and global un...
SEBI : The regulator prohibited mutual funds from participating in pre-IPO placements due to concerns over illiquidity, valuation uncerta...
Finance : This case explains the importance of using SIP calculators for estimating mutual fund returns. It highlights that such tools provi...
Finance : The issue is how investors can efficiently monitor mutual fund investments. The article explains that online platforms, apps, and ...
Finance : The content explains how SIP calculators help estimate potential returns and simplify investment decisions. It highlights their ro...
SEBI : SEBI has proposed extending standing instruction facilities for SWP and STP to mutual fund units held in demat form. The move aims...
SEBI : Rapid industry growth and layered amendments made the old rules complex and bulky. The new regulations consolidate, simplify, and ...
SEBI : SEBI releases a consultation paper for a comprehensive review of the 1996 Mutual Fund Regulations, aiming for simplification, clar...
SEBI : SEBI seeks public comments on allowing liquid mutual funds as deposit option for Investment Advisers and Research Analysts. Submit...
SEBI : Securities and Exchange Board of India Monday 30th September 2024– SEBI Board Meeting Sub: Amendments to the Securities and Exch...
Income Tax : The ITAT held that non-reporting of capital gains from redemption of mutual funds amounted to underreporting resulting from misrep...
Income Tax : Denial of DTAA benefits to UAE resident over capital gains on debt mutual funds. The case examines whether 'liable to tax' require...
Income Tax : ITAT Mumbai rules on Anushka Shah vs ITO case, addressing capital gains taxability on mutual fund units under the India-Singapore ...
Income Tax : ITAT Mumbai allows tax exemption on capital gains for NRI under India-Singapore DTAA, rejecting AO's classification of mutual fund...
Income Tax : Explore the DCIT vs K.E. Faizal case where the ITAT Cochin ruled on taxation of mutual fund gains, analyzing the application of In...
SEBI : SEBI modified nomination norms for demat accounts and mutual fund folios after receiving stakeholder feedback on implementation is...
SEBI : SEBI clarified conditions under which mutual funds can use intraday borrowings to address redemption payout timing mismatches. The...
SEBI : SEBI has introduced a voluntary lock-in facility allowing investors to freeze debits from mutual fund folios. The measure aims to ...
SEBI : SEBI has superseded Clause 2.6 of the Master Circular, introducing revised scheme categories, overlap limits, and standardized nam...
SEBI : SEBI has reclassified REITs as equity-related instruments from January 1, 2026, enabling mutual funds and SIFs to increase partici...
Understanding the taxation of shares and mutual funds. Learn about the different tax implications for trading shares as business income or capital gains.
A mutual fund is a Company or corporation that collects money from multiple investors and invests that money in stocks, bonds, and short-term market instruments. A Professional specialist known as a fund manager or portfolio manager oversees this pool of funds. It is his/her responsibility to invest the funds in various securities such as bonds, […]
The Indian stock markets have recorded an all time high with the Sensex touching the 62,245.43 mark in October 2021 for the first time ever since its inception. At the same time, Nifty 50 have hit the fresh all time high of 18,000!
Securities and Exchange Board of India CIRCULAR SEBI/HO/IMD/IMD-I DOF5/P/CIR/2021/654 October 28, 2021 All Mutual Funds All Asset Management Companies (AMCs) All Trustee Companies / Boards of Trustees of Mutual Funds Association of Mutual Funds in India (AMFI) Sir/ Madam, Subject: Investment/ trading in securities by employees and Board members of AMC(s) and Trustees of Mutual […]
Mutual funds are perceived as one of the best investment options to achieve one’s financial goals. Whether you want to cater to your long-term financial goals, or a short-term goal; whether you wish to create wealth or preserve wealth – whatever may be your underlying financial objective, there are different types of mutual funds that […]
Arjun (Fictional Character): Krishna, nowadays more and more people are making investments in mutual funds through SIPs? Krishna(Fictional Character): Arjuna, SIPs i.e., Systematic investment plans are a convenient method of investing in mutual funds in which the investor can invest small amounts periodically. Investors can choose the frequency of their SIP investment as weekly, monthly, […]
i. Pooling of funds and/ or units by stock brokers / clearing members in any form or manner shall be discontinued for mutual fund transactions. ii. Similar to mechanisms for transactions in mutual fund units by MFDs and IAs, stock exchanges shall put necessary mechanisms in place for stock brokers / clearing members also, to ensure that funds pay-in is directly received by the clearing corporation from the investor account and funds pay-out is directly made to the investor account.
3.1. AMCs shall ensure that the transactions (financial/ non-financial) can be executed only if there is a service agreement between the AMC and the service provider / platform.
In order to ensure that mutual funds render, at all times, high standards of service, exercise due diligence, ensure proper care in their operations and to protect the interests of investors, SEBI vide Circular No. MFD/CIR/15/19133/2002, dated September 30, 2002 prescribed certain systems, procedures and practices that must be followed by all mutual funds with regard to risk management in various areas like fund management, operations, customer service, marketing and distribution, disaster recovery and business contingency, etc.
Clarifications with respect to Circular dated April 28, 2021 on ‘Alignment of interest of Key Employees (‘Designated Employees’) of Asset Management Companies (AMCs) with the Unitholders of the Mutual Fund Schemes’ Based on the representations received from the Mutual Fund Industry and recommendations of Mutual Funds Advisory Committee (‘MFAC’), it has been decided to provide […]
