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MUTUAL FUNDS NEWS
Retail folios in index funds grow 12-fold since March 2020: Zerodha Fund House
Sat, Jul 27, 2024     Source : Mint
The total number of retail folios in index funds has skyrocketed nearly 12x, growing from 4.95 lakh in March 2020 to an impressive 59.37 lakh by Dec 2023, highlighted a Zerodha Fund House report.
MUTUAL FUNDS NEWS
How schemes of Quant Mutual Fund have performed after one month of Sebi’s raid
Sat, Jul 27, 2024     Source : Economic Times
Mutual fund investors were left shocked when it was reported that Sebi has conducted raids at Quant Mutual Fund offices in a suspected case of front running.
NEWS
Markets near all-time highs – Sensex zooms 1300 points, Nifty up 1.5% for week
Sat, Jul 27, 2024     Source : Financial Express
The India VIX cooled down on Friday by 3.01% to 12.24, indicating a lower volatility in the markets ahead.
NEWS
Rs 1.9 trillion share sales via IPOs over six years in LTCG tax crosshairs
Sat, Jul 27, 2024     Source : Business Standard
Due to ambiguity over the applicability of LTCG-which was reintroduced in 2018-several promoters and private equity (PE) firms have refrained from tax payments
NEWS
Retail options turnover now almost equals cash segment
Sat, Jul 27, 2024     Source : Business Standard
In FY19, it was less than 10 per cent of the cash segment
NEWS
Capital gains tax rationalisation was industry's demand, says Revenue Secy
Sat, Jul 27, 2024     Source : Economic Times
Revenue secretary Sanjay Malhotra Friday defended the government's decision to rationalise the capital gains tax regime saying that the industry itself had demanded rationalisation of rates.
NEWS
Modi to seek Centre-state ties for $30 trillion economy by 2047
Sat, Jul 27, 2024     Source : Financial Express
The Council aims to create a roadmap for this vision, fostering teamwork between the Centre and the states as ‘Team India’.
MUTUAL FUNDS NEWS
Bajaj Finserv MF launches largecap fund; Greatdeal settles case with Sebi
Fri, Jul 26, 2024     Source : Business Standard
Sebi proposed guidelines for CRAs to include detailed reasons for rating actions, especially in cases of default and upgrades of default ratings
INSURANCE NEWS
Life insurers tweak products, incentives to protect margins after IRDAI's new surrender rules
Fri, Jul 26, 2024     Source : Economic Times
Private sector life insurers in India are working on ways to navigate new guidelines from the Insurance Regulatory and Development Authority of India (IRDAI), which mandate paying surrender value from the ...
NEWS
Budget 2024: PMS firms rethink strategy after increase in STCG tax
Fri, Jul 26, 2024     Source : Business Standard
Churn in holdings will attract higher tax; no-pass through advantage like MFs, AIFs
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Will Midcaps outperform Large caps in 2020?
Feb 17 , 2020
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