The deadline for all current individual unit holders who own mutual fund units, either alone or jointly, nominate or opt out of nomination is June 30, 2024; otherwise, the folios will be blocked for debits.
The MPC decided to remain focused on the withdrawal of accommodation to ensure that inflation progressively aligns to the target, while supporting growth. The RBI has been holding rates since February
Investing in equities through mutual funds offers a straightforward solution to many challenges, bringing several benefits. One advantage is disciplined diversification. Fund managers adhere to rules that enforce diversification across the portfolio. Most individual investors lack the expertise or discipline to achieve this level of diversification.