The Securities and Exchange Board of India (SEBI) communicated this to the money managers in a meeting earlier this month, the sources, who included a regulatory official, said. The regulator did not specify the quantum of flows it wants restricted, they said.
The significant rise in life expectancy in India from 1950 to 2022 emphasizes healthcare and quality of life advancements. This underscores the critical need for comprehensive retirement planning, extending beyond finances to address post-retirement life holistically.
Mid and large-cap mutual funds strike a balance between risk and return, offering potential for higher returns than large-caps while being less risky than pure mid-cap funds.
Following Sebi s recent order to use uniform nomenclature for tax saving mutual funds, prominent ELSS have changed their names to help investors in identifying schemes in the same league.