Amol Joshi, Founder of PlanRupee Investment Services talks about the hardships that mutual investors are facing because of re-KYC mandate, what are the different KYC registration statuses, how to validate KYC and the issues specific to NRI investors.
Effective April 30, your name on a mutual fund application must match your income-tax permanent account number. But only fresh folios will be impacted.
The smallcap category saw net inflows of Rs 10,937 crore in the first quarter, its highest-ever quarterly numbers, followed by the midcap category at Rs 4,735 crore
61 percent of the respondents revealed that they have invested in at least one passive fund. Low cost, simplicity and market returns were important reasons cited behind investing in a passive fund