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If your mutual fund KYC is not based on an officially valid document as specified by CAMS and KFintech, you will have to re-do your KYC by March 31, 2024. Failure to do this will mean you will not be allowed to do any MF transactions from April 1, 2024. ....
Retirement Expo 40After40: Key Insights For Financial Wellness outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.
An analysis of mutual fund distributor commissions’ disclosure made by AMFI shows that of the top 20 biggest MFDs, nine were banks, earning a total commission of Rs 3,286 crore. ....
The fund house aims to be present across asset classes of equity and debt. This goes against many new-age fund houses that come with a differentiated strategy of launching either only equity or debt funds or focusing only on passive funds. ....
Though there is a clear tilt towards open-ended funds, some wealth managers prefer to play it safe with target maturity funds (TMFs). Broadly, it makes sense to invest in a scheme the duration of which matches your investment time-frame. ....