Equity MF inflows fall 16% in April; small cap and debt schemes back in demand
The inflows in equity mutual funds dropped by approximately 16% in April, shows data released by Amfi. The inflows in
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June 2024
SBI Mutual Fund files draft with Sebi for innovative opportunities fund
SBI Mutual Fund has filed a draft document with Sebi for an innovative opportunities fund. SBI Innovative Opportunities Fund will
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Incomplete KYC: 1.3crore investor a/cs on hold
KYC registration entities, KRAs in market parlance, said out of nearly 11 crore investors under Sebi’s regulatory purview, about 1.3
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MF industry assets grow 35% in FY24
The mutual fund industry’s assets under management grew by 35% in FY24, recording the highest gain since fiscal FY21 when
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Shares given as gift may escape capital gains tax
If shares are transferred as a gift, there may not be capital gains tax on them, provided a recent Bombay
Read moreIndia will be world’s 3rd largest economy irrespective of who’s PM: Chidambaram
Terming Prime Minister Narendra Modi a “master of exaggeration” for “turning an arithmetic inevitability into a guarantee”, senior Congress leader
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CBDT extends deadline for charitable trusts’ registration till June 30
The income tax department extended the deadline for charitable and religious trusts to furnish registration application with tax authorities till
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Direct tax collections up 18% in FY24, top revised budget estimate
Government’s net direct tax collections, after adjusting for refunds, grew 17.7 per cent year-on-year to Rs 19.58 lakh crore in
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Stock exchange to administer research analysts: SEBI
The Securities and Exchange Board of India (Sebi) will delegate administrative and supervisory responsibilities of research analysts (RAs) and investment
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Mahindra Finance detects Rs. 150crore fraud in vehicle loans
Mahindra& Mahindra Financial Services (Mahindra Finance) said it has detected Rs 150 crore-fraud involving forgery of Know Your Customer (KYC)
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