SEBI, the capital markets regulator, recently released a framework for the administration and supervision of research analysts (RAs) and investment advisers (IAs) through recognized stock exchanges. This move aims to enhance oversight and regulatory compliance within...
A recent report by Icra Analytics highlights the significantcontribution of five states—Maharashtra, New Delhi, Karnataka, Gujarat, andWest Bengal—to India mutual fund industry. These states collectively accountfor nearly 70% of the industries Assets Under Management...
SEBI, the capital markets regulator, recently introducedchanges aimed at promoting ease of doing business in the mutual fund sector.These changes include making nomination optional for jointly-held mutual fundaccounts and allowing fund houses to appoint a single fund...
Recent regulatory changes by SEBI have led to a significant impact on mutual fund investors, with around 13 million accounts facing temporary suspension. The cause is a shift in KYC norms, specifically requiring Aadhaar and PAN updates for mutual fund subscribers,...