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Groww user alleges 'fraud', says app shows mutual fund investment but can't redeem, company denies; what are lessons for MF investors?Groww faces 'fraud' allegation: A customer's complaint against Groww, has sparked concerns over investment safety via execution-only platfo...- You won't be able to redeem mutual fund units online without this nowThe new SEBI guidelines have made two-factor authentication mandatory now for online transactions of redemptions, switches, STP and SWP (Re...
- I am a retiree invested in equity via SIP, some of which I have redeemed. Who do I contact to know the status of my investments?For capital gains, you need to separately visit CAMS, Karvy (Finkart) and Franklin Templeton’s websites or apps for the funds they cater to...
- CAMServ to make non-financial transactions in mutual funds easyComputer Age Management Services (CAMS), a mutual fund transfer agent, has launched ‘CAMServ’, a self-service chatbot for mutual fund inves...
- How to set up e-mandate for SIP in MFsTo reduce the paperwork and time involved in setting up a debit mandate, registrars of mutual funds have introduced e-mandate for investmen...
- New SIP registrations up 92% in FY18: CAMS Asset ManagementA Systematic Investment Plan (SIP) allows customers to invest in mutual funds.
- How to link Aadhaar with your mutual fund investmentsAs of today, linking Aadhaar to your MF portfolio is not mandatory but still, if someone wants to link them, here's how to go about it.
- CAMS offers enhanced statement for LTCG tax on equity mutual fund schemesCAMS has enhanced the capital gain/loss statement to include the long-term capital gains (LTCG) for equity-oriented mutual fund schemes fro...
- CAMS to provide modified capital gains statement to MF investors from April 1Computer Age Management Services Pvt Ltd (CAMS) is in the process of modifying its investment performance reports to incorporate the new lo...
- You need to file your FATCA compliance to banks by April 30 to avoid an account freezeMutual fund investors, bank account holders and those who have invested in insurance schemes may face a freeze if they don't comply.
- Is your mutual fund account FATCA compliant? If not, it may be blocked after April 30In case of non-compliance by May 1, accounts will be blocked i.e. no transactions will be allowed in such non-compliant accounts this date.
- How to manage too many funds?You can merge the four different investments into a single folio number. This will not only reduce your paperwork but help you get a better...
- PE funds in fray for Chennai co CamsStandard Chartered PE, Citigroup Venture Capital International (CVCI) and Carlyle are in the fray to pick up a 15% stake in the Chennai-bas...
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