Sebi rules on nomination in mutual funds, demat accounts. 10 things to knowSebi has announced simplification of compliance for investors by lifting freeze on demat accounts and mutual fund folios due to non-submiss...
11 Jun, 2024, 01.45 PM IST
Demat, MF A/cs won't be frozen for not filing nominationSebi announced it won't freeze demat accounts and mutual fund folios for existing investors without nominations. New investors must provide...
11 Jun, 2024, 07.16 AM IST
Sebi junks rule to freeze Demat a/cs, MF folio rule for non-submission of nominationThe regulator said dividend, interest or redemption payment withheld presently by listed companies and registrar and transfer agents for wa...
10 Jun, 2024, 10.02 PM IST
Genesis sues Gemini over $689 million in customer withdrawalsGenesis in the lawsuit said up to 230,000 users in the two companies' "Earn" investing program withdrew more than half of billion dollars f...
23 Nov, 2023, 11.42 AM IST
Deadline set by crypto's Winklevoss looms for Genesis repayment dealThe lending unit of crypto firm Genesis filed for bankruptcy in January after the collapse of key counterparties including FTX caused it to...
06 Jul, 2023, 12.12 PM IST
Aditya Birla Sun Life mutual Fund merges ABSL International Equity Fund and ABSL Commodity Equities Fund - Global Agri PlanThe two schemes will be merged and Aditya Birla Sun Life International Equity Fund - Plan A will be the surviving scheme.
26 Jun, 2023, 04.25 PM IST
Sebi asks open-ended debt MF schemes to hold 10% liquid assetsLiquid assets would include cash, government securities, T- bills and repo on government securities, the regulator said in a circular on Fr...
06 Nov, 2020, 08.56 PM IST
Fund houses say big investors pulling out money, but redemption not cripplingNet redemptions from credit risk funds have come down by 81 per cent from its peak on Apr 27.
04 May, 2020, 03.14 PM IST
BOI AXA Credit Risk Fund NAV drops 50% in a dayThe fund house wrote down its entire holding in Dewan Housing Finance and Avantha holdings from earlier levels of 75%.
25 Apr, 2020, 05.47 PM IST
How Franklin Templeton MF shot in the foot & put Rs 30,000 crore investor wealth at riskThese funds have a huge exposure of Rs 14,564 crore to non-banking finance companies.
25 Apr, 2020, 06.23 AM IST
Sebi could allow mutual funds to ring-fence bad securities‘Side-pocketing’ would allow funds to carve out defaulting papers to insulate a scheme’s NAV
27 Nov, 2018, 09.44 AM IST
How SBI redemption affected debt marketFund managers are keen to understand where SBI would deploy the redeemed cash.
26 Sep, 2018, 11.27 PM IST
Investor account to earn benefits on freezed accounts too: AMFIHowever, any further transactions would be permitted for these accounts only after the regulatory requirements are met to lift the 'freezin...
26 Jul, 2016, 08.26 PM IST
Freeze in UK property fund trade may trigger next financial crisisProperty funds can provide an early litmus test of how terrible investors are feeling. The credit crisis of 2007 began with the freezing of...
08 Jul, 2016, 04.47 AM IST
Market regulator Sebi freezes assets of Subrata Roy and two Sahara Group companies"The only option for them now is to pray, and perhaps seek more time from Supreme Court to delay any freeze of assets," an expert said.
14 Feb, 2013, 10.11 AM IST
- Bombay High Court quashes tax demand on mutual funds' income from pass through certificates
Bombay HC has quashed the I-T Department's demand for tax from mutual funds on income from investment in securitised instruments, mainly pa...
15 Mar, 2012, 02.28 AM IST
Govt, RBI should act fast to restore normalcy in markets: UK SinhaThe freeze on liquidity in the local market and the severe downturn in the stock market have hit Indian fund houses which are now seeing a ...
13 Oct, 2008, 01.15 AM IST