Bank of India MF, CEO & his family settle case with Sebi for Rs 3.08 crAs per the order, the regulator conducted a thematic inspection of BOI AXA Mutual Fund for the period August 2018 to February 2019 to verif...
29 Dec, 2022, 06.10 AM IST
SAT stays Sebi's penalty on PGIM AMC in inter-scheme transfersThe Securities Appellate Tribunal has stayed the penalty imposed by capital markets regulator Sebi on PGIM Asset Management Company in a ca...
25 Aug, 2022, 06.30 PM IST
Sebi fines Rs 36 lakh on PGIM AMC, CEO Ajit Menon, 3 othersIn its order, Sebi noted that five entities did not adhere to the provisions of the mutual fund regulations while executing ISTs between op...
01 Jul, 2022, 08.22 PM IST
No adverse findings against Franklin Templeton, its employees so far: Sanjay SapreFranklin Templeton Mutual Fund, which closed down its six schemes in April 2020, has said that so far there have been no adverse findings a...
13 Mar, 2021, 11.26 AM IST
Franklin schemes accrue Rs 1180 crore cashThis amount is in addition to the Rs 9122 crore that has already been disbursed in the six shuttered schemes.
13 Mar, 2021, 10.14 AM IST
8 things that changed in the mutual fund industry in 2020The market watchdog- Securities and Exchange Board of India, brought in a slew of new rules and regulations to make mutual funds more trans...
02 Jan, 2021, 01.14 PM IST
Sebi tightens rules on inter-scheme transfers in mutual fund schemesInter scheme transfer refers to shifting of securities from one scheme to another within the same fund house done at the market price.
09 Oct, 2020, 08.58 AM IST
Sebi tightens inter-scheme transfer norms for mutual fundsSebi said in case of close-ended schemes, inter-scheme transfer purchases will only be allowed within 3 business days of allotment after th...
08 Oct, 2020, 06.26 PM IST
New Sebi norms will help debt mutual fund investorsThe Securities and Exchange Board of India's revised disclosure requirements for debt mutual funds will increase transparency and help inve...
02 Sep, 2020, 03.41 PM IST
Sebi revises disclosure requirements for debt, money mkt securities transactionsThe new framework will come into effect from October 1, the Securities and Exchange Board of India (Sebi) said in circular.
01 Sep, 2020, 11.05 PM IST
Poor performance, rumours hit balanced advantage fundsBalanced Advantage Funds have seen an outflow of Rs 401.45 crore in May. Some financial planners say investors may be pulling out money bec...
09 Jun, 2020, 02.30 PM IST
Why inter-scheme transfers in debt mutual funds should worry youOver the month of April, credit risk funds sold bonds worth roughly Rs 5,500 crore to sister schemes. ICICI Prudential AMC, HDFC AMC, Kotak...
01 Jun, 2020, 06.30 AM IST
Sundaram Mutual waives off exit load on redemptions in its schemesNo exit load would be charged, if up to 25 per cent of the units are redeemed or withdrawn by way of SWP within 365 days from the date of a...
01 Mar, 2020, 06.22 PM IST
What is waterfall valuation approach in debt mutual funds?Sebi has recently asked mutual funds to adopt waterfall approach to value money market and debt securities.
25 Sep, 2019, 05.17 PM IST
Sebi asks MFs to adopt waterfall approach for money market, debt securities valuationDebt securities funds invest in fixed income securities like bonds and treasury bills.
25 Sep, 2019, 03.04 PM IST
Why SEBI needs to strengthen rules to protect retail investors in debt mutual fundsThe funds that held bonds which were impacted or downgraded (IL&FS group, Essel, ADAG and DHFL) adhered to regulatory norms.
10 Jun, 2019, 06.30 AM IST
- MFs check inter-scheme transfers
The internal compliance teams of some mutual fund houses have asked their fund managers to curb interscheme asset transfers, which is often...
04 Feb, 2009, 11.14 AM IST