In 2017, the Securities and Exchange Board of India (Sebi) had issued guidelines of categorisation of schemes.
Experts believe the lower tax rate is a significant contributor in making India’s debt market attractive to overseas investors.
It has asked for an industry status for Sebi-registered market intermediaries.
Among the main demands was the tax incidence on employee stock options (Esops) only on selling. Currently, tax is levied…
Sharma was vice chairman and joint managing director at First Global.
API Holdings, Droom Technology, Wellness Forever, Aprameya Engineering, Imagine Marketing and Waaree Energies are among those that have withdrawn their…
India’s inflation target is 4-6%, our inflation is at about 7%, the gap is of about 100 bps, Jajoo added.
Sebi chairman UK Sinha has expressed concerns over high commissions being paid out to distributors by fund houses.
The scheme follows bottom-up stock picking, without any bias for sectors.
As per estimates, about 1-2% of the existing industry AUM of Rs 10 lakh cr comes from Canada and US-based…
BNP Paribas Midcap Fund focuses on stocks that offer growth at a reasonable price…
Mutual fund industry body Amfi has sent out an advisory to the CEOs of all mutual fund houses asking them…
Several fund houses are planning to file their offer documents for retirement plans with market regulator Sebi in the coming…
It’s raining commissions for mutual fund distributors. With the Indian equities surging to new highs, fund houses are paying through…
India remains a favoured market among institutional investors, given the structural improvement expected in the economy in the medium term,…
Mid caps back in favour as economy shows signs of turnaround.
With the markets touching new highs, equity new fund offerings (NFOs) are back in vogue.
Budget provision for higher tax on debt-oriented mutual funds makes them unattractive for companies
