The fund house’s equity focus has fetched it a place in the top 10 Indian AMCs. Will its neglect of debt hurt?
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
Limited time offer $125 $99 for 1 year
While paying heed to the growing concerns of mutual funds around how mandatory investment norms are affecting junior employees, the market regulator has ensured the industry remains accountable to investors.
While SEBI has allowed domestic mutual funds to invest in overseas funds, the cap set by the RBI for such funds could defeat the purpose of the market regulator’s move.
The proposed product, a hybrid between mutual funds and portfolio management services, aims to target investors with a high risk appetite and shield them against unregistered entities.