D-Street Smart: Volatility drives investors from thematic schemes to hybrid fundsMUMBAI: Retail investors continued to pour money into mutual funds in Jan despite a volatile stock market. Monthly gross SIP inflows remained steady above Rs 26,000 crore in Jan, industry body Amfi’s data showed. The volatile market conditions, however, prompted investors to prefer hybrid funds…
A higher tax exemption limit, a revamped central KYC system and the govt’s greater emphasis towards ‘ease of doing business’ in an expected lower interest rate regime are likely to boost investments into mutual funds, directly or through the systematic investment plan (SIP) route, fund industry players said.“The rollout of the revamped Central KYC registry…
MUMBAI: Sebi chairperson Madhabi Puri Buch on Monday said that soon companies, instead of filing new disclosures with two stock exchanges as is required by the regulator, would be able to file on one and the same will automatically reflect on the other. She also said that the mutual fund industry would soon be able…
