The FinTech Hub
Source: Live Mint Quant Mutual Fund confirmed it has appointed a new chief executive in an effort to decouple the CEO and CIO (chief investment officer) functions currently held by founder Sandeep Tandon. The new chief executive, who is set to join in April 2025, is a mutual fund industry outsider – from a global…
Source: Live Mint The central recommendation is a 30-day window for deploying these funds in line with the asset allocation specified in the scheme. Sebi’s push for this timely deployment of NFO funds aims to protect investors from prolonged market exposure delays and ensure their money is actively invested as intended. The current regulatory framework,…
Source: Business Standard Illustration by Binay Sinha 5 min read Last Updated : Oct 16 2024 | 2:53 PM IST Shares of capital market-related sectors like asset management companies (AMCs) and broking firms are on a roll as they rallied up to 15 per cent on the BSE in Wednesday’s intra-day trade in otherwise…
Source: Live Mint Google Pay, one of India’s largest UPI apps, has had initial talks with asset management companies (AMCs) as it looks to offer mutual funds on the app, a senior executive at a mutual fund house, who did not wish to be named, told Mint. The company is exploring whether to offer regular…
Source: Business Standard 2 min read Last Updated : Sep 27 2024 | 8:23 PM IST The Securities and Exchange Board of India (Sebi) has proposed to make it mandatory for fund houses to make separate disclosures for direct plan and regular plan schemes in their half-yearly financial results. So far, the disclosures…
