The FinTech Hub
Source: Live Mint The Securities and Exchange Board of India (Sebi) on Tuesday granted permission to Associations of Persons (AoP) to open demat accounts in their own name. Through demat accounts, AoPs can hold mutual fund units, corporate bonds, and government securities. However, such demat accounts cannot be used for holding equity shares. The new…
Source: Live Mint New Delhi, Feb 22 (PTI) Industry body Amfi has launched three initiatives — SIP for smaller investments, Tarun Yojana to encourage young investors, and MITRA to help track and recover forgotten investments. These initiatives align with markets regulator Sebi and Association of Mutual Funds in India’s ongoing efforts to democratise mutual fund…
Source: Live Mint Over the past one year, gold has yielded a 37.73% return, while the three-year return stands at 18.72%. Looking at a broader horizon, gold has provided a 14.68% return over five years and 11.12% over ten years. ETFs allow investors to gain exposure to gold price movements without the burden of storage…
Source: Live Mint India’s new Unified Investor App consolidates a wide range of investment information previously scattered across multiple sources into a single, convenient platform, Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (Sebi) said. The app, jointly made by depositories CDSL and NSDL, empowers investors by giving them access to…
Source: Live Mint The market regulator has proposed linking trading accounts with SIM cards and making biometric authentication mandatory to enhance security in online trading and protect investors from unauthorized transactions. The Securities and Exchange Board of India (Sebi) acknowledged that with the rapid evolution of technology and the increasing use of web-based and mobile…
Source: Live Mint Capital markets regulator Securities and Exchange Board of India (Sebi) has released a set of most important terms and conditions which must become the part of the investment advisory agreement between investor and the investment advisor. These important terms and conditions must include a term wherein the invesment advisor must not guarantee…
Source: Live Mint One of the notable changes is the relaxation of eligibility criteria, which may seem like a welcome step. However, the new framework imposes burdensome obligations that could hinder RAs’ ability to operate effectively. The minimum qualification requirement for an individual RA or a principal officer of a non-individual RA has been reduced…
Source: Live Mint The Securities and Exchange Board of India (SEBI) has launched MITRA to help investors track inactive mutual fund folios, ensuring KYC compliance and reducing fraud risks according to a detailed notification released by SEBI on February 12, 2025. This is a step taken by the regulator in the interest of investor goodwill…
Source: Live Mint The markets regulator has now proposed guidelines to ensure that such unclaimed assets are not misused and returned to investors at the earliest. In a consultation paper, Sebi has outlined a process involving brokers and stock exchanges. Here is how this will work. Defining ‘unclaimed’ If unutilized funds or securities cannot be…
Source: Live Mint New Delhi, Feb 15 (PTI) Capital markets regulator Sebi has revised the timelines for the issuance of Consolidated Account Statements by depositories to enhance compliance ease. In a circular issued on Friday, the regulator said the asset management companies (AMCs) and mutual fund registrar and transfer agents (MF-RTAs) are required to provide…
