Equity Mutual Funds: Inflows drop 16% in April; SIP flows cross ₹20,000 crore for first time

[ad_1] Inflows into equity mutual funds stood at ₹18,917 crore in April, a 16 per cent drop over the previous month, data from the Association of Mutual Funds in India (AMFI) showed. Small-cap funds, which saw outflows of ₹94 crore...

Sebi comes out with stringent rules to tackle misconduct, corrupt practices by employees

[ad_1] Capital markets regulator Sebi has put in place stricter norms to tackle any misconduct and corrupt practices by its employees.Amending rules governing its employees' services, the market regulator said that a competent authority can "direct recovery from an employee...

AIFs can now issue offshore derivative instruments from Gift IFSC 

[ad_1] The market for offshore derivative instruments (ODIs) at Gift IFSC may get a fillip with non-bank entities allowed to issue such instruments. Also read:RBI breather for lenders on AIF investmentsSuch entities have to be registered with the Securities and...

IIFCL AMC, four others settle case with SEBI by paying ₹1.02 crore

[ad_1] IIFCL Asset Management Company and its four officials have settled their case with SEBI by paying ₹1.02 crore. Last June, SEBI initiated action against them for alleged violation of mutual fund regulation in four investments made by the fund...

SEBI makes nomination optional for joint mutual fund portfolios

[ad_1] Capital markets regulator SEBI on Wednesday made the nomination optional for jointly-held mutual fund accounts in a bid to promote ease of doing business. Additionally, SEBI allowed fund houses to have a single fund manager to oversee commodity and...

SEBI to tighten norms to deter front running at AMCs

[ad_1] The SEBI board on Tuesday approved measures to deter front-running at asset management companies. This will be through an institutional mechanism that will consist of enhanced surveillance systems, internal control procedures, and escalation processes to identify, monitor, and address...

Sebi asks NSE to asses Linde India’s related party transactions

[ad_1] Markets regulator Sebi has asked the National Stock Exchange (NSE) to designate a valuer to conduct the valuation of related party transactions between Linde India and Praxair India following complaints by shareholders. The matter relates to various transactions and...

Sensex, Nifty opens marginally up; Jana Small Finance hits 52-week high

[ad_1] Closing at/ over one per cent on Monday’s trade, the domestic benchmark indices opened little changed on Tuesday. BSE Sensex was up by 91.96 pts or 0.12 per cent to trade at 74,763.24 as of 9.20 am, and Nifty 50 was up 38.45 pts or...

BSE shares crash on possibility of higher fee outgo

[ad_1] BSE shares tanked 18 per cent intraday on Monday, its biggest single-day drop since listing, after it was asked to cough up more fees on options contracts by the regulator for several years along with interest. The shares ended...
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