Mutual funds in India are restricted to invest only up to $7 billion into the foreign stocks, and up to $1 billion into ...

Exit loads are fees charged by mutual fund companies when units are redeemed before a specified period. Aimed at deterring ...

SEBI explained that the new guidelines aim to ease the investment process in overseas MFs and unit trusts, enhance ...

Kalloghlian Myers LLP announced on Friday that a class action settlement has been reached with TD Asset Management Inc. for ...

India's markets regulator, on Wednesday, proposed that asset management firms (AMCs) deploy the funds collected by newly ...

Under the new rules, inclusion of mutual fund units under the PIT regulations will be implemented. This notification was ...

Capital market regulator Securities and Exchange Board of India (Sebi) is proposing to make it mandatory for mutual funds to ...

Sebi has allowed mutual funds to invest in overseas mutual funds that hold Indian securities, aiming to enhance investment ease and transparency.

BMO Global Asset Management (BMO GAM) received ten awards at the 2024 Canada LSEG Lipper Fund Awards, with BMO Exchange Traded Funds (BMO ETFs) claiming five top honours and BMO Mutual Funds being ...

1. Mutual Funds are permitted to invest in overseas securities as specified under paragraph 12.19.2 of the SEBI Master Circular no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024 (hereinafter ...

The market regulator has proposed that mutual funds deploy funds collected through new fund offers (NFOs) within 30 days from the date of allotment of units. In exceptional cases, if the asset ...

Mutual fund (MF) schemes can now invest in overseas MFs and unit trusts (UTs) that have exposure to Indian securities, provided that the total exposure to Indian securities by these overseas MF/UTs ...