New SIP registrations decline, closures rise in FY23

Monthly systematic investment plan (SIP) flows into India have held steady above Rs 13,000 crore in 2022-23 (FY23) in the face of markets delivering muted returns in 18 months. Illustration:......

Online Mutual Fund Platforms Set To Charge Transaction Fee

Until now, these platforms were either working through an investment advisory (IA) or stockbroking licence. Illustration: Dominic Xavier/Rediff.com With the capital markets regulator set to allow......

It's Advantage Fintechs, NBFCs

If you are running a sweetmeat shop, will you manage a dairy for milk supply or buy milk from the market?Banks are running a dairy (which has its cost for processing milk), while NBFCs are buying......

Want to invest in MFs online?

Various online platforms let you invest in direct mutual funds.Priyadarshini Maji takes a look at their charges and offerings. Illustration: Dominic Xavier/Rediff.com After receiving approval from......