Market regulator Sebi extends MF expense structure to new asset class

SIF, which was first proposed by Sebi in July 2024 aims to fill the gap between MFs and portfolio management services. Illustration: Dominic Xavier/Rediff.com Specialised investment fund (SIF), a......

MFs seek relaxation in rules framed to prevent mkt abuse

The mutual fund (MF) industry is set to approach the Securities and Exchange Board of India (Sebi) for relaxation in the recently implemented rules designed to prevent market abuse. Illustration:......

How Bank of India Plans To Counter Deposit Woes

A grooming branch network for servicing HNIs is a stepping stone for a full-fledged wealth management business. Illustration: Dominic Xavier/Rediff.com Bank of India (BoI) will focus on 1,000......

MFs step up: SIPs climb ticket ladder, one rung at a time

The average ticket size for a systematic investment plan (SIP) is edging up, even as the pace of new account openings remains strong. Illustration: Dominic Xavier/Rediff.com SIP ticket sizes had......