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Tag: Mutual funds

Mutual fund assets swell by 145% from 2020 in the northeast

Posted on May 14, 2024 By admin
Mutual fund assets swell by 145% from 2020 in the northeast

Meghalaya accounted for 9% of the total AAUM at ₹3,623 crore in March 2024, clocking a 111% growth of over ₹1,714 crore in March 2020. Image for representation purposes only. File | Photo Credit: Getty Images GUWAHATI The average net assets under management (AAUM) of the northeastern States has grown by nearly 145% from the 2020 level,…

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Business

Deadline For Adding Nominees To Mutual Funds Extended, New Date Is…

Posted on September 28, 2023 By admin
Deadline For Adding Nominees To Mutual Funds Extended, New Date Is…

The earlier deadline was September 30. New Delhi: Markets regulator SEBI on Wednesday extended the deadline for mutual fund account holders till January 1, to nominate a beneficiary or opt out of it by submitting a declaration form, failing which their folios will be frozen. Earlier, the deadline for existing mutual fund holders to provide…

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Business

Finance Bill 2023 was approved with amendments. Here are the highlights

Posted on March 24, 2023 By admin
Finance Bill 2023 was approved with amendments. Here are the highlights

Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during Budget Session of Parliament, in New Delhi on March 24, 2023. | Photo Credit: PTI The Finance Bill 2023 was been passed in Lok Sabha without a discussion and the House was adjourned to meet again on March 27. Moving amendments to the Finance…

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