SEBI Mandates Digital Accessibility for MFs and Financial Platforms. In a significant move, SEBI has instructed mutual funds and other regulated entities, such as PMS, AIFs, and RIAs, to ensure their digital platforms are fully accessible to persons with disabilities. This follows the Supreme Court’s decision recognizing digital access as
As of June 2025, SBI Mutual Fund leads the mutual fund industry in direct plan assets with ₹6.72 lakh crore. This accounts for over 57% of its total AUM. ICICI Prudential MF follows with ₹4.78 lakh crore, making up 49% of total AUM. HDFC MF comes next with ₹3.65 lakh
Indian equity markets struggled in July 2025 after the US announced a surprise 25% tariff, increasing uncertainty about an ongoing Indo-US trade deal. The Nifty 50 dropped 2.8%, and mid- and small-cap indices saw even larger declines. Nonetheless, domestic institutional investors (DIIs) showed strong support by investing $4.4 billion during
July ended with a significant change in debt markets. The US announced a 25% tariff on India and possible penalties for trade with Russia. At the same time, it signed trade agreements with key partners. Domestically, the RBI maintained its tight liquidity approach through VRR and VRRR auctions. Experts are
The AMFI (Association of Mutual Funds in India) extends brokerage cooling-off period from 6 months to 12 months for distributors receiving trail commissions after an investor changes their ARN (distributor) code. This decision responds to industry concerns about the misuse of existing rules, particularly by large distributors like banks. Under
Zerodha Fund House has launched the Zerodha Multi Asset Passive FoF(Fund of Fund), a new open-ended scheme that provides retail investors easy access to a range of asset classes through one investment. The fund uses a balanced strategy, with 30% in large-cap ETFs that track the top 100 companies, 30%
India’s ₹74 lakh crore mutual fund sector is preparing to embrace two new players Abakkus Asset Management and Choice International as both received preliminary approval from SEBI to start their mutual fund operations. Established by well-known fund manager Sunil Singhania, Abakkus AMC is presently active in the PMS and AIF
SEBI has released a mandate requiring investors in Special Investment Funds (SIFs) to keep a minimum investment of ₹10 lakh consistently. Mutual funds and Asset Management Companies (AMCs) must now track this threshold daily to ensure adherence and avoid violations resulting from redemptions or other transactions initiated by investors. If
A recent study conducted by the Insurance Awareness Commission (IAC) reveals that life insurance is the most acknowledged financial product in India, achieving 100% awareness, in contrast to 92% for health insurance and 72% for mutual funds. Interestingly, 57% of those surveyed identified financial security as the primary motivation for
The Wealth Company Mutual Fund has submitted Scheme Information Documents (SIDs) for four new schemes to SEBI, signifying its official entry into the Indian mutual fund sector. The offerings consist of a flexi cap fund, an arbitrage fund, a thematic fund, and a fixed income scheme—showcasing a varied product strategy
