Top news
SEBI in a circular introduces a new framework for execution-only platforms in the mutual fund industry to protect investors. Category 1 EOPs would have to be registered with AMFI and Category 2 EOPs have to be registered as stock brokers with SEBI.
The WPI inflation in India hits a seven-and-a-half-year low, recording a fall of 3.48% in May 2023.
Shares of IKIO Lighting got listed at a premium of 38% over issue price of Rs 285.
360 One MF, Samco MF and Motilal Oswal MF have launched the NFOs for 360 One Flexicap Growth Fund, Samco Active Momentum Growth Fund and Motilal Oswal Nifty Microcap 250 Index Fund .The NFOs close on June 12, and June 14 respectively.
Index Returns
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Data Source: NSE, BSE & Kuvera.in
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Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully.
Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
Investment in the securities is subject to market risks. Read all the related documents carefully before investing.
The securities quoted are for illustration only and are not recommendatory.
This market update was initially published by Livemint.
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