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SEBI has overhauled the mutual fund expense framework by lowering the caps on the base expense ratio and separating out statutory levies to improve transparency and reduce costs for investors. These changes are expected to make mutual fund investing cheaper and clearer for investors.
The IPO of ICICI Prudential AMC Ltd. has closed with a strong response, garnering an overall subscription of 39.17 times. Similarly, KSH International’s IPO witnessed healthy demand, achieving 0.87 times subscription on the final day. Meanwhile, a new IPO from Gujarat Kidney & Super Speciality is set to open for investors with the price band set at ₹108.00 to ₹114.00 per share .
DSP AMC have launched NFO for Tata BSE Multicap Consumption 50:30:20 Index Growth Direct Plan
Index Returns
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Best Performers
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Worst Performers
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What Investors Bought
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What Investors Sold
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Most Watchlisted
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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 IAASB (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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