Posts in category Business Standard
Sebi’s proposal on TER to curb mis-selling, bring in transparency (19-05-2023)
Sebi's proposed sweeping changes to mutual funds' Total Expense Ratio (TER) will curb distributor practices of unnecessary switching of schemes and pushing new fund offerings for higher commissions, experts said on Friday.
TER accounts for the fees and expenses charged by asset management companies (AMCs).
The Securities and Exchange Board of India (Sebi), in its consultation paper on Thursday, proposed the introduction of performance fees for funds.
It proposed two approaches in this regard but also suggested testing the models under the Regulatory Sandbox.
Considering the underperformance of most mutual fund schemes, the proposal to introduce performance-linked expense ratios along the lines of Portfolio Management Services (PMS) is a step in the right direction, Gopal Kavalireddi, Head of Research at FYERS, said.
Globally, many markets have performance fee structures, but the prevalence of these is limited. Many times, performance fee structures tend to be too complex for inves
Adani-Hindenburg: SC panel urges centralised database of unclaimed property (19-05-2023)
Database would aim to track rightful owners of such property and enable proven legal heirs to get full picture of investments and savings of the deceased and claim their money
Indian gold dealers trim discounts as price dip reignites some buying (19-05-2023)
Local gold prices were trading around 59,900 rupees per 10 grams on Friday after hitting a record high of 61,845 rupees earlier this month
Crypto wrap: High fluctuation in market due to US debt ceiling crisis (19-05-2023)
Bitcoin options expiry on Friday is crucial for Bitcoin's price, given concerns about regulations and the US debt ceiling, experts said
Nexus Select Trust, country’s first pure-play REIT, rises 4% on debut (19-05-2023)
Firm's IPO was subscribed 5.4x, units were proced at Rs 95-100 a share
Repro zooms 48% in 1 week after Madhuri Kela acquires 3.6% stake in company (19-05-2023)
Post the acquisition, their total holding in the company has increased to 6.89 per cent from 3.30 per cent
Adani-Hindenburg: SC panel says can’t pinpoint regulatory failure (19-05-2023)
In a briefing called by the committee, Sebi said it did not find any evidence of "wash trades" even after putting Adani group scrips under various surveillance measures
Adani-Hindenburg: SC panel says can’t pinpoint regulatory failure (19-05-2023)
In a briefing called by the committee, Sebi said it did not find any evidence of "wash trades" even after putting Adani group scrips under various surveillance measures
Can’t say if there was price manipulation: SC panel on Adani allegations (19-05-2023)
On price volatility, the committee said that the Indian market was 'not unduly volatile' after the Hindenburg report on Adani was revealed in January
Adani Group shares trade mixed post Supreme Court panel report (19-05-2023)
An expert committee constituted by India's Supreme Court to investigate the Adani Group said it was not possible to conclude if there has been regulatory failure regarding price manipulations.