Latest contra funds News & Updates

Mumbai, Feb 26 (IANS) The Securities and Exchange Board of India (SEBI) on Thursday discontinued the solution-oriented mutual fund category, which includes children’s and retirement funds, and announced a major overhaul of mutual fund categorisation rules to bring more clarity and transparency for investors.The markets regulator said that the solution-oriented category stands discontinued from the date of the circular.Existing schemes under this segment will immediately stop accepting fresh su…