Mumbai, July 23 (IANS) BSE Index Services Pvt. Ltd. — a wholly-owned subsidiary of BSE — on Thursday launched the BSE Total Market Index (TMI), a new benchmark designed to track the performance of companies representing 98 per cent of the BSE AllCap Index by total market capitalisation.According to the exchange, the index will maintain coverage of at least 98 per cent of the BSE AllCap universe, subject to a minimum of 1,000 constituent stocks, making it one of the broadest benchmarks for the …
Latest Mutual Fund Schemes News & Updates
New Delhi, March 23 (IANS) Market regulator Securities and Exchange Board of India’s (SEBI’s) board on Monday allowed Foreign Portfolio Investors (FPIs) net settlement of their funds on their intraday cash market transactions and announced other measures to improve ease of doing business.Further, the regulator approved proposals to amend AIF Regulations to cover situations in which a scheme or an AIF can retain liquidation proceeds of portfolio post completion of its tenure.”It has also been…