New Delhi, March 24 (IANS) The government has stepped up efforts to help citizens reclaim over Rs 73,000 crore lying unclaimed across banks, insurance companies and mutual funds, with regulators rolling out simplified claim processes, digital tracking platforms and nationwide awareness drives, the Parliament was informed on Tuesday.Minister of State for Finance Pankaj Chaudhary said in Rajya Sabha that unclaimed deposits with public sector banks have crossed Rs 60,500 crore, while regulators are…
Latest mutual funds News & Updates
Mumbai, Feb 26 (IANS) The Securities and Exchange Board of India (SEBI) on Thursday directed all entities regulated by it to clearly display their registered name and registration number while posting securities market-related content on social media platforms.The new rule will come into effect from May 1. The directive will apply to stock brokers, portfolio managers, mutual funds and other intermediaries and agents such as distributors.SEBI said the move is aimed at helping investors easily ide…
Mumbai, Feb 9 (IANS) The domestic institutional investors (DIIs) have remained key bidders, pumping $23.4 billion in the fourth quarter of 2025 and $90.1 billion in full year 2025 – aided by steady SIP inflows into domestic MFs, a report showed on Monday.This strong participation has not only helped mitigate the effects of a spike in FII outflows, which totalled $18.8 billion in 2025, but has also absorbed the continued surge in primary market issuances, with IPOs and FPOs amounting to Rs 1.95…
New Delhi, Jan 22 (IANS) SEBI Chairman Tuhin Kanta Pandey said on Thursday that India continues to demonstrate strong macroeconomic stability amid ongoing global volatility in trade and geopolitics, as capital-raising activity remains robust, with the country ranking first globally in the number of IPOs and third in terms of capital raised in 2025.Outlining the resilience of the Indian economy, Pandey observed that moderate inflation, robust foreign exchange buffers, and stable external accounts…
New Delhi, Jan 8 (IANS) Choice Wealth Private Limited on Thursday announced that it has secured a major mandate from India Post Payments Bank to roll out a digital investment platform for the bank’s customers — marking a significant step towards expanding investment access across the country.The contract was awarded to Choice Wealth, a subsidiary of Choice Equity Broking Private Limited and a step-down subsidiary of Choice International Limited, after a detailed technical and commercial evalu…
New Delhi, Jan 7 (IANS) India’s top domestic institutional investors reported a 12 per cent to 20 per cent surge in assets across multiple segments during 2025, underscoring continued local support for equity and debt markets even as foreign investor assets growth softened.Mutual funds led the expansion, with equity assets up 20.6 per cent to Rs 52.25 lakh crore from Rs 43.34 lakh crore a year earlier, and their combined equity and debt assets climbed 23.34 per cent to Rs 73.21 lakh crore from…
New Delhi, Dec 29 (IANS) Retirement planning has been ranked as Indians’ first financial priority even as actual preparedness or a plan in place collapsed to 37 per cent from 67 per cent in 2023, a report said on Monday.The report from PGIM India Mutual Fund said that retirement took the first spot, climbing from eighth place as lifestyle and entrepreneurial goals overshadow family-centric concerns.The shift reflects a broader change in financial planning from fear‑driven security to aspirat…
New Delhi, Dec 27 (IANS) Investors have poured over Rs 3 lakh crore into mutual fund schemes through systematic investment plans until November, for the first time in a calendar year.The data from Association of Mutual Funds in India (AMFI) said SIP inflows in the calendar year touched Rs 3.04 trillion (lakh crore) for the first time, up from Rs 2.69 trillion in 2024.The rise in SIP inflows came as investors increasingly relied on the staggered investment route amid market volatility, which help…
New Delhi, Dec 24 (IANS) The deadline to link Permanent Account Number (PAN) with Aadhaar is December 31, and failure to do so may result in the PAN becoming inactive after this date.Taxpayers who have not completed the linking process are advised to act promptly to avoid financial and compliance-related difficulties.According to a notification issued by the Income Tax Department on April 3, 2025, individuals who were allotted a PAN on or after October 1, 2024, are required to link their PAN wit…
For many Indians, moving abroad marks the beginning of an exciting new chapter—new opportunities, careers, and lifestyles. But along with…