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- Securities and Exchange Board of India (SEBI) in its recent circular states that the non-submission of ‘choice of nomination’ shall not result in freezing of Demat Accounts as well as Mutual Fund Folios.
- SIP inflows jumped 42% on Y-o-Y basis to ₹20,904 crore in May 2024 compared to inflows of ₹14,749 crore in May 2023.
- Motilal Oswal AMC, Baroda BNP Paribas AMC, Kotak AMC and Aditya Birla Sun Life AMC have launched the NFO for Motilal Oswal Nifty India Defence Fund, Baroda BNP Paribas Manufacturing Fund, Kotak Special Opportunities Fund and Aditya Birla Sun Life Quant Services. The NFOs closes on 24th June for all the funds.
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Published: 15 Jun 2024, 11:50 AM IST
