While the MF sector had a great year in terms of equity inflows in FY22, most listed AMCs have underperformed the benchmark indices in last one year
Bajaj Finserv in July reported an over 31% decline in consolidated net profit at Rs 833 crore for the first quarter ended June 2021.
Sebi said the asset management companies (AMCs) will have to invest in their own schemes based on its risk level
A regular deterioration in performance is one of the primary warning signs that investors should be wary about a fund
Sebi also amend mutual funds rules to provide for the investment of a minimum amount as 'skin in the game' in the schemes by asset management companie
The formats for the reports to be submitted by asset management companies (AMCs) to trustees, by AMCs to SEBI and by trustees to the regulator have be