Sebi is reportedly examining the matter internally and has reached out to the fund house on the matter.
IDFC is merging its Portfolio Management Services business with the newly-acquired Standard Chartered Mutual Fund to sell MF products targeting high net worth individuals. The company is also planning products that offer infrastructure as an asset to investors.
If you are in credit opportunity funds, income funds or dynamic bond funds for a long-term goal, stay put.
Though the sum was nowhere close to the big-ticket monthly purchases seen during the 2004-2008 bull run, it is significant, as it confirms the reversal of a selling spree that began in September 2013.
Before you rush to invest in these funds, understand the risks they carry and whether you have the appetite for them, says Sanjay Kumar Singh.
Investors can sell their entire equity and move to debt when stocks get expensive
Markets now expect the Fed to normalise rates gradually.
Go for high quality and low-to-medium-duration funds in your debt portfolio
Debt fund managers think the Reserve Bank governor might at best go for one rate cut in April.
With stock prices at elevated levels, investors must cut valuation risks in their portfolio