Shah had pleaded guilty in 2012 to securities fraud in a parallel civil insider trading case case.
Rules applicable from April 1, 2014; investors who have already redeemed will also have to pay tax
One should not time the market before investing
DLF chairman K P Singh, his son and vice-chairman Rajiv Singh, younger daughter and whole-time director at DLF Pia Singh, company directors T C Goyal and Ramesh Sanka had earlier moved the tribunal challenging the October 10 Sebi ban on them.
Retail investors have gained significant heft in the past year amid a sustained uptick in Indian equities. The share of retail investors in companies listed on the NSE reached an all-time high of 7.32 per cent in the quarter ended December 31, 2021, up from 7.13 per cent in the previous quarter and 6.9 per cent a year ago, the data from PRIME Infobase shows. This was despite the Nifty's 1.5 per cent decline during the quarter.
FPIs' ownership in NSE-listed companies reached a five-year high of 22.74 per cent in December 2020 on the back of huge net inflow of Rs 1.42 lakh crore by such investors in the third quarter.
Allaying investors' fears, Franklin Templeton AMC has said Sebi's order prohibiting the company from launching new debt funds will have no bearing on existing schemes managed by it. Sebi on Monday barred Franklin Templeton Asset Management (India) from launching any new debt scheme for two years and imposed a penalty of Rs 5 crore for violating regulatory norms in the case of winding up of six debt schemes in 2020. Also, it has been asked to refund investment management and advisory fees of over Rs 512 crore (including interest) collected with respect to the six debt schemes. This amount will be used to repay unitholders, as per Sebi order.
Many millennials believe that they have enough time to plan for long-term goals, hence they do not worry about goals such as retirement.
Drop in the number of schemes is less than 3%, despite merger of 38 schemes between Sept 2017 and May this year
'Markets are not expensive; they are fairly priced.'
Domestic households are grossly underexposed to equities.
Novices should enter markets via SIPs of equity mutual funds.
On an average, small-cap funds have generated annualised returns of 67.5% in the last two years. Large-cap funds and mid-cap funds have given average annualised returns of 41.3% and 53.4% respectively.
Should you invest or not in these avenues in 2011? Find out...
Industry observers said that direct investment has increased from 2 per cent to 6-7 per cent, which is a marginal rise of 5 percentage points. Many investors still prefer to invest through distributors in spite of a 2.25 per cent entry load. Inconveniences in the online process and asset management companies' (AMC) offices have kept investors from taking the direct option.
When an investor opts for a systematic investment plan (SIP) in mutual funds, the purpose is to average the cost of buying a bouquet of stocks, inculcate discipline and not having to worry about daily market fluctuations.
In September, net equity inflows stood at Rs 6,609 crore, compared to Rs 9,152 crore in the previous month. In the last four months, this is the lowest net inflow tally seen by the equity category.
Investors should consider debt mutual funds, banks fixed deposits or high-rated corporate debt instruments.
Broker Hiten Dalal and Canara Bank Mutual Fund's former General Manager B R Acharya have been sentence to one year imprisonment.
Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.
Restrict investment to Rs 50,000 for tax benefits, experts tell Sanjay Kumar Singh, but caution that taxation at maturity and compulsory annuities are dampers.
Young investors could allocate in the proportion of 70:20:10 to equity, debt and gold.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Not just unclaimed bank deposits, there are thousands of crores of rupees locked in unclaimed shares and insurance policies lying with many institutions across India.
The DoP has moved a Cabinet note for the government to provide Rs 500 crore (Rs 5 billion) as initial capital to India Post towards starting a bank.
Bundled products often come with restrictions. The customer also gets locked into two products at the same time. This reduces flexibility.
The Securities and Exchange Board of India ruled that investors could avoid paying the entry load charged while investing in mutual funds
Gold exchange traded funds (ETFs) witnessed a net outflow of Rs 248 crore in February, making it the second consecutive month of withdrawals as investors preferred equities over other segments on record SIP flows. Net outflows from the gold ETFs were at Rs 452 crore in the month of January. Prior to that, the asset class had seen a net investment of Rs 313 crore, according to the data of Association of Mutual Funds in India (Amfi). Despite the outflows, the category witnessed an increase in net assets under management (AUM) of gold ETFs to Rs 18,727 crore at the end of February from Rs 17,839 crore in January-end.
Industry players say they have learnt from the bitter experience of 2008 and have far better checks and balances in place to avoid an encore.
Our intention in this article is to highlight the dangers of being carried away by cover stories in the 'media' on how to double your money in three years.
Securities and Exchange Board of India has barred Samir Arora, fund manager of Alliance Capital Mutual Fund, from dealing in securities in any manner for five years for violating the regulator's unfair trade practices norms
One of the biggest advantages of index funds and ETFs is their low cost, points out Sarbajeet K Sen.
Silver, which is currently trading at Rs 68,453 per kilogram, has appreciated 21.7 per cent over the past three months. Investors, however, shouldn't get carried away by its recent performance and put their money in it. Instead, they should evaluate its pros and cons and then take a considered decision based on their risk appetite.
If the nominations are not in place, the heirs need to go through a lengthy process to get access to the money cautions Bindisha Sarang.
The payouts were 22 per cent lower than the previous year's tally of Rs 7,938 crore.
