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The fund aims to raise USD 100 million with a minimum investment size of USD 150,000 (approximately Rs.1.35 crores).

Non-government NPS subscribers can now withdraw up to 80% of their pension corpus upon superannuation or exit. Earlier, they were allowed to withdraw only 60%, with the remaining 40% mandatorily used ...

Monarch Networth Capital has launched its first PMS scheme called the Monarch Wealth Creator Fund. Monarch Networth Capital is an AIF player. It currently manages AUM of Rs.1000 crore across three ...

Since taxes and statutory charges are excluded from the total expense ratio (TER), the impact on expenses that fund houses can charge is likely to be limited to about 5 basis points (bps).

Syed Hassan, Chief Program Officer at CAMS, believes that MFDs cannot afford to delay their SIF distribution registration, as doing so could result in a loss of revenue, relevance and referrals.

Bajaj Life Insurance has launched the Bajaj Life India Consumption ULIP. The underlying benchmark will be the Nifty India Consumption Index.

Long-term mutual fund assets (aged more than 24 months) have surged to Rs.37 lakh crore in September 2025, compared with Rs.16 lakh crore in September 2020.

Under the MoU, the BSE StAR MF platform will train selected employees and agents of the Department of Posts and onboard them ...

The Wealth Company Mutual Fund, a Pantomath Group Company, has launched The Wealth Company Gold ETF. It is an open-ended scheme tracking the domestic price of gold. The New Fund Offer (NFO) will be ...

Agents’ commission cannot be left to insurers’ discretion; it has to be fixed by IRDAI, as mandated by the new Insurance Amendment Bill, 2025.

The Union Cabinet on Friday approved the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, under which the government has reportedly removed the proposal to allow insurance agents to ...