Navi Mutual Fund files draft document to launch Navi Electric Vehicles and Driving Technology FoF, which will be benchmarked to STOXX Global Electric Vehicles & Driving Technology NET Index
New fund houses like Zerodha and Navi MF eye low-cost passive fund schemes to attract investors. Discount broking firm Zerodha has already become the biggest broking firm in terms of number of active clients
As per CBDT notification on February 13, PAN of a person allotted as of July 1, 2017, will become inoperative if it is not linked with Aadhaar by September 30, 2021
Nithin Kamath, Founder and CEO of Zerodha, confirms via a tweet that Zerodha has got the in-principle approval from SEBI, and that "now comes the hard part”
SEBI says repeated default will be defined as an event wherein a default on delivery obligations takes place three times or more during six months on a rolling basis
Proposed framework will make US stocks affordable to Indian retail investors. It is a first of its kind initiative at IFSC, where retail investors will be able to transact on NSE IFSC platform under LRS limits
Sebi board has also decided that lock-in period for the promoter shareholding in excess of the minimum 20 per cent has also been reduced from the existing one year to six months
At 09:18 hours, the 30-share BSE index was trading 371 points or 0.69 per cent higher at 54,194.11, and the broader NSE Nifty was up 65.4 points or 0.41 per cent to 16,196.15
