Common platform for mutual funds to help investors in service-related transactions
SECTIONS
Last Updated: Jul 28, 2021, 09:47 AM IST
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Markets regulator Sebi s decision on a common platform for mutual funds will be a big step in the direction of improvement in investor services, industry insiders said on Tuesday. The platform will permit investors to place both transaction as well as service requests.
The regulator, in a circular, on Monday asked registrars and transfer agents (RTAs) to develop a common industry-wide platform for purchase and sale of mutual funds and to handle service requests. The platform will be jointly built by RTAs.
Foreign portfolio investors (FPIs) remained net buyers to the tune of Rs 12,266 crore in the Indian market in the first five trading sessions of February, as positive sentiment post-Union Budget 2021 sparked a rally in investment. As per FPI statistics available with depositories, overseas investors pumped in a net Rs 10,793 crore into equities and Rs 1,473 crore in the debt segment between February 1-5. During the period under review, the total net investment stood at Rs 12,266 crore. In the previous month, FPIs invested a net sum of Rs 14,649 crore in Indian markets. Kotak Securities Executive Vice-President and Head (Fundamental Research) Rusmik Oza said, The outcome of the Union Budget has sparked a rally and led to FPI inflows. The sharp jump in capital expenditure and glide path of keeping fiscal deficit at elevated levels till 2025-26 will lead to a strong economic revival and higher earnings growth in future.
FPIs pump in Rs 10,793-crore into equities in first 5 sessions of February
As per FPI statistics available with depositories, overseas investors pumped in a net Rs 10,793 crore into equities and Rs 1,473 crore in the debt segment between February 1-5
PTI | February 7, 2021 | Updated 14:06 IST
During the period under review, the total net investment stood at Rs 12,266 crore
Foreign portfolio investors (FPIs) remained net buyers to the tune of Rs 12,266 crore in the Indian market in the first five trading sessions of February, as positive sentiment post-Union Budget 2021 sparked a rally in investment.
As per FPI statistics available with depositories, overseas investors pumped in a net Rs 10,793 crore into equities and Rs 1,473 crore in the debt segment between February 1-5.
FPIs remain net buyers at Rs 12,266 crore in first 5 trading sessions of February
As per FPI statistics available with depositories, overseas investors pumped in a net Rs 10,793 crore into equities and Rs 1,473 crore in the debt segment between February 1-5. PTI
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Foreign portfolio investors (FPIs) remained net buyers to the tune of Rs 12,266 crore in the Indian market in the first five trading sessions of February, as positive sentiment post-Union Budget 2021 sparked a rally in investment.
As per FPI statistics available with depositories, overseas investors pumped in a net Rs 10,793 crore into equities and Rs 1,473 crore in the debt segment between February 1-5.
As per FPI statistics available with depositories, overseas investors pumped in a net Rs 10,793 crore into equities and Rs 1,473 crore in the debt segment between February 1-5.