Sebi asks AIFs to provide direct plan option to investors; introduces trail model for distribution commission
Sebi asks AIFs to provide direct plan option to investors; introduces trail model for distribution commission
Source: livemint.com
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UTI Mutual Fund launches 'UTI Long Duration Fund'
UTI Mutual Fund (UTI) launches 'UTI Long Duration Fund', an open-ended debt scheme investing in debt and money market instruments such that the portfolio Macaulay Duration is above 7 years, the company said via an exchnage filing. The scheme will have a relatively high interest rate risk and relatively low credit risk. The NFO starts on March 6, 2023 and closes on March 15, 2023.
Source: freepressjournal.in
How Sebi is all set to make AIFs more investor-friendly
Winds of change are set to sweep the investment scenario in the country
Source: livemint.com
SEBI proposes measures to make AIFs more investor-friendly
The regulator’s consultation paper talks of adoption of trail commissions, and introduction of direct plans in AIFs.
Source: livemint.com
UTI Mutual Fund launches 'UTI Gilt Fund with 10 year Constant Duration'
UTI Mutual Fund has launched UTI Gilt Fund with 10 year Constant Duration, an open-ended debt scheme investing in government securities having a constant maturity of 10 years.
Source: equitybulls.com