After Zerodha, Groww launches first index fund following Sebi approval
The scheme will predominantly invest in equity, while a small portion of funds will be invested in debt and debt market instruments.
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The scheme will predominantly invest in equity, while a small portion of funds will be invested in debt and debt market instruments.
SEBI considering allowing mutual funds to charge higher expenses for direct plans, bypassing distributors.
The market regulator makes it mandatory for mutual fund houses to disclose the TER of all schemes on a daily basis on their websites as well as the AMFIs website. There are guidelines on the maximum TER a fund house can levy on its actively managed mutual fund schemes (equity-oriented and debt-oriented) and the passively managed mutual fund schemes.
Investors who already have investments in a regular mutual fund plan should note that their decision to shift to a direct plan is bound to have tax implications.
Strong growth prospects for Jupiter Wagons and an attractive valuation have made this stock an emerging play in the small-cap capital goods space.