Stay updated with breaking news from Validate claims. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
At present, Asset Management Companies (AMCs) calculate the performance of mutual fund schemes. Similarly, portfolio managers have been permitted to report their performance vis-a-vis certain benchmarks. The claims made by these intermediaries are mostly self-verified and currently there is no dedicated agency to validate such claims. ....