AMFI will track and publicly share data on 'choti' SIPs starting January, enhancing transparency for small investors.

Experts explain that mutual fund units qualify as capital assets under Section 2(14) of the Income-tax Act, 1961, and any transfer of such assets would ordinarily attract capital gains tax under ...

Gen II Fund Services announced rollout of Fenergo, an onboarding and lifecycle management solution designed to enhance KYC.

Getting a “KYC pending” or “on hold” message usually means one of three things: your mobile or email isn’t validated, your ...

The online transfer facility for mutual funds makes joint ownership of MFs as flexible as bank accounts for those holding ...

Micro SIPs have made mutual fund investing easier than ever, allowing anyone to start their investment journey with just Rs ...

The death of a loved one often leaves families struggling not just emotionally, but administratively. In India, transferring assets after a person’s death involves multiple authorities and legal ...

A provisional order has been issued under the Prevention of Money Laundering Act (PMLA) to attach an immovable property of Dhawan worth Rs 4.5 crore and a mutual fund of Raina worth Rs 6.64 crore in ...

Losing a loved one is emotionally challenging, and managing their financial matters can make the situation even more ...

Claiming mutual fund and bank account investments after a sudden death requires key documents and a step-by-step process for ...

Only if your KYC status is ‘validated’ can you can invest freely across mutual funds. If it is merely ‘verified’ or ...

SEBI is proposing significant changes to the KYC verification process for new mutual fund investors, aiming to streamline access and reduce delays. The regulator also plans to revise the mutual fund ...