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Sebi Proposes To Stop Mutual Funds Mis-selling Through Advisory Model

There have been a number of amendments proposed to SEBI (Investment Advisers) Regulations 2013 in the recent consultation paper of the Securities and Exchange Board of India that does not augurs well for mutual funds, distributors as well as advisors. The ...

New transaction platform for mutual funds to be unveiled by BSE

The new mutual fund transaction platform by BSE is slated to be unveiled on March 6, 2014. With the launch of the platform christened as BSE StAR MFD, distributors as well as independent financial advisers (IFAs) in the industry ...

Single stage taxation may cause revenue loss: Experts

Punjab government's move of introducing single stage tax structure on certain items may cause revenue loss to the state exchequer, besides encouraging illegal trading activities, tax experts on Friday said. However, the state Excise and Taxation Department ruled out any ...

AMFI may launch 'MF Utility' portal by end of FY 2014

MUMBAI: The Association of Mutual Fund in India (AMFI) is likely to launch 'MF Utility' portal as a single platform for all mutual fund transactions by the end of this financial year, a top AMFI official said today. "We are ...