SEBI questions mutual funds over selling misleading small-cap schemes to elderly citizens

SEBI questions mutual funds over selling misleading small-cap schemes to elderly citizens

SEBI, the regulatory authority in India, is stepping up its oversight of small-cap funds. They’re now seeking information from individual asset management companies (AMCs) regarding the sale of these funds to super senior citizens. This move aims to ensure greater protection for elderly investors. The news was initially covered by Mint. Investment advisors suggest that … Read more

Cost Puts HIV-Preventing PrEP Out of Reach for Many

Yet, at the same time, the cost of a month’s supply of 30 tablets rose from $1,350 to $1,638, the study authors noted. But isn’t PrEP covered by insurance? Yes and no, Furukawa said. “PrEP is covered by nearly all insurance plans, most state Medicaid plans and Medicare,” he noted. “However, out-of-pocket costs … Read more