Rs 250 SIP: Kotak Mutual Fund launches Choti SIP to help more investors in wealth creation

Rs 250 SIP: Kotak Mutual Fund launches Choti SIP to help more investors in wealth creation

Kotak Mahindra Asset Management Company Ltd (KMAMC) has announced the launch of ‘Choti SIP’, a novel initiative to make mutual fund investments more accessible to Indians. This new offering allows individuals to start investing with a minimal monthly contribution of Rs 250, a move intended to broaden the reach of mutual funds in line with … Read more

New asset class: Will promote concept of domestic MF participation in F&O, Deepak Shenoy on Sebi’s proposal

New asset class: Will promote concept of domestic MF participation in F&O, Deepak Shenoy on Sebi’s proposal

Sebi’s new asset class: Hours after the SEBI floated its idea to launch a new asset class, which will have more flexibility than a regular mutual fund scheme and lower ticket size than portfolio management services (PMS) and will cater to investors with a high-risk appetite.  The new investment asset will be offered under the mutual … Read more