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SEBI has launched Mitra, which is a centralized platform for monitoring and management of passive MF Folio
Supervision by leading registrar and transfer agents, CAMS and KFIN Tech, MITRA aims to identify and increase investor protection by identifying and addressing dull folios. The platform helps track unclaimed dividends, unpublished units and other passive investments, ensuring that investors or their legal successors can rectify them efficiently.
By streamlining communication and providing an alert, Mitra Mutual Fund reduces the risk of fraud and mismanagement in the industry, strengthening transparency and investors confidence in the financial system.
Many iPos
Ajax Engineering Initial Public Offering (IPO) A heavy response was observed, exceeding 6.06 times, indicating a strong investor’s demand. This reflects the company’s growth ability and high market confidence in industry prospects.
On the other hand, the IPO of hexware technologies was overscreated 2.05 times, reflecting the stable investor interest, comparatively low -scale. Overbscription figures highlight investors’ spirit, where high demand often suggests strong infrastructure, industry approach or pricing attraction. Such strong participation can lead to a premium listing that can benefit investors and strengthen the market positions of companies.
Many AMCs have launched NFOs
Many asset management companies (AMCs) have started eating new fund offers (NFO) for various investor preferences and market segments.
Angelon AMC launched the Angel One Nifty Total Market Index plan, which offers exposure for a comprehensive Nifty Total Market Index. Groww Amc introduced Growww Nifty 200 ETF FOF Plan, which invests ETFS Keep an eye on Nifty 200.
Nippon AMC unveiled the Nippon India Active Momentum Plan, focusing on shares with strong speed trends. Union AMC rolled out the Union Gold ETF FOF Scheme, allowing investors to indirectly contact gold via ETF.
Bandhan AMC launched Bandra Nifty Next 50 Index Plan, which targets companies beyond this Nifty 50Finally, DSP Oswal AMC introduced the DSP Nifty Private Bank Index plan focusing on the development of the banking sector. These NFOs provide diverse investment opportunities, catering for various risk hunger and investment strategies, which helps investors to adapt their portfolio.
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