[ad_1] The Securities and Exchange Board of India (SEBI) has recently modified nomination rules to simplify the process for demat accounts and mutual fund (MF) folios. The changes aim to make asset transmission smoother and more flexible for investors. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty […]
Sebi issues guidelines to revamp the nomination process for mutual funds – CNBC TV18
[ad_1] The Securities and Exchange Board of India (Sebi) on Friday (January 10) issued guidelines to revamp the nomination process for mutual fund folios and demat accounts to enhance transparency and minimise unclaimed assets in the securities market. Company Value Change %Change The new norms will come into effect from March 1 and cover a […]
Sebi introduces liquidity window facility for investors in debt securities – CNBC TV18
[ad_1] Sebi on Wednesday (October 16) introduced a liquidity window facility for investors in the debt securities through a stock exchange mechanism. The liquidity window facility allows investors holding listed debt securities to sell them back to the issuer using a put option on specific dates, ensuring liquidity. This facility, available from November 1, will […]
Demat accounts reach 17.5 crore in September 2024 – CNBC TV18
[ad_1] The total number of demat accounts in India surged to 17.5 crore in September 2024, according to Motilal Oswal Financial Services. This marks an increase of 44 lakh accounts added in the month. This brings the average monthly additions to 40 lakh for the financial year 2024-25. In September 2024, Central Depository Services Limited […]
Zerodha’s Nithin Kamath highlights SEBI’s new rules for share trading: Key changes and implications – CNBC TV18
[ad_1] In an update for investors, Nithin Kamath, founder of Zerodha, announced a new set of rules from the Securities and Exchange Board of India (SEBI) that will transform the way shares are traded and settled in India. Starting from October 14, 2024, shares bought by investors will be directly credited to their demat accounts […]
SEBI’s new nomination rules for demat and mutual fund accounts: Key changes you should know – CNBC TV18
[ad_1] SUMMARY The Securities and Exchange Board of India (SEBI) has introduced new rules that align the nomination process for demat accounts and mutual funds. Announced at a board meeting on September 30, 2024, the changes allow investors to nominate up to 10 individuals for their accounts. By Anshul October 4, 2024, 2:10:15 PM IST […]
SEBI expands insider trading regulations, streamlines nomination norms – CNBC TV18
[ad_1] In a significant move to enhance the regulatory framework surrounding insider trading, the Securities and Exchange Board of India (SEBI) has announced amendments aimed at bolstering investigations without imposing additional compliance burdens on market participants. One key change involves expanding the definition of ‘connected person’ in insider trading regulations. SEBI will now include partners […]
Total demat accounts in India cross 171 million – CNBC TV18
[ad_1] India’s stock market is experiencing a significant influx of new investors. As of August 2024, the number of demat accounts in India has surpassed 171 million, exceeding the populations of Russia, Mexico, and Japan. According to the latest report from depositories, the total number of demat accounts crossed this milestone for the first time. […]
Bombay HC orders SEBI, NSE, and BSE to pay ₹80 lakh for illegal freezing of demat accounts – CNBC TV18
[ad_1] The Bombay High Court has imposed ₹80 lakh in costs on the Securities Exchange Board of India (SEBI), National Stock Exchange (NSE) and BSE for the illegal freezing of demat accounts belonging to Dr. Pradeep Mehta and his son, Neil Pradeep Mehta. The court ruled that the actions against the father-son duo were “illegal […]