In a major regulatory shift, all mutual fund units held in Statement of Account (SoA) format—once infamously rigid—will ...

Fidelity International is poised to offer products that attract mainland investors chasing higher returns from overseas funds, according to people familiar with the matter.

Transfers, gifts and joint holder changes for non-demat mutual fund units can now be done online — but tax treatment differs ...

Indian benchmarks traded mixed as profit booking in financial stocks countered optimism from U.S.-China trade talks and ...

The approval enables Tata Asset Management to expand its global presence and offer a broader range of offshore investment products.

The approval marks a significant step in expanding Tata Asset Management's offshore product suite and facilitating global and outbound investment opportunities, in line with its ambition to evolve ...

President Donald Trump is pushing a program that would create and put his name on investment accounts for babies if the GOP ...

If you gift mutual funds to: – Your spouse, or – Your minor child (not a disabled child), Then any income or capital gains generated from that investment is clubbed with your income. You gift Rs.1 ...

Bandhan AMC has announced the beginning of its GIFT City operations with the launch of three India ... with domestic investors using the mutual fund route for wealth creation and preservation. With ...

Mirae Asset Mutual Fund is set to launch outbound fund that will allow resident Indian investors to invest through Gift City. So far, GIFT City has been mainly limited to inbound fund offerings, ...

India’s 5th largest mutual fund distributor gifts shares worth Rs 33 crore to employees The planned gift involves 175,000 shares, representing 0.4 per cent of his stake in Prudent.