Investors will have to submit MF requests early
Investors will have to put in their transaction requests early to avoid delays in purchase and redemptions by one working day. For purchase of liquid funds and overnight funds, the cut-off time for getting the previous day’s NAV has been advanced by an hour to 12.30 pm.
Coronavirus scare: Mutual fund houses to allow only online transactions for now
Association of Mutual Funds in India or Amfi said that mutual fund houses will allow only online transactions through various electronic modes for now, as they have been asked to close their collection centres / branch offices from today.
NSE may get Sebi relief on 37% stake sale in CAMS
NSE currently owns a little over 37 per cent stake in CAMS through one of its subsidiaries, NSE Investments Limited (NSEIL).
Sebi directs NSE to divest entire 37% stake in CAMS
CAMS is the largest share registrar and transfer agent in the Indian markets with a market share of more than 60 per cent in several segments.
CAMS launches edge360, a comprehensive platform for mutual fund distributors and advisors
The platform’s features are designed to address the need-gaps of distributors in terms of data and reports.
CAMS investors look for partial exit via IPO
New York-based $79 billion private equity firm Warburg Pincus is the largest shareholder with 43.5 per cent in the company.
Banks are adopting account aggregator framework on data
Account aggregators are responsible for transferring, but not storing, client data. An AA ecosystem, as envisaged by the Reserve Bank of India (RBI), would be a platform for financial services companies to reach out to the consumer to seek consent before using their personal data to optimise their product offerings.
CAMS launches ‘ELSS One View Statement’
‘ELSS One View Statement’ does not include investments in non-ELSS funds and any mutual funds unit holdings in demat mode.
NSE, Warburg Pincus backed CAMS files draft papers for Rs 1,600 crore IPO
The IPO will be an offer for sale (OFS) of 1,21,64,400 equity shares of face value Rs 10 each.
myCAMS crosses 2.5million registered investors for MF services
The percentage of investors signing up from cities beyond the top 30 locations has been on an increase.
AgustaWestland case: ED alleges lobbying to influence UPA-era officials and politicians
The ED opposed Christian Michel’s bail in Delhi High Court last week, alleging that the middleman was responsible for “carrying out the liasoning activities with the political leaders of the then ruling party, bureaucrats and ministers”.
From CamScanner to Cheatsheet, Deepak Sahni shares his list of favourite apps; talks digital detox, multitasking
Deepak Sahni on trusting multiple mobile devices and apps for productivity.
Amazon may be watching your cloud cam footage
An Amazon team also transcribes and annotates commands recorded in customers’ homes by the company’s Alexa digital assistant, Bloomberg reported in April.
POCO X2 with 64MP Quad-cam, 120 Hz display, LiquidCool tech launched in India at Rs 15,999
There's a 20MP dual front camera for enhanced selfies.
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