What sets them apart, and how do they stack up against existing investment options? Here’s a deep dive into everything you need to know. What are SIFs? SIFs are specialized investment funds. They are high-risk, high-return versions of traditional mutual funds. An SIF will have a minimum ticket size of â‚ą10 lakh across all SIFs. …
The market regulator tightened rules for independent advisers and research analysts by imposing deposit requirements and restrictions on the scope of advice to enhance transparency and protect investors. The new guidelines—following the amendment notified on 16 December—aim to reinforce compliance and ensure better segregation of services between independent advisers (IAs) and research analysts (RAs), according…
Behind the polished facade of India’s banking industry, a concerning trend is emerging: a growing number of bank employees are selling mutual funds without the necessary qualifications, putting customers’ hard-earned money at risk. To meet aggressive sales targets, branch managers are often pressured to push these products, even if their employees lack the required certifications….
