Harshad Mehta scam: How the investment ecosystem has changed since 1992

moneycontrol, Oct 14, 2020

The government decided to set up an agency or regulatory body known as the Securities Exchange Board of India in April 1992 to regulate the capital market and to protect the retail investors Prateek Pant A rogue trader, Harshad Mehta used the loopholes in the Indian Banking system & Bombay Stock Exchange transaction system to…

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Edelweiss launches healthcare index fund

livemint, Oct 6, 2020

Neil Borate • Fund will invest in 45 stocks and have a 70:30 domestic-global split, giving investors the benefit of equity taxation in India Topics new fund offer | Global investing Edelweiss  Asset Management Company has launched a domestic and world healthcare index fund with MSCI. The new fund offer (NFO), which will open on…

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Two female selectors talk ‘representation in the fund industry’

Citywireasia, Oct 5, 2020

HSBC Private Banking’s Virginia Devereux Wong and Sanctum Wealth Management’s Roopali Prabhu discuss female representation in fund management. This month Citywire released its 2020 Alpha Female Report that drew on an exclusive database of 16,000 fund managers. The overall percentage of female managers in the database has crept from 10.3% in 2016 to 11% this…

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Sebi revamps structure of multi-cap funds

Livemint, Sep 14, 2020

Neil Borate • Multi-cap funds will need to invest at least 25% of portfolios in large-, mid- and small-caps each, says Sebi circular • Existing schemes will have to comply with the circular within one month of Amfi publishing the new list of large-, mid- and small-cap stocks in January Topics multi-caps In a circular…

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