A sponsor of a mutual fund or its associates cannot hold more than 10% in any other asset management company or have a board seat, according to new Sebi norms
3 min read29 Dec 2017Sebi's proposal to allow mutual funds and portfolio management services firms to invest in commodity derivatives is aimed at increasing liquidity in the segment
2 min read8 Dec 2017Sebi to review MF norms, new share auction rules
5 min read2 May 2012The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared