The average returns from banking sector schemes were 16.80% so far in 2022 as against 17.8% of the benchmark Bank Nifty index. The Nifty PSU Bank index has jumped 51.6% and the Nifty Private Bank index has gained 17.6% in this period.
Sebi clears PRIM route for PMS players to invest in mutual funds, SIFs; Rs 25 lakh minimum ticket
Sebi’s board approved PRIM, allowing portfolio managers to invest client money in direct mutual fund plans, ETFs, index funds and SIFs. The new route carries