The capital markets regulator has proposed sweeping changes to the total expense ratio or TER – the annual fee that mutual funds collect from unit holders – that will result in the cost of investing their schemes declining. Some of these suggestions have met with strong opposition from mutual funds and intermediaries like distributors, who fear the moves would impact business in a big way.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20