SEBI has proposed to permit asset management companies (AMCs) to extend their services to pooled non-broad based funds, including family offices. Currently, AMCs are restricted from managing or advising non-broad based funds without a portfolio management services (PMS) license. This new proposal aims to broaden the scope of AMCs’ services beyond broad-based pooled assets.
SIPs offer steady gains as most fund categories beat benchmark indices
In the last two years, systematic investment plans have shown remarkable performance, with small-cap funds leading with an average return of 14.25%. Retail investor monthly