SEBI is considering changes to mutual fund categorisation to prevent portfolio overlaps, potentially capping overlap at 50% for certain funds. The regulator proposes standardised scheme naming for clarity, like ‘large cap scheme’ and renaming some debt schemes. Solution-oriented funds may face lock-in periods for new investments.
Oil Price Today (September 30): Crude oil at $104 as Trump rejects easing Iran sanctions. What are experts saying?
Brent crude futures rose $1.14, or 1.11%, to $103.73, while US West Texas Intermediate crude gained 15 cents, or 0.30%, to $89.50 a barrel. Brent