Unclaimed mutual fund money surged 21% to Rs 3,452 crore in 2024-25, primarily due to outdated investor details. Sebi addressed this with MITRA and revised nomination norms. Concurrently, the industry achieved record net inflows and significant growth in unique investors and SIP accounts.
Sebi board meeting: PMS rules overhaul, FPI commodity trades among key decisions to watch out
Sebi’s upcoming board meeting aims to discuss significant changes to portfolio management services and settlement regulations. Proposed revisions could allow discretionary portfolio managers to make