Mutual fund investments can soon be gifted using prepaid payment instruments (PPIs), with Sebi proposing a new framework. Individuals can purchase gift PPIs, capped at ₹10,000 and valid for one year, to transfer funds for mutual fund subscriptions. This initiative aims to attract new investors and enhance financial product accessibility.
7 investing lessons from Jim Leitner for building the right market mindset
Leitner believes investors should remain open to new ideas and recognise that markets can challenge even experienced participants.