ET In The Classroom: Why a nomination in your mutual funds helps

As per fund houses, a large number of mutual fund folios do not have nominations, though the exact number is unknown. Nomination was not compulsory earlier in demat accounts and mutual funds and this led to many investors skipping these details.

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Dollar jumps after strong US payrolls report

The US dollar index jumped significantly following the Labor Department’s report indicating an increase of 165,000 jobs last month, which far exceeded economists’ forecasts. As