Eligible mutual funds must have a minimum operational history of 3 years and an average AUM of at least Rs 10,000 crore over the same period. Additionally, neither the sponsor nor the AMC can have faced any regulatory action under sections 11, 11B, or 24 of the SEBI Act, 1992 within the past 3 years.
US stocks today: US stocks end higher, boosted by tech gains, US-Iran peace hopes
US stocks closed higher as AI-driven tech rally lifted the Nasdaq and S&P 500 to fresh record highs. Nvidia gained after unveiling a new chip