Eight largecap funds turned a monthly SIP of Rs 10,000 into over Rs 1 crore in two decades. The Aditya Birla SL Frontline Equity Fund and HDFC Top 100 Fund achieved Rs 1.38 crore with an XIRR of around 15.45%. Other noted funds include Kotak Bluechip and Tata Large Cap Fund.
Sebi permits use of mutual funds for IAs, RAs deposit compliance
Sebi has allowed investment advisers and research analysts to use liquid mutual funds and overnight mutual funds for meeting their mandatory deposit requirements, providing an