Closing a bank account linked to mutual fund investments disrupts transactions like SIPs, SWPs, and payouts. Investors should promptly update bank details with the AMC to avoid delays and maintain seamless investment operations.
Foreign Portfolio Investors have exhibited a selling trend in Indian equities, with outflows of Rs 555 crore in July, marking a reversal after three months
Indian benchmark indices faced profit booking, with Nifty declining by 1.22% and Sensex shedding 925 points. FMCG outperformed, while Defence and IT sectors declined. Analyst
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