Monday, 23 Apr 2018
Category: Mutual funds

TRI-Mutual Fund Investors Must Care About this New TRI Benchmark

What’s TRI? It’s something a mutual fund investor should know. TRI, or Total Return Index, tracks both the capital gains of a scheme and assumes that any cash distribution, such as dividends, are reinvested back into the index. Markets regulator SEBI released a circular on Jan. 4 asking fund houses to benchmark a scheme’s performance […]

AADHAR is now mandatory for new Demat and trading accounts

From now on, we shall be making collection of Aadhaar mandatory for all new clients, i.e. including Online, Offline and Non individuals (including corporate accounts, partnerships etc.). The Aadhaar scan shall be attested and collected as an additional attachment. Things to remember: 1) For all offline accounts, along with Aadhaar number having to be filled, […]