beneficiary

FPIs remain net buyers of Indian equities at Rs 7,320 crore in August

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FPIs remain net buyers of Indian equities at Rs 7,320 crore in August

Foreign Portfolio Investors (FPIs) were net buyers of Indian equities in August, purchasing shares worth Rs 7,320 crore. The total investments by them now stand at Rs 42,886 crore, so far in 2024. In July, FPIs bought domestic shares worth Rs 32,365 crore while in June, they were net buyers at Rs 26,565 crore after … Read more

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

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

Financial planners insist investors must make a nominee in their mutual fund units in their own interest. This makes transmission of units simple and hassle-free for the beneficiary. The deadline for this is extended to June 30. WHAT DOES NOMINATION MEAN IN THE CASE OF A MUTUAL FUND? Nomination is the process of appointing a … Read more