Best large cap mutual funds to invest in December 2024
According to the Sebi mandate, the large cap mutual funds are mandated to invest in top 100 companies by market capitalisation. Large companies fare better in a volatile market as these companies may be market leaders and resilient to downturns. That is why if you are looking for a relatively safer mutual fund category, you should consider investing in large cap funds. Sebi tackles tech glitches with new online monitoring mechanism for system audits of brokers
The paper addresses the growing complexities of trading systems and the rising risks of technological glitches. The proposals aim to enhance audit practices, fostering a stronger regulatory framework. Public comments are invited until December 26. Sebi cancels Trafiksol SME IPO, asks company to refund investors' money
Market regulator Securities and Exchange Board of India (Sebi) on Monday cancelled the SME IPO of Trafiksol ITS Technologies, which was earlier put on hold by BSE pending investigation, and asked the company to refund the money to the investors. Adani Ports shares jump 5.5% on achieving 36 MMT cargo volume in November
Shares of Adani Ports rose 5.5% after reporting a 21% growth in November cargo handling and a credit rating upgrade for Gopalpur Ports. Adani entities apply for settlement in response to Sebi show cause notice
Entities linked to Adani Group have sought a settlement with Sebi over alleged public shareholding norm violations. They filed settlement applications following a show cause notice from Sebi. These actions involve key figures, including Vinod Adani, and four listed companies: Adani Enterprises, Adani Power, Adani Ports, and Adani Energy Solutions. Sebi's investigation dates back to 2020. Sebi orders finfluencer 'Baap of Chart' to refund fee collected from investors
Capital market regulator Sebi has barred Nasiruddin Ansari and associates, operators of the Baap of Chart platform, from accessing the securities market for providing unregistered investment advisory services. Sebi instructed them to refund Rs 17 crore to investors through an escrow account and publish notice in national newspapers. Sebi gives nod to Shriram Properties' CMD Murali Malayappan for indirect acquisition
Sebi’s exemption order on Monday stated that the indirect acquisition would not alter the control of Shriram Properties, with the promoter and promoter group retaining a 27.94% stake in the company post-acquisition. Property Share REIT IPO: Check subscription, price band, and other details
The REIT IPO of Property Share Investment Trust (PSIT) witnessed a muted response on the first day of bidding with just 3% subscription so far. Institutional investors are yet to open their account in the ongoing issue. Property Share Investment Trust is India's first registered small and medium real estate investment trust. Borana Weaves files DRHP with Sebi for IPO
Borana Weaves Limited, a Surat-based synthetic grey fabric manufacturer, has filed its DRHP for an IPO. The proceeds will be used to fund a new manufacturing unit and for general corporate purposes. The company reported revenue of Rs 199 crore and a profit of Rs 23.59 crore for the year ended March 2024. Best short duration mutual funds to invest in November 2024
According to the Sebi mandate, short-duration funds can invest in debt instruments with maturities between one and three years. That means these schemes are meant for short-term investments of up to three years or more. Supreme Court refuses stay on SAT order in Cairn India buyback case
The Supreme Court refused to stay a tribunal order that quashed SEBI's action against Cairn India, now part of Vedanta Ltd. SEBI had penalized Cairn India for violating buyback rules. The company successfully appealed against the penalties, arguing unforeseen market conditions. SEBI's appeal against the tribunal's decision will be heard by the Supreme Court. Sebi penalises Reliance Securities for breach of norms
Capital markets regulator Sebi on Friday slapped a monetary penalty of Rs 9 lakh on Reliance Securities for flouting market norms as well as stock brokers rules. Best medium to long duration funds to invest in November 2024
According to Sebi norms, medium to long term funds have a mandate to invest in debt and money market instruments in such a way that the Macaulay's duration of the portfolio is four to seven years. Since these schemes invest in long-term debt instruments, they are considered risky. What happens to your trade if there's a BSE or NSE outage?
In response to potential technical glitches or cyber attacks, Sebi mandates NSE and BSE to act as alternative trading venues to ensure business continuity. This plan comes after a notable 2021 incident at NSE, where a 4-hour outage caused significant disruption and losses for traders. Best medium duration mutual funds to invest in November 2024
As per Sebi mandate, medium duration funds must invest in debt and money market instruments with Macaulay duration of three to four years. As you can see, medium duration funds are suitable for investors looking to invest for three to four years or more. However, you should check the portfolio duration of the scheme to ensure that the scheme is in line with your investment horizon. Hikal settles case with Sebi, pays Rs 43.9 lakh
Last year on August 22, Sebi issued a show cause notice to the chemical company, alleging failure to give adequate and timely disclosures and giving false misleading disclosures to stock exchanges in relation to seven events related to an incident which occurred due to illegal discharge of a hazardous chemical, Sodium Hydrosulphide, from a tanker. Govt slaps fine on Sun Pharma officials over related party transactions
Sun Pharmaceutical Industries Ltd has been penalized by the Ministry of Corporate Affairs for non-disclosure and failure to obtain necessary board and shareholder approvals for certain related party transactions in the past. The penalties apply to certain past and present directors and officials. The issues relate to transactions from financial years 2014-15 to 2018-19. Sebi orders NSE, BSE to act as alternative trading venue on outage on one exchange
Indian market regulator today gave its go ahead to NSE and BSE to act as alternative trading venue at the time of outage on either exchange. The exchanges will now have to prepare an SOP (Standard Operating Procedure) that should include a plan to be invoked at the time of outage and submit it within 60 days. Govt slaps fine on Sun Pharma officials over related party transactions
Sun Pharmaceutical Industries Ltd has been penalized by the Ministry of Corporate Affairs for non-disclosure and failure to obtain necessary board and shareholder approvals for certain related party transactions in the past. The penalties apply to certain past and present directors and officials. The issues relate to transactions from financial years 2014-15 to 2018-19. Kotak Mutual Fund files draft documents with Sebi to launch 3 funds
Kotak Mutual Fund filed draft documents with Sebi to launch three funds: Kotak Nifty 100 Equal Weight ETF, Kotak Nifty AAA Financial Services Bond Mar 2028 Index Fund, and Kotak MSCI India ETF. These funds aim to track specific indices and provide exposure to different asset classes. Sebi modifies interim directions for Axis Capital in merchant banker norms violation case
Sebi on Tuesday modified its interim order prohibiting Axis Capital Ltd from engaging in any transactions in the debt segment that involve providing credit risk cover, guarantees and indemnities for the purchase of pledged shares until further notice. Sebi, in its interim order in September, prohibited Axis Capital from undertaking new assignments as a merchant banker, arranger, or underwriter for debt securities until further notice. Solarworld Energy Solutions secures Rs 110 cr in pre-IPO placement round
Solarworld Energy Solutions secured Rs 110 crore in pre-IPO funding, lowering the fresh issue in its upcoming IPO to Rs 440 crore. Investors, including ValueQuest, purchased shares at Rs 352.05 each. The company plans to use the majority of the IPO proceeds to build a 1.2 GW solar manufacturing facility in Madhya Pradesh. NSE, BSE face profit risk from proposal for clearing firms
India's stock exchanges, NSE and BSE, may face profit declines if the SEBI implements proposed clearing house ownership changes. The regulator suggests diversifying ownership for market stability, impacting bourse earnings. Two options are proposed: a 100% sell-down or a phased reduction to 15% ownership. This adds to revenue pressures from stricter derivatives trading rules. Solarworld Energy Solutions secures Rs 110 cr in pre-IPO placement round
Solarworld Energy Solutions secured Rs 110 crore in pre-IPO funding, lowering the fresh issue in its upcoming IPO to Rs 440 crore. Investors, including ValueQuest, purchased shares at Rs 352.05 each. The company plans to use the majority of the IPO proceeds to build a 1.2 GW solar manufacturing facility in Madhya Pradesh. Best conservative hybrid mutual funds to invest in November 2024
Mutual fund advisors are recommending hybrid funds for 2024 due to global economic uncertainties. Conservative hybrid funds, investing primarily in debt, are recommended for cautious investors seeking moderate returns. The article lists top-performing conservative hybrid funds based on a specific methodology. Sebi begins inquiry into alleged false statements by Adani Group
The regulator has sought information from stock exchanges regarding Adani Green Energy's communications on US investigations, they said, and will consider launching a formal probe after receiving the reports from the bourses. Sebi investigating whether Adani Group flouted disclosure rules: Report
India's market regulator, SEBI, is investigating Adani Green Energy Ltd. for potential disclosure violations regarding a US Justice Department bribery probe. The investigation centers on whether Adani Green adequately informed investors about the investigation and its scope, particularly the involvement of individuals linked to the Adani Group. Sambit Patra slams Rahul Gandhi over press conference, refers to Adani allegations as political gimmicks
BJP spokesperson Sambit Patra refuted Rahul Gandhi's allegations against Gautam Adani and SEBI chairperson Madhabi Puri Buch, calling them baseless. Patra likened Gandhi's accusations to past claims that lacked evidence. Gandhi, however, alleged a connection between Adani and PM Modi, pointing to the recent indictment of Adani and two executives by U.S. prosecutors for bribery. Rahul Gandhi's demands probe against Adani's 'protector' Madhabi Puri Buch
Congress leader Rahul Gandhi has demanded the arrest of businessman Gautam Adani following allegations of bribery and fraud in the US. Gandhi also called for the removal and investigation of SEBI chief Madhabi Puri Buch, accusing her of protecting Adani. Sebi’s new framework on index derivatives kicks off, first leg live today
Sebi's six-step framework for index derivatives officially began on November 20, with the first leg going live. The new rules impose higher margin requirements for index derivatives expiring on the same day, with a 2% increase in the Extreme Loss Margin (ELM). This marks the start of SEBI’s phased approach to improve risk management and streamline derivatives trading, set for full implementation by April 2025. Patels Airtemp (India) settle disclosure violation case with Sebi
Patels Airtemp (India) on Tuesday settled a case with capital markets regulator Sebi related to an alleged violation of disclosure rules by paying a settlement amount of Rs 28.53 lakh. Heavy machinery company Patels Airtemp (India) is a BSE-listed entity. SME IPO: Sebi mulls doubling application size up to Rs 4 lakh, floats consultation paper
SME IPO: The Securities and exchange board of India (Sebi) on Tuesday ?released a consultation paper and sought public feedback on suggestions made by the stock exchanges and merchant bankers to increase the application size. Best focused mutual funds to invest in November 2024
According to Sebi norms, focused equity mutual fund schemes must invest in a portfolio of maximum 30 stocks. These schemes have no other restrictions when it comes to investing- like flexi cap schemes they can invest in any market capitalisations and sectors. If that investment strategy appeals to you, you can get to know more about focused equity schemes. Sebi orders four online bond platforms to cease operations
These entities include AI Growth and Texterity - owner and operator of altGraaf, Purple Petal Invest, which owns Tap Invest, and Berkelium Technologies, which operates Stable Investments. Sebi halts operations of three online platforms selling unlisted bonds; orders probe
The stock market regulator is also looking into the angle of fraud perpetrated by these entities - Altgraaf, Tap Invest and Stable Investments. Altgraaf is seen to have facilitated the sale of over Rs 4,400 crore NCDs for 75 companies and Tap Invest Rs 400 crore for over 100 companies as of November 18. Sebi is probing the exact amount raised through Stable Investments. Scammers using hope, fear and greed to cheat investors, says Zerodha's Nithin Kamath
Nithin Kamath warns about the increasing online fraud scams targeting investors. He advises caution and verification before making investment decisions. He emphasizes not acting in haste and avoiding opportunities that seem too good to be true. These scams exploit human emotions like hope, fear, and greed. Emerging India Focus Funds settles FPIs violation case with Sebi; pays Rs 64.35 lakh
The Securities and Exchange Board of India (Sebi) initiated adjudication proceedings against the applicant and issued a showcause notice in February for the alleged violations of FPI Regulations and Intermediaries Regulations. Sebi's mutual fund NFO timing rule ill-timed? Here's a reality check
Sebi has proposed new rules for Mutual Fund investments. The market regulator wants MFs to invest funds from new schemes within 30 days. If there is a delay, MFs can invest in the next 30 days with permission. Sebi may bar MFs from launching new schemes if they fail to comply. 'Madhabi Buch scandal' is not just insider trading, it is case of direct conflict of interest: Rahul Gandhi
Rahul Gandhi intensified his criticism of SEBI Chairperson Madhabi Puri Buch, alleging she is entangled in conflicts of interest that benefit corporations at the expense of the public. Gandhi and Congress leader Pawan Khera released a video detailing Buch's alleged financial ties to companies like Mahindra & Mahindra and Wockhardt, the latter currently under SEBI investigation. The gamification of India’s investment landscape: Why investor protection must come first
India's retail investment boom is driven by tech and gamification but raises risks. Regulatory reforms on transparency, investor education, and gamification practices are essential to ensure long-term financial stability. Sebi set to ease angel fund norms, boost startup funding
Sebi in a move to help upcoming startups have proposed several measures to ease up investor channels. These proposals are in hopes of limiting the investors to the right risk appetite. Sebi proposes accountability for AI use by market infra institutions, intermediaries
This is proposed with the aim of ensuring data privacy, security, and integrity, especially with sensitive investor information. In its consultation paper, Sebi said that the market infra institutions should also be accountable for any actions taken based on AI outputs. Nifty Bank bids farewell to weekly expiries from today. So no more F&O losses?
The Securities and Exchange Board of India (SEBI) is implementing new regulations that limit weekly expiry options contracts to just one per exchange. This change will impact Nifty Bank, which previously had weekly expiries and was popular among retail traders. SEBI aims to curb speculative trading and encourage long-term investment strategies. Manjushree Tech, Inventurus get Sebi nod for IPOs
Inventurus Knowledge Solutions and Manjushree Technopack have received the Securities and Exchange Board of India's approval to proceed with their initial public offerings (IPOs). Sebi extends deadline till Nov 26 for comments on proposed specified digital platform
Markets regulator Sebi on Tuesday extended the deadline for public comments till November 26 on the proposal concerning requirements for recognition as specified digital platforms (SDPs). Earlier, the comments from the public were sought till November 12. Kanalytics offers solutions to help listed cos comply with Sebi rule on mkt rumours
Following this, the top 100 listed entities began verifying market rumours from June 1 this year, while an additional 150 (or top 250) listed entities will follow suit from December 1 onwards. Sebi gives nod to Inventurus and Manjushree Technopack to float IPOs
After refiling their IPO documents in August, the companies gained regulatory approval between November 4 and 8. Their shares will be listed on the BSE and NSE Best large & mid cap funds to invest in November 2024
Large & mid cap mutual funds invest most of their corpus in the large and mid cap stocks. As per the Sebi mandate, these schemes are open-ended equity schemes that invest a minimum of 35% of total assets in large cap companies, and a minimum of 35% of total assets in mid cap stocks. This smallcap, multibagger stock to trade ex-bonus from tomorrow. Do you own?
A 3:1 bonus share issue means that for every 1 share a shareholder already owns, they will receive 3 additional shares as a bonus Sebi proposes to widen UPSI ambit
Sebi proposes to widen UPSI ambitIn its consultation paper, Sebi has proposed that only agreements, including shareholder, joint venture and family settlement, that affect the management and control of the firm and are known to the firm should be considered price-sensitive and included in the illustrative list of events under the definition of UPSI. NSE wants to launch IPO not for share price discovery but for transparency sake
NSE wants to launch IPO not for share price discovery but for transparency sakeThe NSE IPO has experienced delays since it initially filed its draft red herring prospectus (DRHP) in 2016. This was met with objections due to the co-location scam, where certain brokers gained an unfair advantage by obtaining faster access to NSE’s systems, data, and trading facilities, disadvantaging the broader market. Edelweiss Mutual Fund files draft document with Sebi for a target maturity fund
SEBI warns investors against unauthorised trading platforms
Sebi directs Embassy Office Parks to suspend CEO Maiya
Sebi directs Embassy Office Parks to suspend CEO MaiyaEmbassy Office Parks Management Services is manager to Embassy REIT, the country's largest real estate investment trust with a market capitalisation of ?40,000 crore. The regulator has asked the company to appoint an interim CEO. Sebi issues Rs 130 cr demand notices to 5 entities in Reliance Home Finance fund diversion case
Sebi orders Embassy Office Parks to suspend CEO for violating compliance norms
Sebi orders Embassy Office Parks to suspend CEO for violating compliance normsSebi directed Embassy Office Parks to suspend CEO Aravind Maiya following an NFRA order that debarred him for ten years over alleged professional misconduct linked to his role as an auditor for Coffee Day Enterprises. NFRA's findings highlight serious lapses in audit standards and due diligence under Maiya's watch. Sebi cautions investors against unauthorized virtual trading, gaming platforms
Elcid Investments shares skyrocket another 20% in 4 days
Sebi slaps Rs 50 lakh fine on Sunil Lulla for violating market norms in Eros International matter
Primary markets can become as efficient as secondary markets
Primary markets can become as efficient as secondary marketsSEBI's technology-driven efforts have accelerated IPO timelines significantly, reducing them from months to days. Reevaluating the mandatory 50% allocation to retail and HNI investors could further streamline IPO processes and improve market efficiency, suggesting alternatives like increased institutional involvement or mutual fund schemes for retail investors. Sebi mulls measures to facilitate ease of doing biz for ESG Rating Providers
Sebi mulls measures to facilitate ease of doing biz for ESG Rating ProvidersMarkets regulator Sebi suggests changes to the framework for ESG Rating Providers, especially those using a subscriber-pays model. Sebi recommends exemption from disclosing ESG ratings to stock exchanges and sharing reports with subscribers and rated issuers simultaneously. The proposals aim to improve clarity and transparency in ESG ratings. Public comments on the proposals are invited until November 15. UPL, chairman Jaidev Shroff settle case with Sebi over trading violations, pay Rs 20.2 crore
Sebi plans to set a time frame for deployment of NFO funds
Mutual funds will now have to deploy NFO proceeds within 30 days, says Sebi
66,92,534% gain in a trading day? Yes, that's Elcid
66,92,534% gain in a trading day? Yes, that's ElcidSo when Elcid Investments, a little-known sparsely traded micro-cap holding company made this eye-popping surge in Tuesday's trade, Dalal Street participants took notice. The extraordinary surge in the stock was on account of a special call auction for price discovery in investment holding companies, organised by stock exchanges. Congress hurls fresh 'conflict of interest' charge against Sebi's Madhabi Buch
Swiggy ups primary fundraise to Rs 4,499 crore in IPO, cuts secondary share sale
Sebi proposes allowing shared contact details for non-individual clients to simplify compliance
SEBI chief Madhabi Buch protecting Adani's money, but who's protecting her?: Rahul Gandhi
Three mutual fund houses file draft documents with Sebi to launch 3 thematic funds
Sebi’s new framework on gold: Here are 5 things to know
Sebi’s new framework on gold: Here are 5 things to knowInvestments in gold can take various forms, including physical gold, Sovereign Gold Bonds, Gold ETFs, and the newly introduced Electronic Gold Receipts (EGRs). India’s annual gold demand is around 900–1,000 tonnes, but it lacks a liquid spot market for price discovery. SEBI’s new framework aims to enhance price discovery through the proposed gold exchange, benefiting investors. Angel One pays Rs 5.74 crore to settle case with Sebi
Angel One pays Rs 5.74 crore to settle case with SebiBrokerage firm Angel One on Friday settled a case related to an alleged violation of regulatory norms with the capital markets regulator Sebi after paying Rs 5.74 crore towards settlement charges. The settlement order came after the applicant (Angel One Ltd) proposed to settle the instant proceedings initiated against them, "without admitting or denying the findings of facts and conclusions of law". Sebi comes out with periodic reporting format for research analysts, proxy advisers
"Who is behind plan to protect her": Rahul Gandhi on SEBI's chairperson reluctantancy to face questions of parliamentary panel
RBI rejects top cop Asthana’s appointment to board; delay in notification an oversight, says REL
Madhabi Puri Buch to not attend key PAC meet today due to 'emergency work'
Madhabi Puri Buch to not attend key PAC meet today due to 'emergency work'SEBI chief Madhabi Puri Buch will miss the Parliament's PAC meeting on Thursday because of emergency work. The meeting will involve a performance review of regulatory bodies. Political tensions have risen, with BJP members opposing the committee's call for Buch, accusing the chairperson Venugopal of having political motivations. Sebi bars merchant banker First Overseas Capital from managing public issues
Madhabi Puri Buch likely to appear in key PAC meet scheduled tomorrow
Madhabi Puri Buch likely to appear in key PAC meet scheduled tomorrowSEBI chief Madhabi Puri Buch will face the Parliament's Public Accounts Committee amidst political tensions. BJP member Nishikant Dubey accused the committee's chair, Congress MP Venugopal, of politicizing the investigation following allegations by US firm Hindenburg. BJP members vow to challenge any unrelated issues raised. Groww Mutual Fund files draft document with Sebi for Nifty 500 Momentum 50 ETF
Adani Energy shares tumble 4% on Sebi notice for alleged misclassification of shareholding
Trading in F&Os can't be national pastime: Ashwani Bhatia
Sebi brings MF transactions under insider trading ambit
Sebi bans Onelife Capital Advisors, promoters from securities markets for alleged fund diversion
Sebi issues framework on associations b/w mkt intermediaries, unauthorised financial advisors
Sebi tightens insider trading regulations for mutual funds
Sebi tightens insider trading regulations for mutual fundsSebi strengthened the regulatory framework in relation to prohibition of insider trading in units of mutual funds. AMCs shall disclose the details of the holdings of Designated Persons of AMCs, trustees and their immediate relatives on aggregate basis from November 1, 2024 on quarterly basis. F&O cannot be a national pastime, says Sebi member Ashwani Bhatia
F&O cannot be a national pastime, says Sebi member Ashwani BhatiaSebi's Ashwani Bhatia said India's F&O volumes are the largest globally, but F&O cannot be a national pastime. Investors should participate in wealth creation through mutual funds or directly. Sebi study highlighted that 93% of individual F&O traders lost money from FY22–FY24. Jaro Education files draft papers with Sebi to mobilise Rs 570 crore via IPO
The ghost of Harshad Mehta: Is RBI's distrust of brokers hindering retail participation in G-Secs?
NSE increases lot sizes for all 5 index derivative contracts after Sebi order
NSE increases lot sizes for all 5 index derivative contracts after Sebi orderThe new measure will take effect from November 20, 2024, for all newly introduced index derivatives contracts, including weekly, monthly, quarterly, and half-yearly, according to an NSE circular. The Nifty50 lot size has been increased threefold, from 25 to 75 contracts, while the Nifty Bank lot size has doubled from 15 to 30. How is Sebi's new asset class different from mutual funds, PMS and AIF
How is Sebi's new asset class different from mutual funds, PMS and AIFSebi's new asset class aims to provide an alternative to traditional investments like mutual funds, portfolio management services, and alternative investment funds. These offerings, termed ‘Investment Strategies,’ will differentiate them from conventional mutual fund schemes, enhancing diversity in the country's investment landscape. Zee files settlement application with Sebi over alleged lapses
Zee files settlement application with Sebi over alleged lapsesZee Entertainment Enterprises has sought a settlement with SEBI to resolve investigations into alleged corporate governance lapses and financial irregularities. The company aims to close the probe by paying a fine or taking corrective actions, while maintaining investor confidence without admitting or denying the allegations. Homebuying decision may be impacted if mortgage rates cross 9 pc: FICCI-Anarock survey
Homebuying decision may be impacted if mortgage rates cross 9 pc: FICCI-Anarock surveyFICCI and Anarock's survey shows nearly 90 per cent of people believe mortgage rates above 9 per cent will affect their home-buying decisions. If rates stay below 8.5 per cent, 71 per cent remain unaffected. Real estate is a preferred investment option, with timely completion, construction quality, and ventilation being top demands. Residential market growth and regulatory impacts were also highlighted. NSDL settles depository violation rule case with Sebi; pays Rs 3.12 cr
Sebi moots voluntary 'Put' to boost liquidity in corporate bonds
Sebi moots voluntary 'Put' to boost liquidity in corporate bondsA put option refers to a facility provided by bond issuers for holders of bonds to sell them back at a pre-determined price before maturity. Entities issuing debt securities which are proposed to be listed may at their discretion provide the liquidity window facility at the time of issuance of such instruments. Shorter settlement cycle for FPIs can lead to 'efficiency gains' of Rs 2,000 cr a year
New settlement mechanism for FPIs to lead to efficiency gains of Rs 2,000 crore per annum: Sebi
Sebi hikes position limits for index F&O
Sebi hikes position limits for index F&OThe overall position limits for client and proprietary trades, in index futures and options contracts will be set at ?7,500 crore or 15% of the total open interest or outstanding positions in the market, Sebi said in a circular on Tuesday. This would come into effect immediately. Sebi green lights issues of Sagility, Senores Pharma
Sebi raises F&O position limits to above Rs 7,500 crore or 15% of total OI
