Weekly Roundup – February 27

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CAMS brings you a weekly glimpse into the key news in the BFSI sector, both in India and abroad. Regulatory updates or important news, here are some which might have had an impact on the sector…

 

The value of goods that were traded across International border fell by 13.8 % in dollar terms. This is the first contraction since 2009 , according to Netherlands Bureau of Economy Policy Analysis’s World Trade Monitor .

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Indian Mutual Fund witnesses impatience behavior of equity investor. Read more to know how people have been investing in Mutual Funds ……

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Mutual Fund investments are considered to be safe way for retail investors to participate in Capital Markets. There are expectations to include Mutual Funds as apart of Jan Dhan Yojna..

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To make use of unclaimed redemption and dividend amount , Securities and Exchange Board of India (Sebi) on Thursday relaxed mutual fund norms to allow asset management companies to invest this amount in separate liquid and money market schemes.

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According to economic survey presented in Parliament, RBI could redeploy the capital at its disposal for recapitalising the Public Sector Banks. This may help in addressing economy’s critical short term challenge of public sector banks

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Computer Age Management Services (CAMS) is India’s premier Mutual Fund Transfer Agency serving over 60% of assets of the industry across 15 Mutual Funds. Leveraging superior technology, CAMS brings several innovative services to Mutual Fund investors and distributors. CAMS is also a service partner to leading insurance companies, banks, NBFC’s and alternate investment funds. To know more visit www.camsonline.com

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Published by

Sudarshan Ranganthan

Breaths Investments, Suggests Wealth Creation Ideas, Lives on Law Of Attraction

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