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A demat account is similar to a bank account that is used to hold financial securities electronically. However, some brokerage houses offer lifetime free demat and trading accounts, an interface where one can purchase and sell shares on stock exchanges like BSE and NSE. Here’s a list of companies offering free demat accounts: Prostocks is a Sunlight Broking LLP venture …
HDFC Mid-Cap Opportunites Fund managing assets worth ₹20,544 crore is the largest scheme in the mid cap mutual fund category. HDFC Mid-Cap Opportunities Fund's top five holdings include Balkrishna Industries, Aarti Industries, Ipca Laboratories, Cholamandalam Investment & Finance and Trent. The biggest mid cap mutual fund scheme has 13.67% of its portfolio invested in auto ancilliaries, 12% in pharma sector, …
The clarification follows Sebi seeking details from mutual funds about their exposure to all NBFCs and housing finance companies, amid concerns over liquidity in the system, according to sources. New Delhi: Capital market regulator Sebi on Friday said it has not issued any advisory to mutual funds against rolling over of their current exposure to Indiabulls Housing Finance and Dewan …
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