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Closing a bank account linked to mutual fund investments disrupts transactions like SIPs, SWPs, and payouts. Investors should promptly update bank details with the AMC to avoid delays and maintain seamless investment operations.
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News and Media
PMSBazaar.com reported stellar 2024 performances in Alternative Investment Funds (AIF). Finavenue Growth Fund led with 132% returns, followed by Negen Undiscovered Value Fund (57%), and Carnelian Assets Structural Shift Fund (47%).
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News and Media
Infosys shares fell nearly 6% due to a muted outlook for the fourth quarter and cautious sentiment regarding Donald Trump's expected policies. The stock closed at 1,817.50, down 5.8%. The Nifty IT Index fell 2.7%. Midcap IT companies are trading at higher valuations than large-cap players. IT stocks may face uncertainty from a global slowdown.
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News and Media
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