As KYC rules in Mutual Funds have changed since April 1, 2024, it has become necessary to get KYC done through Aadhaar and PAN. If the MF investor has done KYC using an Aadhaar card and PAN card, then his KYC status will be Validated. Only people with validated status can invest in all mutual funds.
Open FlipSchneider Electric Infrastructure, a prominent player in the heavy electric equipment industry, has emerged as a significant wealth generator for investors over the past year. With its shares climbing from ₹175 apiece a year ago to the current level of ₹747, investors have enjoyed an impressive return of 327%. For instance, an investment of ₹one lakh in the stock a year ago.
Open FlipEuropean stocks slipped on Thursday following mixed earnings from blue-chip companies such as Nestle and Deutsche Bank, while big M&A news in the mining sector powered Britain's FTSE 100 to fresh highs. The pan-European STOXX 600 index dipped 0.24% by 0745 GMT, hurt by losses in food and beverage and industrial good sectors. Tech stocks came under pressure after an underwhelming revenue outlook.
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