The approaching deadline of March 31, 2024, serves as a loud alarm for mutual fund holders to be prepared. One significant change impacting mutual fund investors is the requirement to undergo Know Your Customer (KYC) procedures again. Mutual fund registrar and transfer agents (RTAs) CAMS and KFintech are urging MF investors via email to ensure they comply with this essential requirement.
Open FlipChina stocks rose on Friday as optimism from evidence of state-backed buying offset lingering worries about the property sector. The Hong Kong market was closed for a public holiday. ** Sentiment was boosted by mutual fund disclosure showing state investor Central Huijin has been buying stakes in bluechip funds to bolster the market. ** But property shares fell after a string of Chinese property.
Open FlipThe post-pandemic jump in demand for ready-to-move-in flats has run up against the wall of rising cost. Experts say currently, they are witnessing a considerable shift in investor preference towards more affordable under-construction properties, driven by rising real estate prices. According to a report by property consultancy Knight Frank India, average home-purchasing costs in the country.
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