Will I be able to invest in all funds?
No, you will only be able to view and invest in funds that US/Canada NRIs are eligible for.
Will I get any notification if the ranking of the funds I have invested in gets updated?
No, a separate notification will not be sent. You can view your Fund Quality split on the mutual funds tab of 'My Wealth'.
What will happen to my current investments?
Your current investments will not be impacted. You will be able to view all your investments on Scripbox. Some plans may be clubbed into Core Mutual Fund Portfolio.
Why can’t I see the Scripbox guided path when investing?
Due to limitations imposed by mutual fund companies on investments by US/Canada NRIs, we are no longer able to provide you with the right recommendations. Hence, this feature has been disabled. You will still be able to invest in funds...
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Tata Asset Management is considering buying a stake in UTI AMC
The potential merger would be another big deal in the AMC space. The impact on retail investors should be minimal. The benefits for both firms, though, seem to be real.
EPFO is Gung Ho on Equity; likely to enhance equity exposure to 20%
Increasing allocation into equities will allow EPFO subscribers to participate in the stock market materially. The large corpus under EPFO will also raise the demand for equity and bring in added liquidity. All in all, this is good for your equity wealth.
Should you shift your equity mutual fund SIPs to debt investment options in the falling stock market?
The equity market is on a roller-coaster ride due to worries over high inflation, the continuation of the Russia-Ukraine war and rising interest rates. The Sensex has fallen 14.6% as of June 24th, 2022 So, is it a good idea to shift your equity mutual fund SIPs to safe-haven fixed-income products such as debt mutual funds, bank fixed deposits etc.?
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