Other Fund Management Activities: Portfolio Management Services Identifying the Appropriate Fund Management Entity (FME) Any registered FME, whether servicing retail or non-retail sectors, has the capability to deliver Portfolio Management Services (PMS) to its clientele. Client Categories Eligible for Portfolio Management Services Several categories of clients qualify to benefit from the portfolio management services offered by an FME: Persons residing outside India Non-Resident Indians (NRIs) Non-individual residents in India capable under the Foreign Exchange Management […]

Understanding Environmental, Social and Governance (ESG) The Fundamentals of ESG The term ESG is engineered to motivate businesses and investors to critically evaluate the potential implications of their activities on the environment, society, and governance structures. This ESG evaluation aims at ensuring proactive identification and subsequent management of sustainability-related aspects on a continual basis. ESG Applicability Threshold for FMEs A Fund Management Entity (FME) managing assets valued above USD 3 billion at the end of […]

Is Narayana Health Insurance Model a Gamechanger for India’s Healthcare System? Healthcare solutions in India have received a substantial facelift through one product that holds great promise for India’s medical insurance challenges. Owned by Devi Shetty, Narayana Health Insurance heralds a new era with its innovative combination of health insurance and healthcare. This article explores whether the Narayana Health Insurance model could be a gamechanger for India’s healthcare system. Bridging the Gap: Health Insurance Meets […]

SEBI Plans to Bring Finfluencers Under Regulatory Ambit The Securities and Exchange Board of India (SEBI), represented by Kamlesh Varshney during the Mint Annual BFSI Summit & Awards, announced a plan to implement stricter norms for financial influencers, or finfluencers, into the Indian financial market. Risks of Unregistered Finfluencers Lately, the Indian financial market has been facing a major issue with the operations of unregistered finfluencers. Numerous investors who lack sufficient knowledge have fallen victim […]

Gift City: A Promising Opportunity for Mutual Funds Introduction New Delhi: Mutual funds may soon have an opportunity to invest in companies traded in Gujarat’s Gift City exchanges beyond the usual cap implemented for their overseas investments. This development comes as the government opens up the special economic zone for direct listing of Indian firms.   IFSCA Expert Panel Recommendation A 16-member expert panel, appointed by the International Financial Services Centers Authority (IFSCA), recommended a […]