‼👣Weekly MF News👣‼ as on 19th June 2021

An Initiative by AIFA 🔥 SEBI: RIAs have to become a member of BSE’s arm before August 31, 2021 💥 AMFI on B-30: Satellite cities are B30 (Kalyan, Palwal & Maraimalai Nagar) 🔥 IDFC MF offers training support to MFDs’ successors 💥 MF industry adds close to 4 lakh new investors in May 🔥 PAN Card-Aadahr Linking Deadline 30th June https://eportal.incometax.gov.in/iec/foservices/#/pre-login/bl-link-aadhaar 💥 CAMS Report WBR56 can be used for checking the PAN-AADHAR Linking 🔥 SEBI imposes Rs.21 crore penalty on directors, CEO, fund managers of FT MF 💥 FT MF to approach SAT against SEBI’s order 🔥 Investors going towards sector funds for higher Returns 💥 NFOs: ICICI Pru Flexicap Fund, Axis Quant Fund & HDFC BAFS Fund 🔥 Despite pandemic, life insurance industry adds 1.77 lakh agents in FY 2021 💥 Rush for life insurance due to Covid Deaths 🔥 PFRDA permits withdrawal of NPS corpus of Rs 5 lakh without buying the annuity ❤🧡💛💚💙💜🖤❤🧡💛💚💙💜🖤 data compiled from #cafeMutual #EtMutualFund #ValueReserch #MorningStar ( Till 19/06/2021)MFI: