Sebi has proposed monthly systematic investment plans (SIPs) for a low ticket size of Rs 250. This aims to promote financial inclusion by subsidising costs for intermediaries. Investors can invest through up to three Rs 250 SIPs across different fund houses. Sebi plans to offer incentives to distributors and execution platforms for driving subscriptions to these small-ticket SIPs.
Standard Glass Lining Technology Ltd’s IPO saw a remarkable 182.57-times subscription with heavy demand from QIBs, non-institutional investors, and retail individual investors. The IPO aimed […]
