Sebi introduces flexicap category in mutual funds

MUMBAI: Market regulator Sebi has introduced a ‘flexicap category’ in mutual funds. Schemes in this category must invest at least 65% of their corpus in stocks. However, there are no restrictions in terms of large, medium or small cap allocation. In September, Sebi had introduced new rules for multi-cap funds, …

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Democrat Joe Biden on the brink of victory

Joe Biden is also currently at the helm in key states of Georgia and Nevada (archive) Washington: Democrat Joe Biden took the lead in the key battlefield state of Pennsylvania on Friday, where a victory for the former vice president would push him beyond the threshold of electoral votes needed …

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