SEBI launches validated UPI handles and SEBI Check to prevent payment fraud

SEBI launches validated UPI handles and SEBI Check to prevent payment fraud

The Securities and Exchange Board of India (SEBI) has launched two new digital initiatives — Validated UPI Handles and SEBI Check — designed to boost payment security in the stock market and protect investors from fraudulent fund collections. Under the new system, SEBI-registered intermediaries such as brokers and mutual funds will operate through an exclusive…

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Explained: How to switch from dividend to growth option in mutual funds

Explained: How to switch from dividend to growth option in mutual funds

At the time of investing in mutual funds, each scheme requires you to choose between two options— ‘growth’ and ‘IDCW’ (income distribution cum capital withdrawal). Many investors end up making a random selection as they do not understand the implication of opting for either. Many investors begin their mutual fund journey by choosing the dividend…

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