Most dedicated retirement funds have only been around for a few years. Recently, Sebi sought to define such products by carving out a separate category—solution-oriented funds. Retirement funds come under this basket and carry a lock-in of five years or until retirement, whichever is earlier.
Very happy with UK enforcement order against Mallya, says SBI MD"We have recovered Rs 963 crore from auction of Vijay Mallya's Indian assets," Basu, who became the MD of SBI earlier this week, added.
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