Welcon Financials Private Limited

The reforms, which were anticipated by the industry, will make it easier for investors to evaluate their options before investing Moneycontrol News The Securities and Exchange Board of India (SEBI) on Friday announced some reforms in the mutual funds industry. The regulator has categorised mutual funds into five schemes — equity, debt, hybrid, solution oriented, and other schemes. Fund houses will be allowed to have one scheme in each category, except for index funds/ETFs tracking indices, fund of funds and thematic schemes investing in different sectors. The move is to bring in uniformity in the characteristics of similar type of schemes launched by different mutual funds and to standardise the scheme categories. The regulator wants funds to clearly distinct schemes in terms of asset allocation, investment strategy, etc. The reforms, which were anticipated by the industry, will make it easier for investors to evaluate their options before investing. “The regulat

Life is made up of dreams... When we were a child, life was full of dreams....... Every class brought new ideas, new heroes in front of us. We wanted to implement those ideas and be like them - heroes in our fields. But we were told to be practical and forego of those dreams. Many of these dreams died a forced death. Welfin tries to bind together all these dreams, plan for the resources to finance them and handhold implementation of the plan to achieve those dreams. MAY ALL OUR DREAMS COME TRUE!!

"If to do were as easy as to say- what were good to do, chapels would be churches and poor man’s cottages, prince’s palaces”-says Shakespeare At Welfin, we try to plan your finances to achieve your dreams. All along the journey we hold your hands and wade through the ‘financial jungle’ together. Welfin is product neutral, need a centric and relationship-oriented organization which aims to make a change in the way society saves and channelizes its savings using the early planning approach-in very practical way.