Claiming equity-based mutual funds give an average 15 percent return on investment over a five-year period, ICICI Prudential Mutual Fund said that it plans to tap rural and Tier II cities going forward.
Market regulator SEBI today said
regulations that prohibit employees of a company from selling
his/her firm`s shares if he/she has bought them in the past
six months, or vice versa, do not apply to ESOPs.