BUSINESS
HDFC Defence Fund to stop lumpsum investments and new STPs, restricts SIPs to Rs 10,000
The fund house has decided to limit its inflows due to a limited number of defence sector stocks.
BUSINESS
MC explains: Why smaller FDs work better than one large FD
Having multiple FDs lets you diversify across institutions, benefit from higher rates in some of them, and meet financial emergencies comfortably.
BUSINESS
Higher pension: EPFO field officers get 20 days to complete assessment of joint applications
The deadline for employees to file their joint applications to claim pension on their actual, instead of statutory salary, is June 26.
BUSINESS
Planning to look at MF stock picks last month and play copy cat? Here’s why you shouldn’t
Many investors pore over the monthly portfolios of funds and look to buy stocks purchased by fund managers the previous month, hoping to earn quick returns. But that may not be a wise strategy. Read on to find out exactly why.
BUSINESS
Future Generali India launches health insurance policy with multiple optional covers
Eight out ten customers looking for customisation are willing to pay for additional premium, private general insurer Future Generali’s study showed
BUSINESS
8 money changes to watch out for in June
From a revised locker agreement and new rules for mutual fund investments in minors' names to SEBI inviting comments on total expense ratio and applying for higher pension on actual salary, here’s what to watch out for.
BUSINESS
Small Savings Schemes: Income proof needed if investment exceeds Rs 10 lakh
The postal authorities have been asked to report cash transactions valued at Rs 10 lakh or above.
MCMINIS
Tech funds bounce back; time to invest?
BUSINESS
Ultra short duration funds: Riding rising rates
MCMINIS
Why investors are picking corporate-bond funds
MCMINIS
Why are long-duration funds becoming popular?
BUSINESS
Six changes in the financial landscape you need to take note of this May
From opting for higher pension to strengthening the conduct of investment advisers and research analysts, and e-wallets to comply with KYC norms for investing in mutual funds to SBI card reducing benefits to credit cardholders, a lot is happening. Here’s what to watch out for in May.
BUSINESS
Former Sebi chief UK Sinha joins Nippon MF as independent director, board chairman
Sinha was chairman of SEBI from February 18, 2011 to March 1, 2017. He was succeeded by Ajay Tyagi.
BUSINESS
Come Akshay Tritiya and gold ETFs shine
Though Akshay Tritiya is considered an auspicious occasion to buy gold, do not bet all your money on gold in one go.
MCMINIS
Silver catches up with gold to reward investors
The safe haven demand and the fears of economic slowdown made investors go for gold.
BUSINESS
Debt taxation impact: Axis Mutual Fund, ABSL MF withdraw NFOs
The withdrawals of the schemes came as investor focus shifted to existing debt funds after the government introduced changes to the mutual fund taxation in the Finance Bill.
MCMINIS
Cut your tax liability with right choices
60 percent of the proceeds of the accumulated corpus in the National Pension Scheme can be withdrawn tax free at the time of maturity. Choose your investment carefully.
MCMINIS
Liquid funds: Beware of exit loads
SEBI introduced graded exit loads on units of liquid funds.
MCMINIS
Last-minute tax planning: 3 things to look at
At times, just top-ups in existing investments might suffice
MCMINIS
Volatility brings back demand for gold
BUSINESS
ED conducts searches on Franklin Templeton's Roopa Kudva, Vivek Kudva and others
The raids are being conducted in connection with senior Franklin Templeton officials withdrawing their personal money from the fund house's six schemes days before these were formally wound up and investors' money got locked up
BUSINESS
Where are the women fund managers?
BUSINESS
India Fintech Conclave | Indian regulations are like exams, but you come out wiser at the end: Prakarsh Gagdani, 5Paisa
Experts say regulations have helped the number of demat accounts grow from three crore to around 11 crore and broking industry penetrate into newer cities, with millions of investors coming into direct investing.
BUSINESS
SEBI pauses B-30 commissions till mutual funds revamp systems
SEBI had permitted fund houses an additional expense ratio of 30 bps on new inflows (up to Rs 2 lakh) from retail investors for incentivising mutual funds garnering funds from B-30 cities.
