BUSINESS
Minimum assured return NPS plan for risk-averse investors on the cards: PFRDA chief
Citizen and corporate models to grow fastest going forward; approval for minimum assured return scheme expected soon, says PFRDA chief Supratim Bandyopadhyay
BUSINESS
What's the attraction of short-term debt funds?
BUSINESS
Revised rules for safe deposit lockers, new KYC norms to buy insurance: 6 money changes in January to watch out for
The New Year is set to usher in a string of changes that will affect your money box. From renewing your bank locker agreement to taking note of revised insurance KYC norms and mutual fund rules, here are six developments you ought to bear in mind.
BUSINESS
Why overseas investing still makes sense
BUSINESS
What happens if your mutual fund SIP gets cancelled?
The SIP mandate can get cancelled if the SIP bounces for three consecutive months. PGIM Mutual Fund has recently given a leeway of four months before SIP cancellation. Make sure you have enough money in your bank account around your SIP dates.
MCMINIS
ELSS funds save tax and create wealth too
There is no compulsion to sell the investments in ELSS after lock-in ends. Lock-in helps investors to ride out the volatile phases of stock market.
BUSINESS
Coming soon: Well regulated execution-only platforms for investing in direct mutual fund schemes
These EOP regulations not only protect investors but also define a profitable business model with revenue visibility.
BUSINESS
Competition in the R&T space will boost innovation: KFin Tech’s Sreekanth Nadella
Nadella added that it was because of innovation that the company was able to offer elevated service and compliance levels at scale.
BUSINESS
When fund managers, SEBI, Bollywood star and MasterChef descended on Moneycontrol's first MF summit: Key takeaways
From charting the mutual fund industry's walk from Rs 40 trillion to Rs 100 trillion in the next five years, debating the prolific rise of social media influencers in financial advice or FinFluencers, to predicting which among the two- active or passive fund management- will win the case, Moneycontrol's MF Summit set the agenda for the Indian mutual fund industry ahead
BUSINESS
Moneycontrol Mutual Fund Summit | Regulations the way forward for ‘finfluencers’ community? Experts weigh in
Important to achieve balance between decoding complex financial concepts in the language that retail consumers understand and oversimplifying without stating all the risks clearly, say mutual fund industry stakeholders
BUSINESS
Central Bank of India, Union Bank offer lowest interest rates on gold loans
MCMINIS
Silver ETFs add shine to the investor portfolio
BUSINESS
Coming soon: Wider mandate for UPI to facilitate investments
Reserve Bank of India governor Shaktikanta Das said UPI will soon allow single-block-and-multiple debit functionality. Investments in the capital markets and mutual funds are set to be among the bigger beneficiaries
BUSINESS
Double-digit growth in life insurance sector to continue, new proposals to boost business: Milliman India
The regulatory changes proposed by IRDAI will give a further boost to growth and also improve penetration, says actuarial firm Milliman India has said
TRENDS
Sebi asks mutual fund houses to act against dubious Telegram groups
Prompt action must be taken against any activities or posts on social media that go against the interests of asset management companies, the market regulator said.
MCMINIS
Value funds do better than flexi-cap funds
BUSINESS
IRDAI eases investment and solvency norms, allows corporate agents up to 9 tie-ups
The insurance regulator said the amendments will promote ease of doing business and simplify the process of setting up an insurance in India.
BUSINESS
Union Budget 2023: AMFI asks for no LTCG on units of equity funds if held for 3 years
One of the demands if for uniform taxation of capital gains from mutual funds and Unit-Linked Insurance Plans issued by insurance companies.
BUSINESS
Mutual fund investors to get dividend payments within 7 days from record date
In case of redemption or repurchase of units, the fund houses are told to payout the proceeds within three working days.
MCMINIS
MF schemes investing in auto sector do well
BUSINESS
Motilal Oswal AMC to accept subscriptions in three international funds
Motilal Oswal S&P 500 Index Fund, Motilal Oswal MSCI EAFE Top 100 Select Index Fund and Motilal Oswal Nasdaq 100 Fund of Fund will reopen for fresh subscription.
BUSINESS
Kotak General launches ‘Meter’, a 'pay-as-you-use' car insurance optional add-on
The rider benefit offers up to a 40 percent renewal discount or cash-back to policyholders with limited car usage. This is applicable to the own damage component, and not the mandatory third-party insurance element
MCMINIS
Which equity schemes topped performance charts?
PERSONAL-FINANCE
Personal loans | Banks that offer the lowest interest rate on a Rs 5-lakh loan
Bank of Maharashtra, Bank of India and State Bank of India offer interest rates between 8.9-10.55 percent on personal loans
