BUSINESS
These 5 banks offer the lowest interest rates on education loans
Loans carry interest rates of 6.75-7.15 percent
BUSINESS
HDFC Mutual Fund files for nine exchange traded funds with SEBI
So far, the fund house has had just a few passively-managed funds.
MUTUAL-FUNDS
SEBI bans pooling of money and mutual fund units by online platforms and brokers
These rules will now be effective from July 1, 2022.
MCMINIS
Can we predict debt funds’ returns? Broadly
It works for schemes that follow roll-down strategies and target maturity plans.
MUTUAL-FUNDS
SEBI introduces swing pricing in debt funds
The swing pricing – partial for normal times and full swing pricing for times of market dislocations- will be implemented from March 1, 2022.
MCMINIS
Buying a health cover? Mind pre-existing illnesses
BUSINESS
HDFC, Kotak Pension Tier-II funds top three-year return charts
None of the funds managed to beat the BSE Sensex
BUSINESS
SEBI’s investor charter to go live, to lay down investors’ rights
A separate charter will be applicable for stock exchanges and financial intermediaries.
MUTUAL-FUNDS
SEBI clears way for launch of silver exchange-traded funds in India
Silver has been an integral part of investors’ commodity portfolio globally. As per etfdb.com, five silver ETFs account for assets worth USD 13.7 billion.
MUTUAL-FUNDS
SEBI revises risk management framework for mutual funds
The new RMF comes into effect from January 1, 2022. The fund houses are asked to prepare a roadmap for the implementation of the new framework.
MCMINIS
What is medium duration fund?
Historically, these funds also hold some securities with slightly lower rating.
MCMINIS
What is cumulative bonus in health insurance?
Health insurance policyholders get ‘rewarded’ in the form of cumulative bonus for not making claims
BUSINESS
These banks and housing finance companies offer the cheapest home loans
In the backdrop of RBI's status quo on policy rates and banks' concessional interest rates on home loans during the festive season, it is time for those who are paying substantially higher rates to switch lenders
MCMINIS
Gold fund of funds or ETF - which one’s better?
Gold FOFs do not require demat account but they charge higher than that of the underlying ETF.
MCMINIS
Now, buy COVID insurance policies till March 2022
You can now buy and renew COVID-19-specific policies until the end of this financial year.
BUSINESS
NJ Mutual Fund to launch balanced advantage fund
NJ, India’s largest MF distributor, can take advantage of its distribution network.
MCMINIS
Investors’ choice: Healthcare sector funds
Amidst the gloom cast by Covid-19 last year, healthcare mutual funds made a strong comeback.
BUSINESS
Kotak Mutual Fund to launch multicap fund, NFO opens on September 8
Multicap funds were re-classified as flexicap funds after the SEBI circular in September 2020.
BUSINESS
Union Bank, Central Bank of India offer the lowest rates on personal loans
Interest rates start at 8.9 percent for a Rs 5-lakh loan
MCMINIS
NPS’ equity allocation for senior citizens
NPS’ equity allocation for senior citizens
MUTUAL-FUNDS
Franklin Templeton Mutual Fund schemes receive Rs 148.75 crore from Vodafone Idea
Investors holding units of these schemes’ side pockets will receive the money in their bank accounts in next few days. This payment is different from the liquidation proceedings of the six wound-up schemes that is also going on.
MUTUAL-FUNDS
SEBI issues further guidelines for disclosure of risk-o-meter to mutual funds
Risk-o-meter mechanism was revamped by SEBI in October 2020 and it was made effective from January 1, 2021. New guidelines become effective from October 1, 2021.
BUSINESS
Punjab & Sind, Canara Bank offer the lowest rates on gold loans
Interest rates range from 7-8.75 percent
MCMINIS
Why did consumption focused funds underperform?
