Where there is a Will, it is easier for legal heirs to claim money lying with mutual funds that was left behind. But in the absence of a Will and Nominee, complications arise and paperwork mounts
Market regulator wants to improve liquidity for exchange traded funds (ETFs) and make passive funds more efficient in tracking underlying indices
After a big splash of cryptocurrency advertisements by Bollywood stars and celebrities last year, the Advertising Standards Council of India issued guidelines, effective April 1. Nearly 29 violations have been processed so far
Holding many bank accounts has its benefits, but for those who are not financially disciplined, keeping track of multiple cheque books, debit cards, net banking user IDs and passwords, and minimum monthly average balance can be quite cumbersome.
Estate planning is often left for the last minute, kept secret even from beneficiaries, and not given priority. Such mistakes can be harmful.
Markets ended on a negative note today with the Nifty ending below 16,150 points and Sensex falling 236 points. Among sectors, IT, pharma, metal, FMCG, power, and realty indices fell 1 percent each. Meanwhile, Delhivery's stock listed with 10 percent gains.
Are you planning your retirement kitty? There are two options available, NPS or EPF. But which one is a better option for you? Sumaira Abidi tells you the difference.
Logistics and supply chain startup Delhivery had a quiet listing on Dalal Street, however the shares are finding investor interest. Going beyond the buzz, Moneycontrol spoke to the management, on future plans and network expansion.
Axis Bank’s Amitabh Chaudhry said Axis Mutual Fund is keeping Sebi updated of its investigation and will take further action if anything is found against any more individuals. Investigation will go on for four-six weeks
Students pursuing studies abroad could be in for tough times as rupee depreciation vis-à-vis the US dollar is likely to push up their overall cost of education, especially living expenses
The most important document that is referred to at the time of the making a claim is the proposal form that is filled out when applying for the insurance policy
Arbitrage Funds: Though these schemes work better with a timeframe of at least one year, investors are looking at it for the very short term, typically up to three months.
The promoters, who are privy to all information related to the company, floats an IPO at a time of their choice through the book-building process with the help of one or a team of top-notch lead managers. Everyone responsible for bringing the IPO to the market, has an incentive. That’s why one hardly ever finds an under-priced IPO.
SEBI sets investment limits for debt ETFs and index funds and norms for market makers.
Indian benchmark indices came off earlier highs and ended on a negative note after traders booked profits during the last hour of trade. JSW Steel, Tata Steel, NMDC were among top losers on announcement of increased export duty by the government. #bajargupshup #marketswithmc
Kotak Emerging Equity Fund, a MC30 mutual fund scheme, has given consistent returns since its inception. Despite its large size, the fund has managed to manoeuvre its portfolio deftly so far
A big lesson for investors, who fell for flashy crypto advertisements by their favourite Bollywood celebrities last year, is to do their own research and not follow the herd
In 2021, many celebrities, including Bollywood stars, advertised cryptocurrencies, on the back of a bull-run in virtual currencies. But since November 2021, crypto prices have seen a massive crash leaving retail investors high and dry, especially, those taken in by the celebrity advertisements.
Deepak Agarwal was an equity research analyst and assistant fund manager of Axis Consumption ETF, Axis Quant Fund and Axis Value Fund
Several banks have already announced hike in interest rates on home loans linked to repo rates post RBI's policy action on May 4, while others could increase their rates from June 1
A clean break from the investing style of 2020-21 is inevitable. Investing must be value-driven as money is going to hunt more for safety
Ensure that you do your due diligence when renewing your health insurance so that you don’t have to face any issues in the future
Active choice is better suited for savvier investors, while others can choose the passive mode – auto choice - of investing.
Axis Mutual Fund has terminated the employment of their chief dealer & fund manager Viresh Joshi. Sumaira Abidi brings you up to speed on the latest developments & the recommendation for unit holders.