The FinTech Hub
Source: Live Mint Index funds are investment vehicles designed to track a benchmark index. Their objective is to replicate the overall performance of the index they follow. When an investor places money into an index fund, the funds are allocated across the companies that constitute the chosen index, thereby offering a diversified portfolio. Index funds…
Source: Live Mint Israel-Hezbollah Ceasefire: Indian benchmark indices have witnessed some recovery after a notable correction last month, helped by a decisive victory for the BJP-led NDA alliance in Maharashtra state elections. This uptick has pushed the Sensex into positive territory for November, up over 0.5 per cent. Meanwhile, in another encouraging development, Israel and…
Source: Live Mint An NRI (Non-Resident Indian) who earns income both abroad and in India often encounters difficulties in managing finances. They also face challenges in keeping track of bank accounts in a foreign country, and sending money to their home account can be tricky. NRE (Non-Resident External) and NRO (Non-Resident Ordinary) accounts are the…
Source: Live Mint If you plan to file your income tax return (ITR) under the old tax regime, you can start making investments in some tax-free instruments in order to claim deduction under section 80C before the financial year comes to an end. There are a number of tax saving instruments that one can invest…
Source: Live Mint Top News Record Investments in SIPs Indian investors achieved a significant milestone in October, contributing a record ₹25,322.74 crore to Systematic Investment Plans (SIPs). The total number of SIP accounts also crossed 10.12 crore, demonstrating sustained growth in systematic and disciplined investment methods. IPO Market Updates The IPO market continued to perform…
Source: Live Mint Expert View: Abhijit Bhave, Managing Director and CEO, Equirus Wealth believes a 5-10% correction from current levels might be a fair expectation for stabilisation in the market. A strong earnings report card in the December quarter is what might bring some sense of relief in the market, he noted. Bhave also believes…
Source: Live Mint Around nine months after the stress tests for small and mid cap funds became mandatory for mutual fund houses, some of these funds would still require as long as 43 to 56 days to liquidate 50 percent of their portfolio in case of a stress event, reveals the latest data for October. This…
Source: Live Mint While the benchmark indices have declined by over 10 percent in the past one month on account of massive FII outflow to the tune of ₹94,000 crore, investors are getting profoundly jittery over the value of their portfolio, and rightly so. Besides, the search for value stocks is getting narrower by the day….
Source: Live Mint Investing in stocks is often described as simple but not easy. Yet, for much of the past twelve months, making money in the market seemed to be just that—simple and easy. It felt almost effortless. Any approach, from thoughtful strategies to pure intuition, seemed to yield handsome returns. The more you invested,…
Source: Live Mint The year 2024 is about to end in another six weeks. Investors are looking for different ways to maximise their gains in this Calendar year, while capping the losses to the bare minimum. With stock market indices in a free fall where Nifty has already declined 10 percent on FII sell-off, what…
