The FinTech Hub
Source: Live Mint I want to redeem equity mutual funds this financial year but keep gains under ₹1.25 lakh to avoid capital gains tax. How can I check the split between principal and gains before withdrawing? Is there a portal, app or website for easy calculation? —Name withheld on request While there is no specific…
Source: Live Mint Purple United Sales IPO Allotment: After the successful closure of the initial public offering (IPO) of the fashion brand Purple United, investor focus has shifted to the IPO allotment, expected to take place today, December 16. Investors can check Purple United Sales IPO share allotment status online through the NSE website, and…
Source: Live Mint MFCentral (mfcentral.com), a mutual fund transactions platform jointly run by Computer Age Management Services Limited (CAMS) and KFin Technologies Limited (KFintech), has finally been converted into a separate joint-venture company. The platform, which has 2.5 million users, is run by registrar and transfer agents (RTAs) – Sebi-registered firms that provide services to…
