SIP inflows reach  ₹26,400 crore: Do’s and don’ts for successful wealth building | Mint

SIP inflows reach ₹26,400 crore: Do’s and don’ts for successful wealth building | Mint

Source: Live Mint Systematic Investment Plans (SIPs) continue to maintain strong momentum as a favored investment strategy, with contributions reaching nearly ₹26,400 crore in January 2025, just shy of the record ₹26,459 crore in December 2024. This marks a slight dip of only 0.2%. Meanwhile, equity mutual fund inflows saw a modest decline of 3.6%…

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Goldman Sachs-owned, DII favourite small-cap stock drops 6% to hit record low after promoter pledges shares; do you own? | Stock Market News

Goldman Sachs-owned, DII favourite small-cap stock drops 6% to hit record low after promoter pledges shares; do you own? | Stock Market News

Source: Live Mint A small-cap stock, backed by global financial giant Goldman Sachs and held by popular domestic institutional investors (DIIs), plunged to a record low in intraday trade on Thursday, February 13, a day after the company disclosed that one of its promoters had pledged shares. Archean Chemical Industries’ share price crashed as much…

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The Secret to Managing Market Volatility: What Smart Investors Must Know About Systematic Transfer Plans | Mint

The Secret to Managing Market Volatility: What Smart Investors Must Know About Systematic Transfer Plans | Mint

Source: Live Mint Systematic Transfer Plans (STPs) offer an efficient and disciplined way to manage investments and navigate market volatility. By gradually shifting funds from one mutual fund scheme to another within the same fund house, STPs balance risk and reward for both new and seasoned investors. On Mint;s series Money Shots, Neil Borate, Editor…

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LIC-owned penny stock: Vakrangee shares hit 5% upper circuit. Do you own? | Stock Market News

LIC-owned penny stock: Vakrangee shares hit 5% upper circuit. Do you own? | Stock Market News

Source: Live Mint Shares of Vakrangee, one of India’s largest last-mile distribution platforms, surged 4.95% in intraday trade on February 13 to reach ₹15.92 per share, its upper price band, after the company announced that the Reserve Bank of India (RBI) had renewed its authorisation for White Label ATMs. In an exchange filing on Wednesday,…

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AU Small Finance Bank: RBI approves Temasek’s Zulia Investments to acquire up to 7% stake | Stock Market News

AU Small Finance Bank: RBI approves Temasek’s Zulia Investments to acquire up to 7% stake | Stock Market News

Source: Live Mint AU Small Finance Bank Limited (AU SFB), in an exchange filing, announced on Thursday, February 13 that the Reserve Bank of India (RBI) has approved Temasek’s Zulia Investments to acquire up to 7 percent stake in the company. “We hereby inform that AU Small Finance Bank Limited (“AU SFB”) has received a…

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ICICI Bank share price in focus as Prudential considers listing of ICICI Prudential Mutual Fund | Stock Market News

ICICI Bank share price in focus as Prudential considers listing of ICICI Prudential Mutual Fund | Stock Market News

Source: Live Mint ICICI Bank share price will be in focus on Thursday after its joint venture partner Prudential plc is considering listing of ICICI Prudential Asset Management by partial divestment of its stake in the company. “Prudential plc announced today that it is evaluating a potential listing of ICICI Prudential Asset Management Company Limited…

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