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Source: Business Standard Additionally, large-cap funds saw drop in inflows to Rs 1,769 crore. 2 min read Last Updated : Oct 10 2024 | 4:01 PM IST Equity mutual funds attracted Rs 34,419 crore in September, marking a decline of 10 per cent from the preceding month, on a sharp slump in inflow in…
Source: Live Mint Cases involving prominent fund houses like Axis Mutual Fund and Quant Mutual Fund have grabbed headlines recently for their links to these cases. The regulator, which is using cutting-edge technology and has expanded surveillance, saw its investigations triple to 83 in the last fiscal year compared to FY23. Mint explains Sebi’s growing…
Source: Business Standard Illustration: Binay Sinha 3 min read Last Updated : Sep 30 2024 | 1:50 PM IST ICICI Prudential Mutual Fund on Monday launched two new investment products aimed at value-conscious investors: the ICICI Prudential Nifty200 Value 30 ETF and the ICICI Prudential Nifty200 Value 30 Index Fund. The new offerings will…
Source: Business Standard 3 min read Last Updated : Sep 25 2024 | 2:24 PM IST Baroda BNP Paribas Mutual Fund has launched a new fund offer to capitalise on the “power of momentum investing”, it said on Wednesday. The Baroda BNP Paribas Nifty200 Momentum 30 Index Fund, which opened for subscription on Wednesday,…
Source: Business Standard 2 min read Last Updated : Sep 23 2024 | 12:43 PM IST Market regulator Securities and Exchange Board of India (Sebi) has taken a significant step to enhance liquidity in the corporate bond market by allowing mutual funds to both buy and sell Credit Default Swaps (CDS). Key Changes:…
Source: Business Standard 2 min read Last Updated : Sep 20 2024 | 6:39 PM IST Sebi allows mutual funds to buy, sell credit default swaps New Delhi, Sep 20 (PTI) Markets regulator Sebi on Friday allowed mutual funds to both buy and sell Credit Default Swaps (CDS), a move aimed at increasing liquidity…
Source: Business Standard 2 min read Last Updated : Sep 19 2024 | 8:05 PM IST Jana Small Finance Bank on Thursday announced a new deposit scheme offering 6.75 per cent for tenures ranging from seven to 180 days. The rate is applicable for the minimum deposit amount of Rs 10 lakh for retail…
Source: Live Mint Finance minister Nirmala Sitharaman on Wednesday launched NPS Vatsalya Yojana to give an early head-start to children to save for retirement. Parents can open an account for their child from birth to up to 17 years of age. When the child turns 18, the Vatsalya account will convert into a regular NPS…
Source: Live Mint “Which mutual fund should I invest in?” It must have been the 20th time my sister had called to ask me this. As usual, I tried explaining the basics but was quickly interrupted this time. “Don’t waste my time, just tell me where most people are investing.” This was understandable. She had…
Source: Live Mint “I couldn’t breathe from one side of the nose. The surgery would have cost me S$17,000 in Singapore (nearly ₹10 lakh). When I discussed the issue with a doctor in India based in Bhopal, he told me he would do it for ₹50,000,” he says.“Even though I had a private health plan…
