The FinTech Hub
Source: Live Mint Top News The Securities and Exchange Board of India (SEBI) has proposed a platform called MITRA (Mutual Fund Investment Tracing and Retrieval Assistant) to help investors reconnect with their forgotten or unclaimed mutual fund investments. MITRA will assist individuals in tracing inactive or lost mutual fund folios, ensuring that no hard-earned money…
Source: Live Mint Prior to investing in a mutual fund scheme, investors are encouraged to compare the returns they earn with those of other schemes. Although past returns of a scheme don’t guarantee future returns, they may give an indication of the scheme’s potential to perform in the future. Other factors which mutual fund investors should…
Source: Live Mint In India, healthy life expectancy at birth improved by 4.02 years from 54.1 years in 2000 to 58.1 years in 2021, according to statistics from the World Health Organisation (WHO). As average lifespans grow longer, securing a financially sound future for yourself in the golden years is of utmost importance so you…
Source: Live Mint I am a senior ad executive with a FMCG company in Bengaluru. My wife is a senior Python developer with an IT company. We are currently living in a rented accommodation. We are aiming to buy a house on the outskirts of Bengaluru in the future. We want to understand how we…
Source: Live Mint The latest stress test ofmutual funds reveals that the mid cap schemes will take as long as 32-34 days to liquidate 50 percent of their portfolio. At the same time, small cap mutual funds will take as long as 54 to 56 days for the same, shows the latest data shared onAMFI’s…
Source: Live Mint Capital market regulator Securities and Exchange Board of India (Sebi) has proposed a platform to give relief to those investors who have lost track of their mutual fund investment. By releasing a draft circular on Tuesday, Sebi has expressed the intent to launch a service platform, MITRA or Mutual Fund Investment Tracing…
Source: Live Mint India’s markets regulator has set a minimum investment threshold of ₹10 lakh for investing in specialised investment funds (SIF), a new asset class that allows mutual funds to offer advanced investment strategies to investors. Accredited investors, however, are exempt from this requirement, as per the Securities and Exchange Board of India’s framework…
Source: Live Mint As we are geared to enter the year 2025, the mutual fund industry is seen promising and shows no signs of slowing down. The growth of the overall asset size in the mutual fund industry has been quite impressive, particularly in the equity space. Over the past decade, retail investors have moved…
Source: Live Mint If you are planning to invest in a mutual fund, then it is recommended to examine the past returns of that scheme vis-a-vis other schemes in the same category. The past returns give a fair idea of how that scheme has performed over a period of time, thus giving an indication of…
Source: Live Mint Top News Sanjay Malhotra has been appointed as the new Governor of the Reserve Bank of India (RBI), taking on one of the most significant roles in the country’s financial and economic ecosystem. With a wealth of experience in banking and governance, Malhotra is expected to steer the central bank through complex…
