The FinTech Hub
Source: Business Standard Mumbai: A man passes by a BSE (Bombay Stock Exchange) logo inside the Bombay Stock Exchange building, in Mumbai, Monday, Aug. 12, 2024. (Photo: PTI) 4 min read Last Updated : Sep 16 2024 | 3:28 PM IST BSE, MCX share price today: Shares of the Bombay Stock Exchange (BSE) zoomed…
Source: Business Standard 5 min read Last Updated : Sep 16 2024 | 12:53 PM IST SBI Mutual Fund on Monday launched SBI Nifty 500 Index Fund, an open-ended scheme replicating/ tracking Nifty 500 Index, as part of its passive offering. The New Fund Offer (NFO) period for the scheme is September 17 –…
Source: Live Mint We are in a phase of economic evolution where social security for oneself and family is achieved and shaped largely by individual financial planning and efforts rather than as a community mechanism, although a small part may be facilitated by government-backed mechanisms like the Employees’ Provident Fund, which does not cover the…
Source: Live Mint Presenting a comprehensive recap of the week’s highlights, spanning from top news to market performance, here’s your market wrap for the week concluding on September 13, 2024. Read Full Article
Source: Business Standard Sebi: Representative Image | (Photo: Shutterstock) 1 min read Last Updated : Sep 13 2024 | 10:53 PM IST Market regulator Sebi on Friday announced rolling out a new system — Centralized Fee Collection Mechanism — to facilitate collection of fees by Investment Advisers (IAs) and Research Analysts (RAs) from their…
Source: Business Standard Illustration: Binay Sinha 4 min read Last Updated : Sep 13 2024 | 2:04 PM IST The Indian mutual fund industry is on a roll! August 2024 was another blockbuster month, with investors pouring a whopping Rs 38,239 crore into equity-oriented funds. That’s the second-highest monthly inflow ever, and it marks…
Source: Business Standard 3 min read Last Updated : Sep 13 2024 | 9:24 AM IST The Securities and Exchange Board of India (Sebi) has taken action against Karvy Stock Broking and its former managing director, Comandur Parthasarathy, to recover outstanding penalties of around Rs 25 crore. . The brokerage firm was found to…
Source: Business Standard 3 min read Last Updated : Sep 12 2024 | 10:33 AM IST The mutual fund industry saw a 43 per cent dip in net inflows for the month of August, to Rs 1.08 lakh crore against Rs 1.89 lakh crore in July, 2024. This decline was driven primarily by a…
Source: Business Standard 6 min read Last Updated : Sep 12 2024 | 11:17 AM IST Equity oriented funds witnessed net inflows of Rs 38,239 crore in August 2024, which was around 3.3% higher than inflows of Rs 37,113 crore witnessed in July 2024.This marks the 42nd consecutive month of net inflows, highlighting the…
Source: Business Standard 2 min read Last Updated : Sep 11 2024 | 5:19 PM IST Mutual funds are a popular vehicle for wealth creation but a question among investors is: What is the ideal number one should one hold? “Diversification is essential for enhancing portfolio performance and stability. For instance,…
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