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Source: Live Mint The dematerialization process First, open demat accounts for the transferor and the transferee. “We get two demat accounts—one for the transferor and one for the transferee. If units are in physical form, they must first be dematerialized,” explains Amit Sahita, director of Fincode Advisory Services Pvt. Ltd. View Full Image Graphic by…
Source: Live Mint Top News On October 15, SEBI announced a major change that benefits traders in India’s stock market. The regulator raised the position limits for trading members in index futures and options (F&O) contracts. These limits now stand at ₹7,500 crore or 15% of the market’s total open interest (OI), compared to the…
Source: Live Mint If you have a wedding scheduled in a few months, chances are that you have already accumulated enough money to organise the celebration for the big day. However, if the wedding is still some years away, then you are supposed to have a well-organised plan for saving funds for the same. Here, we…
Source: Live Mint If you are looking forward to a wedding, it is vital to first arrange the funds for it. There are a number of ways to do it. At the outset, you should dip into your savings and investments to meet the wedding expenses. And if this money falls short, you can always…
Source: Live Mint Despite the high valuations of benchmark indices, there is no significant risk of a major correction soon, Rahul Singh, Chief Investment Officer (equities) of Tata Mutual Fund, says in an emailed interview with MintGenie. He also speaks about the sectors that are likely to do well in the near future. While sharing…
Source: Live Mint Mutual funds significantly increased their stake in Delhivery, a logistics and supply chain services provider, during the second quarter of the current fiscal year (Q2FY25) to an all-time high. As of the end of September 2024, 22 mutual funds collectively held a 24.91% stake in Delhivery, equivalent to 18.43 crore shares. This…
Source: Business Standard Illustration: Binay Sinha 5 min read Last Updated : Oct 16 2024 | 9:53 AM IST After seeing two months of consecutive inflows, debt-oriented mutual funds experienced large outflows in September losing Rs 1,13,833.95 crore, compared to inflows of Rs 45,169.36 crore in August, showed AMFI data. The outflows in…
Source: Live Mint Stock market losses are never pleasant—whether through direct equities or mutual funds—but they offer a rare silver lining: the potential to reduce your tax liability through capital loss set-offs. Here’s how savvy investors can use this to their advantage. Set-off against gains Capital losses can be set off against capital gains, allowing…
Source: Business Standard Mutual Funda(Photo: Shutterstock) 4 min read Last Updated : Oct 15 2024 | 2:57 PM IST SBI Mutual Fund, India’s largest fund house, on Tuesday launched the SBI Nifty India Consumption Index Fund, an open-ended thematic scheme replicating/ tracking Nifty India Consumption Index. The New Fund Offer (NFO) period for the…
Source: Business Standard 3 min read Last Updated : Oct 15 2024 | 4:42 PM IST Baroda BNP Paribas Mutual Fund has launched an open ended fund that will track the performance of the Nifty Midcap 150 Total Return Index. The Baroda BNP Paribas Mutual Fund NFO (new fund offer) opened for investment…
