The FinTech Hub
Source: Live Mint My 66-year-old aunt, who is still working at a private school, received ₹18 lakh last year from the sale of our ancestral property. She doesn’t need this amount for three to five years. Could you suggest the best investment options for her to ensure the growth and safety of her funds? -Name…
Source: Live Mint Inflow to equity mutual funds fell 14 percent to ₹35,943.49 crore in November, reveals the latest AMFI data. Last month, the corresponding data stood at ₹41,886.69 crore. Maximum inflow was seen in flexi cap funds which stood at ₹5,084 crore. SIP contribution was ₹25,319.66 crore. Read Full Article
Source: Live Mint As we bid farewell to 2024, I can’t help but reflect on how my resolutions for the year panned out. Unlike the usual personal goals, these were ambitious—aimed not at mere mortals but at the capital market regulator itself. Yes, I termed it “A Concerned Investor’s 2024 Agenda for Sebi.” Lofty? Absolutely….
Source: Live Mint The Reserve Bank of India’s (RBI) on December 6 kept the benchmark repo rate unchanged at 6.5% for the eleventh straight meeting, and maintained the monetary policy stance ‘Neutral’. The six-member Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das decided to remain unambiguously focused on a durable alignment of inflation…
Source: Live Mint Top News The Securities and Exchange Board of India (SEBI) has introduced revised guidelines for stockbrokers regarding the use of shared contact information for multiple clients. SEBI has updated its guidelines on SMS and email alerts to investors, allowing stockbrokers to upload the same mobile number or email address for multiple clients…
Source: Live Mint Taking a personal loan with the intention of investing can be both risky as well as profitable. Although personal loans are flexible and can be utilised for any purpose, using them for investments can be quite a gamble if you do not plan your moves thoroughly with the advice of financial experts. …
Source: Live Mint When you invest in a mutual fund scheme, the returns keep getting added to the corpus, thus letting it grow faster in the later years vis-a-vis initial years. The overall corpus, therefore, jumps at a rate faster than it did in the first few years. The faster pace of growth of a…
Source: Live Mint Markets regulator Sebi issued a circular on instant redemption in liquid funds in 2017, allowing investors to withdraw up to ₹50,000 or 90% of the money parked in a liquid fund per day, whichever is lower. Many fund houses such as PPFAS, Nippon, Shriram, Bajaj, ICICI, HDFC and SBI offer this facility. …
Source: Live Mint Investing through mutual funds offers flexibility in terms of liquidity, risk-based choices, and return potential, making them an excellent tool for achieving long-term goals like funding your children’s education. Given your 10-year investment horizon, equity mutual funds are the ideal choice for building your target corpus, as they typically outperform debt and…
Source: Live Mint SBI Mutual Fund has introduced a new fund offer (NFO) on December 4 called SBI Quant Fund. It is an open-ended equity scheme following a Quant-based investing theme and will be benchmarked against the BSE 200 TRI. The scheme will stay open for investors until December 18 and will reopen for continuous…
