The FinTech Hub
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…
Source: Live Mint MUMBAI : Imagine you’re planning a cross-country road trip and need to choose a driver. While having a driver’s licence is essential, it’s not enough. You would prefer someone with experience touring across the country, perhaps in different seasons. Similarly, selecting the right fund manager is as important as picking the right…
Source: Live Mint Are you holding shares or mutual fund units for your long-term financial goals? During a financial emergency, instead of selling a part of your investment, pledge it and take a loan against it. Pledging of shares/mutual fund units for a loan has benefits over selling them. Let us understand what is pledging,…
Source: Business Standard 4 min read Last Updated : Oct 15 2024 | 9:14 AM IST The equity assets under management (AUM) of domestic mutual funds (MFs), including equity-linked savings schemes (ELSS) and index funds, rose 3.3 per cent month-on-month (MoM) to reach Rs 33.8 trillion in September 2024. This growth was primarily fueled…
Source: Business Standard 4 min read Last Updated : Oct 14 2024 | 4:04 PM IST Investors should adopt a cautious approach to their portfolio strategy as current global events and expensive valuations are creating uncertainties in the market, as per the Motilal Oswal Private Wealth’s (MOPW) Alpha Strategist report for October 2024. …
Source: Business Standard 4 min read Last Updated : Oct 14 2024 | 12:26 PM IST In September 2024, equity-oriented funds attracted a net inflow of Rs 34,419 crore, marking the 43rd consecutive month of positive inflows. Although this is a per cent dip from August’s Rs 38,239 crore, investor folios have risen month-on-month. …
Source: Live Mint NEW DELHI : In recent years, retail investors have emerged as a formidable force in India’s equity markets, driven primarily by the growth of mutual fund investments through systematic investment plans (SIPs). However, this influx of “uninformed” retail money is inadvertently creating exit opportunities for seasoned “smart money” investors—such as promoters, private…
Source: Live Mint Top News The Securities and Exchange Board of India (SEBI) has issued a recent circular revising the payout timing for securities in T+1 rolling settlements. According to the new guidelines, securities will now be credited directly to clients’ demat accounts by the Clearing Corporations at 3:30 PM on the settlement day. This…
Source: Business Standard Illustration: Binay Sinha 3 min read Last Updated : Oct 11 2024 | 3:55 PM IST Edelweiss Asset Management on Friday launched two funds- the ‘Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund (Index Fund) and the Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund ETF (ETF)’. The New Fund…
