Everything You Need to Know About Nifty 50 ETFs
The inflows into mutual funds -- particularly the equity-oriented ones -- and the rise in AUM, are a testimony to the growing popularity of mutual funds as a wealth creation investment avenue. Over the last few years, the AUM of passive ...
The Investment Strategy Mutual Fund Investors May Follow as Sensex, Nifty Touch Record Highs
A steady rally in the equity market over the last three months has driven Sensex and Nifty to record highs. The S&P BSE Sensex closed at 63,523 at the end of June 22, 2023, while the Nifty 50 closed at 18,857, ...
Indian Equities Near a Lifetime High! Why Investing in Multi-Asset Funds Now Makes Sense
Riding on a wave of exuberance, the Indian equity market, i.e., bellwether S&P BSE Sensex, scaled to a new lifetime high of 63,588.31 points in the early trade on June 21, 2023 while the Nifty 50 hovered near its all-time high (of ...
How the HDFC-HDFC Bank Merger Will Impact Equity Mutual Fund Holdings
The HDFC-HDFC Bank merger is set to conclude in the coming weeks. As you may be aware, in April 2022, housing finance major HDFC Ltd. had announced its merger into its subsidiary HDFC Bank, India's largest private sector lender. For every 25 ...
How Investors Can Avoid the Trap of Mutual Funds Mis-selling
Mis-selling of investment products has been occurring for many years in the financial services industry, and as a result, investors are frequently getting trapped. While SEBI laws may serve as a shield to safeguard investors’ interests, investors ...
SEBI Allows Mutual Funds to Participate in Repo Transactions in Commercial Papers and Certificates of Deposit
SEBI, in its latest circular dated June 08, 2023, has allowed mutual funds to conduct repo transactions in Commercial Papers (CPs) and Certificates of Deposit (CDs). The market regulator has also clarified that mutual funds can participate in ...
Now You Could Soon Send Service Requests And Complaints Regarding Your Investments Online
The market regulator, Securities and Exchange Board of India (SEBI), in its latest circular dated June 08, 2023 on Thursday, announced about the soon to be launched user-friendly online mechanism or portal for service requests and ...
RBI Maintains Status Quo on Policy Rates. Strategy to Invest in Debt Mutual Funds Now
The Reserve Bank of India (RBI) for the second successive time, kept the policy repo rate under the Liquidity Adjustment Facility (LAF) unchanged at 6.50% in its June 2023 bi-monthly monetary policy 2023-24 meeting. All six members ...
EPFO May Increase the Equity Investment Limit. Here’s All You Need to Know
For individuals in the organized sector, the Employees Provident Fund (EPF) is a worthy social security government-backed scheme to build a nest egg for retirement, an inescapable truth of life. Over the years, the EPF interest rates have ...
How You Can Put the Surplus Money in Your Savings Account to Best Use
Most of us use a good portion of our income in paying for the utility bills, loan EMIs, credit card bills, and other expenses, while keeping the rest in our bank accounts. Usually, this money is considered as savings and offers you liquidity (cash ...