Mutual Fund

Anil Ambani Needs $2 Billion In Asset Sales To Save Last Stronghold

Business | PR Sanjai and Anto Antony, Bloomberg | Saturday May 4, 2019

Reliance Capital Ltd., his financial services business that almost doubled its profit in five years, had largely remained insulated from the distress plaguing the wider conglomerate.

Paytm Money Gets SEBI Approval for Stock Broking, Projects to Integrate With Exchanges and Depository

Jagmeet Singh | Tuesday April 2, 2019

Paytm Money started offering a platform for mutual fund investments in September last year.

Mutual Funds See Over Rs 20,000 Crore Outflows In February

Business | Indo-Asian News Service | Friday March 8, 2019

Liquid or money market contributed to the largest chunk of the outflow. It saw an outflow of Rs 24,509 crore in comparison to the inflow of Rs 58,637 crore in January.

Looking To Invest Your Money? Here Are 10 Options You May Choose From

Business | Anshul | Thursday March 7, 2019

From fixed income instruments like fixed deposits (FDs) and recurring deposits (RDs) as well as mutual funds - there are options galore which can help one in increasing wealth.

This SBI Gold Scheme Works Like A Fixed Deposit (FD)

Business | NDTV Profit Team | Tuesday March 5, 2019

State Bank of India or SBI, the country's largest lender, also offers a special type of fixed deposit (FD) scheme denominated in gold. Under R-GDS or Revamped Gold Deposit Scheme (R-GDS), the customer can deposit the idle gold to earn an interest, according to SBI's website - sbi.co.in. Individuals, proprietorship and partnership firms, Hindu undiv...

Sebi To Allow Mutual Funds, Portfolio Managers To Trade In Commodity Derivatives

Business | Thomson Reuters | Friday March 1, 2019

SEBI on Friday also approved amendments to real estate investment trust (REIT) and infrastructure investment trust (InvIT) rules.

Looking To Invest In Mutual Funds Via SIP? Here Are 10 Things To Know

Business | Anshul | Friday March 1, 2019

Systematic Investment Plan, commonly referred to as an SIP, allows investors to park a certain sum of money periodically in a mutual fund (MF) for a specific period. Mutual funds are operated by professional fund managers, who allocate the fund's investments and attempt to produce capital gains for investors. According to financial analysts, SIP is...

Have You Fully Utilised Section 80C Income Tax Benefit? Here Are Key Things To Know

Business | NDTV Profit Team | Monday March 4, 2019

Section 80C of the Income Tax Act provides for a reduction up to Rs 1.5 lakh in taxable individual income in a year under certain conditions. From premium paid towards subscription/activation of a life insurance policy to subscription to mutual funds (under ELSS or Equity-Linked Saving Scheme), the Section 80C of the Income Tax Act provides for a ...

Planning To Invest Your Money? Here's A Beginner's Guide

Business | Anshul | Friday March 1, 2019

Investment Tips For Beginners: One of the basic rules of investing is to start early so that time works in favour, experts suggest.

Bharat 22 ETF Follow-On Offer Closes Today, Details Here

Business | NDTV Profit Team | Thursday February 14, 2019

S&P BSE Bharat 22 Index is designed to measure the performance of select companies disinvested by the central government.

Government Employees Required To Disclose Stock Investment Above 6-Month Basic Pay

Business | Press Trust of India | Friday February 8, 2019

The government said it has decided that all of its employees need to send an intimation if total transactions in shares, securities, debentures, mutual funds schemes and the likes exceed six months' basic pay during a calendar year.

Markets Regulator Summons Mutual Fund CEOs Over Zee Turmoil: Report

Business | NDTV Profit Team | Sunday February 3, 2019

A member of markets regulator Sebi or Securities and Exchange Board of India has reportedly summoned the chief executive officers of four mutual fund institutions and one credit ratings agency over the controversy surrounding Zee Entertainment Enterprises. According to a report by news agency IANS, CEOs of mutual fund houses Birla MF, ICICI MF, HD...

India's Stocks Hostage to US Fed Rate Cycle, Says Mutual Fund Giant

Business | Ameya Karve, Bloomberg | Wednesday December 19, 2018

While the U.S. central bank's influence on emerging assets is hardly an unknown phenomenon, India's $2 trillion stock market has also been whipsawed in recent months by homegrown narratives.

Sebi Allows Mutual Funds To Separate Distressed Assets In Portfolio

Business | Thomson Reuters | Wednesday December 12, 2018

Mutual funds are heavily invested in papers issued by the so-called shadow banks, and, analysts say, a potential default at these banks could cripple many of these funds.

Fixed Deposit (FD) Interest Rates Paid By Major Banks On Deposits Below 1 Crores

Business | NDTV Profit Team | Tuesday November 6, 2018

Bank fixed deposits (FDs) are secure fixed-income instruments which offer guaranteed returns. Unlike stocks and mutual funds, fixed deposits offer assured returns because they are unaffected by geopolitical and market volatility.