Now, debt mutual funds are to be taxed as short-term capital gains in much the same way as bank fixed deposits. Change to come into effect from April 1, 2023
_1642183690.jpg "Axis Mutual Fund To collect Rs 500 Crore From CPSE Plus SDL 2025 Index Fund")
The open-ended target maturity debt index fund will invest in constituents of the Nifty G-Sec September 2032 Index, which it will also follow as the benchmark. The minimum investment will be Rs. 5,000, and the new fund offer...
Sebi proposes to remove some operational responsibilities from Trustees of Mutual Funds and replace them with fiduciary duties. The proposals circulated for public feedback also elaborate on the roles of Asset Management...
The new fund offers of both closed-end scheme opened today and will close today as well. Minimum investment will be Rs 1,000 and in multiples of Rs. 10. The tenures of the two plans are 91 days and 1,110 days
In its circular on Wednesday, the capital market regulator noted that cybersecurity incidents are growing in frequency and sophistication.
In most cases wherein the STP facility is utilised, the fund transfer is initiated from a debt fund to an equity fund. Therefore, an STP also enables you to attain the benefits offered by both debt and equity schemes.
The scheme will invest in an overseas fund with exposure to 0-1 year US treasuries through the JPMorgan BetaBuilders US Treasury Bond 0-1 year UCITS ETF. The fund will be benchmarked against the ICE 0-1 Year US Treasury...
The Budget 2023 has a lot of expectations from the market as it happens to be the last one before the 2024 general elections.
A parent can invest in an equity oriented mutual fund in a staggered manner through SIP (Systematic Investment Plan). A parent can initiate this action as soon...
The open-ended scheme will invest in a mix of equities, arbitrage and debt/cash. The new fund offer will close on February 3, 2023
Clubbing of minor’s income with parents cease upon minor attaining majority. Indexation benefit available on fixed maturity plans if held for more than three...
The Securities and Exchange Board of India (Sebi) has barred fund houses from launching passively-managed equity-linked savings schemes (ELSS) if they receive...
Corporate bond funds invest in AA+ and above rated corporate bonds, with relatively high interest rate risk and moderate credit risk—ideal for those looking...
ICICI Prudential Nifty SDL Sep 2026 Index Fund is an open-ended target maturity index fund and seeks to provide a diversified portfolio of state development...
Here are a few things to know before you start your investing journey
The new fund offer (NFO) for IIFL ELSS Nifty 50 Tax Saver Index Fund, an open-ended passive equity-linked savings scheme, runs from Dec 1-21, 2022.
Mahindra Manulife Small Cap Fund (MMSCF), rolled out by Mahindra Manulife Mutual Fund, is one of the new small-cap funds. This scheme opened for subscription...
You can use passive funds to build a diverse portfolio, or use factor funds to invest in stocks with value or momentum
The mutual fund industry invests most of its capital in the financial services industry, followed by the consumer discretionary segment and others
Balanced advantage funds use a dynamic asset allocation strategy to switch between debt and equity during volatile market conditions.
IDFC AMC has launched two target maturity index funds: IDFC CRISIL IBX 90:10 SDL Plus Gilt (November 2026) and IDFC CRISIL IBX 90:10 SDL Plus Gilt (April...
Contra Mutual funds invest in underperforming stocks for high returns. Of the three such funds available in the market, the top performer gave 30 per cent...
Consumers assume that in exchange for higher investment costs, they will be provided with higher returns. Given the low level of financial literacy in India,...
Contrary to popular belief, gilt funds, which invest in G-secs, are highly volatile during interest rate fluctuations
A good NPS fund manager will ensure a large retirement corpus. That’s why it’s important to choose the right fund manager when investing in the National...
