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8 mins read

ETFs performed better than actively-managed equity mutual funds in FY23

Amid high volatility in the equity markets, exchange-traded funds or ETFs fared better than activel…

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3 mins read

Mutual fund assets under management decline for second straight month in January amid market turmoil

The mutual fund industry’s assets under management (AUM) has declined for the second consecutive mo…

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3 mins read

Out of a job? Buckle up and stretch your money to sail through the tough phase

For those of us who earn a salary, a job loss can come as a big shock. There are expenses to be met…

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5 mins read

Ways to save more money after your monthly expenses

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3 mins read

Budget 2023: Funding support, liberal tax regime and other things fintechs expect from the government

Industry estimates show that the Indian fintech industry is likely to reach the $1 trillion mark in…

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3 mins read

Interim Budget 2024: Markets don’t expect big bang measures but hope infra & rural push to continue

Union finance minister Nirmala Sitharaman set the stage for low expectations from the upcoming Inte…

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4 mins read

Wedding bells bring joy, wedding bills not so much. Plan it smart

The renowned big fat Indian wedding is celebrated globally for its extravagant and opulent characte…

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2 mins read

Mutual funds will be taxes 10% only on dividend income, clarifies tax department

The new Budget proposal of taxing income distributed by asset managers to unit holders if such tran…

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1 min read

No fresh investment, redemption for mutual fund investors on Budget day

New Delhi, Jan 31 () Mutual funds investors will not be able to make fresh investment or sell their…

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5 mins read

Getting back unpaid dividends, unclaimed shares: Insights into the process to claim from IEPF Authority

Unclaimed dividends and shares can be a result of many reasons such as incorrect mailing addresses,…

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3 mins read

Should you invest in ELSS funds?

Equity Linked Savings Scheme (ELSS) is a tax-efficient investment option under Section 80 C, allowi…

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4 mins read

Here’s why people are suddenly going for SIPs — and why the trend isn’t going to end anytime soon

“A lot of demat accounts were opened during the pandemic. People went for investing in direct eq…

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3 mins read

Exclusive: Here's how Tata's new AI-driven mutual fund plans beat the market and how it will react if a war breaks out

Your next mutual fund might be managed by an AI algorithm instead of a man in a suit. But it is not…

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3 mins read

JPMorgan says up to $316 billion selling in equites by quarter end

US financial services major, JP Morgan (JPM) has predicted massive selling to the tune of $316 bill…

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4 mins read

Budget Expectations: Time to revise tax slabs and deduction limits for personal tax payers

It is that time of the year again. Finance minister Nirmala Sitharaman is all set to deliver the bu…

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7 mins read

Best mutual funds to invest in via SIP for great returns in 2020

Axis Bluechip Fund Direct Plan-Growth has a fund size of Rs 9,481 crores. The fund age is 6 ye…

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4 mins read

20% tax on foreign remittances make foreign investments unviable for retail investors

Budget announcement of 20% tax on foreign investments to make investments in the US markets less ap…

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1 min read

Mutual Fund AAUM touches Rs 28.29 lakh crore: AMFI

Chief Executive, Association of Mutual Funds in India(AMFI), N S Venkatesh said, continued vibrancy…

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4 mins read

A market guru explains why real estate, housing and textiles should get some budget boost

India has been eagerly waiting for Finance Minister Nirmala Sitharaman to open up her bhai-khata (l…

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1 min read

10% TDS only on dividend paid by mutual funds, not on redemption of units: Tax dept

"It is hereby clarified that under the proposed section, a mutual fund shall be required to deduct …

PTI