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Sectoral funds rake in Rs 18,117.18 crore during the month, debt schemes see more inflows than equities, notes AMFI data for August

This takes the total tally of existing sectoral fund schemes to 179. The next category with most sc…

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2 mins read

India's strong economic recovery is led by fiscal expenditure: DSP MF

India's tax collections have also demonstrated robust growth, with gross tax revenue showing a five…

ANI   


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Credit growth in banks continues to exceed deposits, says new SBI report

The State Bank of India reported that credit growth in Indian banks has been consistently outpacing…

ANI   


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SEBI asks mutual fund industry to proactively conduct stress test

Speaking at a mutual fund event, Gopalakrishnan highlighted the importance of modelling stress scen…

PTI   


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SEBI tightens grip to combat market abuse in mutual fund, including front-running and fraudulent transactions

The Securities and Exchange Board of India (SEBI), the stock market regulator, has issued a circula…

ANI   


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Mutual fund AUM crosses the Rs 60 lakh crore mark, SIP nos. and AUM touch all-time highs

As AMFI data further revealed, the number of new SIPs registered in June 2024 stood at a staggering…

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2 mins read

AMFI Data: Debt funds see major outflows, thematic cap funds attract Rs 22,351.69 crores in June 2024

​Liquid funds saw the maximum outflows of Rs 80,354.03 crores. This is generally attributable to in…

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Budget 2024: Here's how your mutual fund investments are set to change post-budget

The budget has changed the definition of a specified mutual funds. From now on, any fund which inve…

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Household savings are choosing mutual funds over banks to invest savings: RBI Governor

The households are choosing the capital markets over the banks to park or invest their savings, hig…

ANI   


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A comprehensive guide to retirement planning in India: Secure your future

Retirement is often compared to a long vacation in Las Vegas: the aim is to enjoy it to the fullest…

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From banks to SIPs – the evolution of investment choices for Indian retail investors

In India, traditional banking institutions were once the go-to for households seeking savings and i…

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BSE denies tech glitch on June 4; lag in payment receipt from banks led to delayed mutual fund NAV

Several investors purchased their mutual funds before the cut-off time, although they were assi…

PTI   


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Sensex, Nifty log biggest single-day gain in 3 yrs as exit polls predict 3rd term for Modi govt

After the exit polls predicted the return of the Modi government for the third straight term, bench…

PTI   


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1 min read

Mutual Fund distributors to get trail commissions for investor asset transfers

Mutual fund distributors will now have the opportunity to receive trail commissions from Asset Mana…

PTI   


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SEBI's proposal on new asset class for high risk takers looks promising, note experts

In its consultation paper, the regulator said the new asset class will provide a regulated product …

PTI   


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After F&O trading platform, CoinSwitch's founders launch zero-commission Mutual Funds with Lemonn

PeepalCo's Lemonn platform is now offering zero-commission Mutual Funds, competing with top Indian …

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Household savings dip over Rs 9 lakh cr in 3 years to Rs 14.16 lakh cr in 2022-23

The net household savings declined to Rs 17.12 lakh crore in 2021-22 and dipped further to a fi…

PTI   


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5 mins read

A new rule makes buying a home more complicated — but it could also save you a lot of money

A buyer-representation contract used to be optional, but new rules change that in almost all cases.

Dan DeFrancesco   


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Five gifts you can give to yourself, friends, or family, towards achieving financial independence

Ahead of India's 78th Independence Day, find out how a professional achieved financial independence…

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2 mins read

Indians increasingly spending money on mutual fund investments, insurance, trading: Razorpay analysis

Payments towards mutual fund investments, insurance, and trading have seen a massive jump in the ju…

ANI