Banks to reject e-mandate on cards for recurring transactions from Oct 1
The standing instructions not to be approved cover those given at merchant website / app, on bank credit card/debit card, unless it is as per RBI compliant process Read More
NFO review: ICICI Prudential NASDAQ 100 Index Fund
The fund offers exposure to big tech stocks and global companies listed on NASDAQ-100
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Sensex hits 60,000 level. What should investors do?
The Nifty also hit 17,900 mark as large-caps get fresh push, amid receding global fears around Evergrande debt situation
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What is Evergrande issue and what it means for equity investors
When China’s second-largest property developer is struggling with $300 billion in debt, it can snowball into a crisis
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Do large AUM equity funds perform better than others?
Here is an analysis of the largest equity schemes vis a vis category returns over various time periods
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Card tokenization: What it means, and why you should care
With effect from January 1, 2022, no entity in the card transaction / payment chain, other than the card issuers and / or card networks, shall store the actual card data Read More
ICICI Mutual Fund, ABSL MF come with new target maturity debt funds
The NFOs will track bond indices that have different maturity date, slight change in composition but both have focus on SDL allocation
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NFO review: HDFC Developed World Indexes Fund of Funds
The scheme will be passively managed by investing in units/shares of overseas Index Funds and/or ETFs which in aggregate tracks the MSCI World Index Read More
Last date to file income tax returns extended to December 31
The previous due date of furnishing of Return of Income for the Assessment Year 2021-22 was July 31, 2021
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Kotak MF makes re-entry into multicap segment with new fund offer
In Feb-2021, it had announced making Kotak Standard Multicap Fund into Kotak Flexicap Fund a change in fund categorisation
