Investors of 6 suspended Franklin debt schemes to get Rs 3,302 crore this week
Post this payout, the schemes would have returned Rs 21,080.34 crore to unitholders Read More
Axis Floater Fund NFO: Dealing with higher interest rate environment
Targets 80% allocation to AAA/A1, along with 20% allocation to AA issuers; minimum investment horizon of 12 – 18 months Read More
June 2021 witnesses 4th straight month of equity MF inflows
Debt-oriented mutual funds received net inflows of Rs 3,566 crore, SIP flows at Rs 9,155 crore Read More
Clean Science and Technology IPO: Fully priced, but strong growth potential
The maiden public issue of the fastest growing and among the most profitable specialty chemical manufacturing companies opens on Jul 7 Read More
IIFL Home Finance bonds offer annualised yield upto 10.03%
Unsecured NCDs of a face value of Rs 1,000 each; minimum application size of Rs 10,000 (10 Unsecured NCDs) Read More
G R Infraprojects IPO: Reasonable valuations for integrated EPC player
The Gujarat-based company’s public issue will raise ₹963 crore at the higher end of the IPO price band of ₹828 to ₹837 per share; offer opens July 7 and closes July 9 Read More
NFO review: SBI ETF Consumption, a passive play on consumer sector
The New Fund Offer opens on June 30 and closes on July 14, 2021; the ETF will track Nifty India Consumption Index Read More
Invesco India Medium Duration Fund NFO open for subscription
This is an open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 years and 4 years; NFO closes July 13 Read More
You could end up paying double TDS if you fail to file ITR
From July 1, a person will be required to pay extra TDS at a higher rate under certain conditions as we explain below Read More
NFO review: Navi Mutual Fund launches lowest-cost Nifty 50 Index Fund
Sachin Bansal backed Navi MF’s NFO opens on July 3 and closes on July 12; minimum application amount is Rs 500
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