ITI Ultra Short Duration NFO: To focus on high accrual income
The fund looks to invest in issuers with a minimum short-term credit rating of ‘A1+’ and long-term rating of ‘AAA’ to ‘AA
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Sebi asks mutual funds managers to be paid partially in scheme units
Minimum of 20% of gross annual CTC of the key employees of AMCs to be paid as units of MF schemes in which they have a role/oversight
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India Grid NCDs offering upto 8.20% return open for subscriptionon on April 29
This higher coupon investment option of the AAA-rated India Grid comes at a time when interest rates offered by conventional fixed income products are low Read More
Rs 7,000-cr PowerGrid InvIT IPO opens on April 29. Should you invest?
Units will be available for bidding in a price band of Rs 99 to Rs 100 Read More
SBI Nifty Next 50 Index Fund NFO opens from April 28
The new fund offering is a brand new opportunity to participate in the growth of future market leaders
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BSE vs NSE: How are they different
Two of the most popular stock exchanges in India have their own advantages. You can choose any one of them based on your convenience. Read More
81 lakh mutual fund accounts added in FY21; MF AUM stands at Rs 31.4 lakh crore
Total number of mutual fund accounts in the country now stands at close to 10 crore
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Axis AAA Bond Plus ETF NFO opens today; should you invest?
The target maturity debt ETF, specifically designed to terminate at a pre-defined date, will invest in a portfolio of high quality debt instruments Read More
Tata Dividend Yield NFO: 3-in-1 benefit in one fund
It offers wealth creation opportunity through dividend-yielding stocks; new fund opens May 3 and closes on May 17
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How SEBI’s new dividend norms will affect your investment in dividend plans
The MF industry finds it difficult to implement the new SEBI rules and fears this could lead to taxation issues.
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