Franklin debt funds wind up: NAV in 5 out of 6 schemes higher since April
The combined AUM of the six schemes has increased from Rs 25,648 crore on April 23, 2020 to Rs 26,414 crore as on January 29, 2021 Read More
9 reasons why your car insurance claims could get rejected
Not all car insurance claims are paid by the insurance company. Here are the reasons why your claim might get rejected Read More
SC orders Franklin to pay back debt investors Rs 9,122 cr in 20 days
Five schemes have from 9-63% cash in. SBI Mutual Fund to carry out the disbursement Read More
New tranche of Sovereign Gold Bonds at Rs 4,912/gm; here’s all you wanted to know
The issue price is Rs 4,912 per gram of gold. There is a discount of Rs 50 per gram for investors applying online or payment made through digital mode . Read More
A feel-good Budget that presses the ‘right’ buttons for market
With no negatives on the taxation front and announcing several long-term structural initiatives that augur well for medium-term growth, markets have given huge thumbs up to the budget . Read More
Budget: ULIP maturity proceeds now taxable like mutual funds
The Budget has proposed withdrawal of tax-free maturity on ULIPs if annual premiums exceed Rs 2.5 lakh a year Read More
Budget: Interest income from PF contributions above Rs 2.5 lakh taxable from 1 April
With this, EPF, VPF contribution no longer enjoys the Exempt-Exempt-Exempt (EEE) status for high income employees Read More
6 Franklin Templeton debt funds collect Rs 602 cr in Jan 16-29 period
The six debt funds proposed to be wound up by Franklin Templeton MF have collected Rs 602 crore in Jan. 16 to 29 period, almost 10% less than Rs 669 crore collected in the previous fortnight. Over the latest fortnight (January 16 – 29), these schemes received Rs 350 crore as pre-payments. The 6 schemes […] Read More
Will GameStop episode put an end to the market rally?
The episode, which has turned out to be an epic battle between retail investors and the Wall Street hedge funds, can even result in the latter booking billions of dollars of losses, leading to a market crash Read More
Tax loss harvesting: How you can save on taxes by booking losses
Got loss-making shares in your portfolio? Don’t worry, you can use that loss to your advantage Read More
