The government has been cutting the interest rate on many of its small savings schemes including the popular Public Provident Fund (PPF). This is because of the change in the way interest rates are set for small savings schemes. Read More
Fortnightly collections of the 6 debt funds proposed to be wound up by Franklin Templeton MF almost quadrupled to Rs 1213 crore in Dec. 16 to 31 period, from Rs 330 crore. Read More
Those who are novice investors and those who have a low risk profile are often advised to look at hybrid funds for higher returns and lower risks. A hybrid mutual fund invests in both debt and equity asset classes to provide diversification and reduce concentration. Read More
There has been a dramatic increase in Indian citizens’ life expectancy in the past decade. Life expectancy was about 62.5 years in 2000 and it is 69 years now. People are deferring their retirement. However, most people do not have adequate retirement benefits. Read More
In 2020, shares of companies in two sectors i.e. Pharma and IT rallied smartly. As we go into 2021 with a few vaccines coming into the market, it is ideal to play the recovery theme for next year. In this scenario, cyclical stocks and defensives. Read More
The Finance Ministry on Wednesday announced an extension of income tax return (ITR) filing date to January 10, 2021 for individuals. With this, the Union Government has given time since the previous deadline was to expire on December 31, 2020. Read More
ICICI Prudential Mutual Fund has announced the launch of ICICI Prudential Business Cycle Fund. The new scheme aims to identify and invest in opportunities across sectors/themes/market caps. Read More
Investors looking to get below-market rate gold exposure, with a fixed annual income component, can consider subscribing to
the Sovereign Gold Bond Scheme 2020-21 – Series IX. Here are 5 important things to know about the offering. Read on. Read More
There are more than 50 registered life and non-life insurance companies in India. Each of them offers a variety of insurance policies. Before choosing a policy, you need to understand whether the insurance company that you have chosen is good enough. Read More
Muthoot Finance Limited (MFL), the flagship company of the Kerala-based business house The Muthoot Group, is in the market to raise upto Rs 1000 crore through a public issue. Read More
