Indiabulls Mutual Fund is winding up four open ended debt schemes – Indiabulls Ultra Short Term Fund, Indiabulls Savings Fund, Indiabulls Banking and PSU Fund and Indiabulls Income Fund.The schemes are said to be discontinued due to insufficient funds. Read More
Aditya Birla Sun Life ESG Fund This is a thematic fund. The fund will invest in companies following the Environment, Social & Governance (ESG) theme. The NFO period has started from Dec. 4 and will close on Dec. 18. Read More
I had shared an update with you about our decision to file a special leave petition before the Hon’ble Supreme Court to ensure appropriate implementation of the law in the best interest of unitholders. Read More
Finally, gold prices have come down from their highs. Gold prices had touched Rs. 57,950 per 10 grams this year. Now, they are around Rs. 49,000. If you want to invest in gold, gold mutual funds might be better investments than physical gold. Read More
The Supreme Court on Thursday permitted Franklin Templeton trustees to call a meeting of its unit holders to seek their consent for the closure of 6 debt funds, even as requests of redemption from investors remain suspended. Read More
Mirae Asset Mutual Fund has unveiled Mirae Asset Banking and Financial Services Fund, an open-ended equity scheme investing in Banking & Financial Services Sector shares. This is a sector oriented fund. Read More
Burger King India’s initial public offering (IPO) will open for bidding on December 2. The quick service restaurant chain’s IPO is reserved up to 10 per cent for retail investors, up to 15 per cent for non-institutional investors and up to 75 per cent for qualified institutional investors. Read More
There are many kinds of buyers and sellers in the stock market. They are often classified as speculators, traders or investors based on how they view the stock investments and how long they are holding the stocks. Read More
Franklin Templeton Mutual Fund – whose six debt funds are under winding up procedure – have collected a whopping Rs 1,895 crore from maturities, pre-payments, and coupon payments during the period November 14 to 27. Read More
For most Indians, their first investment is often the bank savings account followed by fixed deposits. Fixed deposits are synonymous with safety, liquidity and convenience. It is simple to open a fixed deposit account at a bank where you have a savings account. Read More
