It is surprising but true that a person is taxed even after he is no more. If a person at the time of death has earned income exceeding the threshold limit ( i.e. >INR 2,50,000), he is still liable to file an Income Tax Return (ITR). Are you wondering who will be accountable for this? […] Read More
On Wednesday, 6th April 2020, Bandhan Financial Holdings Limited, ChrysCapital and Government of Singapore Investment Corporation, collectively as a Bandhan-led consortium, have agreed to buy IDFC Mutual Fund for Rs 4,500 crore. In this consortium, Bandhan Financial Holding, ChrysCapital and GIC will hold equity in the ratio of 3:1:1, respectively. ChrysCapital, with around $4 billion […] Read More
Are you passionate about building and creating your wealth? Here are the nine steps to get you started. Wealth creation is not a single recipe that works for everyone. Like everything else, it requires hard work, patience and proper planning. Dreaming big is human nature, and accomplishing those dreams takes time. If you don’t have […] Read More
Penny stocks have a stock price of less than Rs.25. Should you invest? This article will talk about stocks that are not widely discussed, i.e., penny stocks. Penny stocks have a very low stock price, and these companies are generally not well established. In most cases, investing in penny stocks is just like gambling or […] Read More
The proposed merging of Housing Development Finance Corporation (HDFC) with HDFC Bank, the housing finance giant and holding company for several HDFC group firms in banking, insurance, and other financial services, may prompt many mutual fund managers to rethink their holdings. The HDFC group has announced a 25:42 share swap ratio merger of its home […] Read More
Investing in a mutual fund can be pretty confusing. What should you be looking for in a mutual fund apart from its outstanding performance record? Investors should consider qualitative factors before investing in a mutual fund. These factors may make a big difference in your return potential from a mutual fund. While one can easily […] Read More
The year 2022 has been a roller coaster ride for a majority of investors. While January was tentatively negative, the bearishness became affirmative in February. And then, the last few days have been taking the graph on a downward spiral. Also, the small-cap index could show a significant stock-specific discomfort of increasing oil prices and […] Read More
You want the best for your kids, don’t you? But how will you do that? How can you ensure your child gets the best education money can buy? Easy, all you have to do is start building a corpus now. But what if we told you that there’s a simple way to build a corpus […] Read More
Effective 14th March, the Bank of Baroda and BNP Paribas have merged to become Baroda BNP Paribas Mutual Fund. In 2019, the Bank of Baroda announced Baroda AMC’s merger with BNP Paribas AMC without any proposed cash consideration. Further, the proposed merger received the securities market regulator SEBI’s approval in January 2022. The companies have entered into a […] Read More
Parag Parikh Flexi Cap is now open for fresh investments. Parag Parikh Flexi Cap Fund (PPFCF) had stopped fresh lump-sum investments and new SIPs when SEBI imposed restrictions on mutual funds to invest in foreign equities. The reason for imposing restrictions on mutual funds was that mutual funds had exhausted the allotted limit of $7 […] Read More
