Shaan Patel Asset Management launches Rs 250 crore Quant IPO Opportunity Fund under Category III AIFShaan Patel Asset Management has launched a Rs 250 crore Quant IPO Opportunity Fund under the Category III AIF route to tap opportunities i...
24 Jun, 2026, 05.25 PM IST
India's asset wealth management AUM projected to reach US$ 1.7 trillion by 2030: PwC reportIndia’s asset and wealth management industry is projected to reach US$1.7 trillion in AUM by 2030, driven by rising retail participation, g...
24 Jun, 2026, 05.02 PM IST
NFO Update: Ionic Asset announces launch of Global Asset Allocation FundIonic Asset has launched the Global Asset Allocation Fund, a GIFT City-based, privately placed offering aimed at sophisticated investors, H...
24 Jun, 2026, 04.56 PM IST
Angel One, CAMS and ICICI AMC among JP Morgan's preferred bets on India's SIP boomJP Morgan has initiated coverage of India’s capital markets sector with a bullish outlook, citing resilient SIP inflows and rising retail f...
24 Jun, 2026, 10.03 AM IST
Centre extends Old Pension Scheme (OPS) benefit to compassionate ground appointees: Application date to decide eligibility; who will benefit?Central government employees appointed on compassionate grounds before 2004, but joining after, can now opt for the Old Pension Scheme (OPS...
23 Jun, 2026, 03.52 PM IST
Filing ITR? Don’t ignore the ‘nature of employment’ field; it can affect NPS & retirement tax benefitsThe "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...
23 Jun, 2026, 11.44 AM IST
Filing pension complaints gets easier as PFRDA rolls out AI-enabled Pension Sahayak: Key features explainedPFRDA has launched Pension Sahayak, an AI-powered platform simplifying pension grievance redressal. This upgrade from the old CGMS offers w...
22 Jun, 2026, 06.24 PM IST
Annuity flexibility, tax tweaks can accelerate NPS growth: Axis Pension Fund CEO Sumit ShuklaA senior executive believes greater flexibility in retirement withdrawals and restored tax incentives could significantly boost the Nationa...
22 Jun, 2026, 04.44 PM IST
PFRDA launches AI-powered portal to transform pension grievance redressalThe PFRDA has unveiled 'Pension Sahayak,' an AI-powered platform designed to streamline pension services. This initiative aims to boost inc...
22 Jun, 2026, 02.25 PM IST
Started investing in your 40s? You can still achieve your financial goals, but focus on these priorities firstAshish Mishra is currently focussing on two primary financial goals — his child’s education and an early retirement at 51. Here’s what the ...
22 Jun, 2026, 11.38 AM IST
Sebi approves SBI Mutual Fund IPO, launch likely by July first weekSBI Mutual Fund is preparing to launch its IPO in early July after receiving Sebi approval. The offer, entirely an offer for sale by SBI an...
19 Jun, 2026, 07.52 PM IST
PFRDA tightens NPS audit rules: Pension body orders regular audit checks for PoP service providersThe Pension Fund Regulatory and Development Authority now requires Points of Presence offering National Pension System services to undergo ...
18 Jun, 2026, 06.07 PM IST
InCred Capital expands global footprint with launch of US operations; appoints Arunava Das as CEO, North AmericaInCred Capital, the institutional, wealth and asset management arm of InCred Group, announced the launch of its US operations with the open...
17 Jun, 2026, 08.45 PM IST
New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...
17 Jun, 2026, 12.23 PM IST
How Life Cycle Funds aim to simplify long-term wealth creationIndian mutual fund houses are launching Life Cycle Funds, a new goal-based investment product. These funds automatically adjust asset alloc...
17 Jun, 2026, 06.08 AM IST
Infrastructure Investment Trusts distribute Rs 22,800cr in FY26 to unitholdersInfrastructure Investment Trusts distributed nearly Rs 22,800 crore to unitholders last fiscal. Assets Under Management grew to Rs 7.1 lakh...
16 Jun, 2026, 05.06 PM IST
RBI eases investment rules for NRIs, OCIs; permits designated repatriable rupee accountsThe Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...
16 Jun, 2026, 07.00 AM IST