HDFC Mutual Fund today said it has launched HDFC Rajiv Gandhi Equity Savings Scheme-Series 2 (HDFC RGESS-2), a three year close-ended equit...

Filing draft papers is mandatory before launching new schemes and the regulator usually takes about three-four weeks to clear these schemes.

Expressing concerns over the lukewarm response to Rajiv Gandhi Equity Savings Scheme (RGESS), a Parliamentary panel today asked the Finance...

After the ending of financial year (2012-13), two share depositories released data about the scale of investments that came into the govt’s...

The Rajiv Gandhi Equity Savings Scheme (RGESS) provides tax benefits under Section 80CCG for new equity investors in specified instruments.

Reliance Mutual Fund has launched R*Shares CNX 100 Fund, an ETF that is compliant with RGESS.

The MF players have welcomed Budget proposals to increase income slab for RGESS saying the step will increase depth of capital markets.

The liberalisation of the RGESS by increasing the income slab to Rs 12 lakh from Rs 10 lakh earlier will get more investors into the equity...

The RGESS will be liberalised to enable the first time investor to invest in MFs & listed shares in three successive years, FM said in his ...

Reliance Capital Asset Management, India’s largest fund house and part of Reliance Capital Limited, today announced the launch of new fund ...

There may be some modification in the tax incentive structure, to make RGESS more attractive to retail investors.

LIC Nomura MF hopes to garner around Rs 100 cr from around 20,000 retail investors under its newly launched Rajiv Gandhi Equity Savings Sch...

First-time investors shouldn’t invest in stocks on their own, as they lack knowledge & maturity to deal with market ups and downs.

The move to declare existing schemes as 'RGESS-eligible' will help fund houses avoid expenses related to new fund launch.

LIC Nomura Mutual Fund has received approval from the market regulator Sebi to launch RGESS and will launch it on February 11, a company re...

The RGESS, which was announced in the Budget for 2012-13, seeks to provide tax benefits to first-time investors in stock markets.

The govt today cut withholding tax on overseas borrowings to 5% from 20% and approved the Rajiv Gandhi Equity Savings Scheme (RGESS).