HNIs turn to hybrid debt funds, SIFs for higher post-tax returnsRich investors are exploring niche mutual funds and specialized investment funds. These products offer higher returns and better tax effici...
Kotak AMC, executives seek settlement in Essel Group debt disputeThe case dates back to the 2019 Essel liquidity crisis, when a sharp fall in Zee Entertainment's share price triggered margin calls on pled...
Telangana 2BHK housing scheme explained: Who can get free two-bedroom houses, eligibility rules, documents needed as government plans 1 lakh new homes in Hyderabad?Telangana's flagship two-bedroom housing scheme is gaining momentum with fresh ownership document distributions and a commitment to build o...
Is your home loan ruling your life? Know the hidden cost of a big EMIMany Indians stretch finances for dream homes, but hefty home loans lead to years of uncomfortable choices. Borrowers face lifestyle compre...
Healthy credit cycle set to keep NBFCs on growth track in Q1Non-banking finance companies are poised for a strong April-June quarter, with analysts predicting a 20% rise in assets under management. T...
Income tax department slaps notices on foreign investors with no earningsForeign investors are receiving unexpected tax notices in India, even for transactions where no profit or dividend was earned. The tax depa...
South Korea plans future fund backed by semiconductor tax windfallSouth Korea is establishing a "Future Response Fund" from semiconductor boom tax revenues. This fund will fuel major national projects, boo...
Markets may consolidate; micro, small and mid-caps could lead alpha generation, says Quant Mutual FundQuant Mutual Fund expects Indian equities to consolidate after the recent rally but believes micro-, small- and mid-cap stocks will drive a...
SBI Funds Management seeks Rs 2,000 crore in pre-IPO roundSBI Funds Management, India's largest mutual fund, is planning a significant IPO, potentially raising up to ₹2,000 crore through a pre-IPO ...
EPFO's New PF Rules Explained: Faster withdrawals, three-day settlement and other key changesEPFO Rule Changes Explained: The Centre has revamped EPF rules, promising faster claim settlements within three days for withdrawals and 20...
The Wealth Company Asset Management announces appointment of Unmesh Kulkarni as managing directorThe Wealth Company, part of Pantomath Group, has appointed Unmesh Kulkarni as its Managing Director. With 29 years of experience in wealth ...
New EPFO rules mandate 3-day PF settlements, simplify withdrawalsGovernment revamps EPFO rules, mandating PF claim settlements within three days and imposing a 12% penal interest on officials for delays. ...
SBI Mutual Fund planning IPO launch on July 13, to raise $1.2 billionSBI Mutual Fund is set to launch its IPO on July 13, with a likely $1.2 billion issue size, making it one of the biggest in India’s financi...
MF Tracker: TRUSTMF Small Cap Fund topped one-year return chart with 22.77% gains. Can the rally continue?TRUSTMF Small Cap Fund emerged as the best-performing equity mutual fund over the past year, delivering a 22.78% return and outperforming b...
Edelweiss AMC crosses Rs 1 lakh crore equity AUM milestone, SIP book at Rs 690 croreEdelweiss Asset Management Company crossed Rs 1 lakh crore in equity AUM, with total assets reaching Rs 1.78 lakh crore. The milestone refl...
LDF walks out of Kerala Assembly, accuses CM Satheesan of 'misleading' House on fund cutsKerala Assembly saw a heated debate as the opposition LDF walked out, accusing Chief Minister V D Satheesan of misleading the House regardi...
NFO Alert: AlphaGrep Mutual Fund launches multi asset allocation fund, its first fundAlphaGrep Mutual Fund has launched its inaugural fund, the AlphaGrep Multi Asset Allocation Fund, marking its entry into the Indian retail ...