Arihant Capital announces launch of Arihant Bharat Advantage Fund, a Category III AIFArihant Capital Markets has launched the Arihant Bharat Advantage Fund, a Category III AIF focused on investing in high-potential companies...
Japanese proverb of the day: “Even dust, when piled up, becomes a mountain.” Small, consistent efforts accumulate into great achievements over time — a lesson on how today’s generation can turn tiny daily efforts into massive successJapanese proverb of the day: Small daily efforts build success faster than most people expect. Data shows 1% daily growth can deliver nearl...
The Summer Survival Guide: Smarter ways to live through rising temperaturesWe are living in an era of extreme heat, and the planet is not pushing back on the pedal anytime soon. Which is why Lijee Philip brings to ...
Good time to start SIPs: ICICI Prudential AMC's Sankaran Naren explains why markets are more attractive nowSankaran Naren explains why markets are more attractive but unlikely to deliver outsized returns and shares his macro-driven approach with ...
NCDEX receives SEBI’s in-principle approval to launch mutual fund platformNCDEX has received in-principle approval from SEBI to launch a Mutual Fund (MF) transaction platform, aimed at expanding financial inclusio...
SBI Mutual Fund unveils a Rs 250 SIPThe facility will be available digitally on the SBI Yono platform and other fintech platforms like Paytm, Groww and Zerodha. SBI has announ...
Micro-SIPs can be as beneficial as gulpsSebi is proposing subsidised micro-SIPs to expand mutual fund access, eliminating ticket size barriers and integrating risk management. Thi...
Micro SIP of Rs.250 a month is a good step but here are the challengesAs we welcome new investors, we must also consider the hurdles they may face. The variety of funds available today can be daunting even for...
Nine states get nod for strategic investment plan for MSME unitsThe Centre provides funding support for SIPs under the Raising and Accelerating MSME Performance (RAMP) scheme, which is a World Bank-suppo...
Navi Mutual Fund files draft for Nifty IT Index FundThe investment objective of the scheme is to achieve a return equivalent to Nifty IT Index by investing in stocks of companies comprising t...
Micro SIP: Investment tool for people without a PAN cardMicro SIPs are exempt from the requirement of PAN or KYC documentation. However, a copy of a photo identification document is required.
- Low-income investors shirk micro SIPs for high costs & complexity
MF distributors say a majority of the investors opting for micro SIPs are deterred by the high costs and regulatory hiccups.
- MFs reach out to rural poor, one SIP at a time
UTI, SBI MF, ICICI Pru and Bharti Axa are some of the fund houses trying to promote micro-SIP investments.
- SBIMF launches Micro SIP
SBI Mutual Fund launched its equity–based micro systematic investment plan (Micro SIP). It is aimed at getting in low income households in ...
- MFs tap daily wage earners to boost kitty
Faced with redemption pressure, funds hawk micro SIPs for nominal amount.
- ICICI Prudential targets small investors via Micro SIP
In a bid to offset depleting assets under management in their debt schemes, fund houses are adopting innovative marketing strategies.
- MFs on SIP drive to rope in more small investors
In a country where literacy about the stock market and mutual funds in particular, is miniscule at best, fund houses are going all out to b...