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...
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...
How to financially empower your women domestic helpersLend them a helping hand by making them more financially literate and providing financial assistance when they need it, says ETWealth
Ride this equity rollercoaster, there is a pot of gold at the end: Nilesh ShahEven a small but regular investment can help you become financially independent, said Shah
How you can help domestic workers achieve financial inclusionLiving in a large city can take a toll on domestic workers. Many are unable to limit expenses and save.
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.
- Axis Bank inks MoU with IDEA Cellular for association as a BC
Axis Bank said that it has signed an MoU with IDEA Cellular, whereby Idea will act as a Business Correspondent of Axis Bank.
- SEBI's KYC circular puts MFs in a fix
An innocuous-looking paragraph in a circular issued by market regulator Sebi to intermediaries has put asset management companies (AMCs) in...
- 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.
- You can take a daily SIP of your MF investment
Most mutual fund houses are planning to launch 'Daily SIP' to attract fresh retail money. When to jump a MF? | Paperwork for MF! | Cashless...
- 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 fear slowdown in growth due to PAN rule
Amfi wants use of PAN as sole identification number to be introduced in phases as July 2 deadline nears.
- 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...