Financial news LIC Mutual Fund and IDBI Mutual Fund’s merger is “advanced,” an official said Thursday. LIC MF’s managing director and CEO said, “The procedure is underway and advanced.” LIC Mutual Fund would buy IDBI Mutual Fund to comply with a law preventing…

Smart Investing in 20s |As a 20-something, I know how difficult it is to save for retirement. In New York City, I must balance my budget between medical costs, groceries, and rent. I might shop at a cheaper grocery store or skip cocktails with pals. I’m sure…

The grey market premium aka IPO GMP is information that is calculated based totally on the demand of the company that is arising with an IPO

LIC Housing Finance Loan | The interest rate for loans from LIC HFL is based on the benchmark rate, or LHPLR. A few hours after the RBI did something similar, mortgage lender LIC Housing Finance raised its interest rates by 0.5% on Friday. Also Read: New…

Insider Trading SEBI’s decision derives from incidents in recent years where senior officials of a mutual fund house or part of the industry eco-system sold their units when they smelled instability. Sebi’s board voted on September 30 to include mutual fund…

Edelweiss Financial Services NCD | There’s a new chance to invest in the area. Edelweiss Financial Services Ltd. has issued NCDs. The company wants to get Rs 400 crore by selling debentures that are each worth Rs 1,000. Investors will have 10 options for…

Mutual Fund News in Mumbai, financial advisers recommend that investors put their money into a combination of liquid and ultra short-term funds, where they can earn up to 6.5%, which is potentially 50-200 basis points higher than comparable fixed deposits…

Small Savings Schemes interest rate | Senior Citizen Savings Scheme interest rate increased from 7.4 to 7.6 by 20 bps, and Monthly Income Account Scheme interest rate increased from 6.6 to 6.7 by 10 bps. Other programmes, such the PPF, Saving Deposit Scheme…

Analysis of the best mutual funds is a joint effort of ET Wealth and Value Research. In order to assist you in making an educated decision regarding your investment, we analyse the most important fundamentals of the fund, as well as its portfolio and performance.…

Geojit smartfolio Financial Services just released two unique equity indexes as part of its smart folio product. These indexes are based on the custom indexes made by MSCI. “Select” and “LMS” are the names of these curated model portfolio baskets. Both indices…

Equity funds are flush with cash. Equity funds hold over 4% cash, which is high compared to the prior three years. 18 equity funds have more than 10% of their portfolio in cash, while 106 have more than 5%. End-September data reveals Rs.70,800 crore in idle…

Atal Pension Yojana | From today, October 1, 2022, the government won’t let people with income tax invest in the Atal Pension Yojana (APY) or Atal Pension Scheme (APS). What will happen to the taxpayers who have already put money into APY? BankBazaar.com…

Best Infrastructure Fund while investing in infrastructure equities can be lucrative now, not everyone can handle the risks. Small investors typically make mistakes when their portfolios are in the red because individual stocks are unpredictable. If you want…

Mutual fund investors, especially debt mutual fund investors, should tread carefully after the RBI upped the repo rate on Friday. Rising interest rates may impact stock and debt market sentiment. The RBI upped the repo rate to 5.9%. The MPC met on 28-30 September…

Indian INR vs rising dollar | The Indian Rupee has lost about 9.5% of its value against the US Dollar since last year, when it was worth about Rs 73.21. It is now worth about Rs 81.50. In other words, the dollar has gotten 9.5% stronger against the Indian…

Personal loan credit score | Many people get turned down for loans because their credit scores or CIBIL scores aren’t high enough. A loan rejection can end a lot of people’s dreams. People with low credit scores also want to improve their way of life, but…

The grey market premium aka IPO GMP is information that is calculated based totally on the demand of the company that is arising with an IPO

Festive season investment scehmes | This is the time of year when you celebrate all the good things that have happened to you. It’s a celebration of the fact that the good in you wins over the bad. After all, our karma is what makes us who we are. Even in…

SEBI mutual fund unveiled a range of steps last week to put mutual funds under insider trading, strengthen IPO disclosures, and improve market settlements. SEBI mutual fund Friday at a board meeting, Sebi outlined several steps. Madhabi Puri Buch, Sebi’s…

Credit Suisse crisis | Most mutual fund investors notice when Sensex or Nifty lose or gain 1,000 points. Stock market movements are another issue. Runaway inflation, harsher rate hikes, higher oil costs, and a coming recession may be causing mutual fund investors…