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Inflows to mutual funds via systematic investment plans spiked in the fiscal year 2023-24, rising from ₹13,700 crore in April 2023 to ₹19,271 cr
Economy - 7 months ago
The mature retail investor understood that pandemic or not, cheap money was going to drive the markets non-stop.
Economy - 7 months ago
One key concept that retail investors still need to be sensitized on is that higher returns also come with high risks.
Economy - 7 months ago
Section 54 allows an exemption for long-term capital gains from selling a residential house by investing in one house within the prescribed period. Mu
Economy - 7 months ago
How to become rich: Experts emphasise the potential of Mutual Fund SIPs for long-term wealth accumulation. By incrementally increasing monthly SIP con
Economy - 7 months ago
The UAN (Universal Account Number) and aadhaar given by the new employer to the PFRDA must be the same as what the pension fund authority has in its r
Economy - 7 months ago
Debt funds, which are instruments to invest in fixed-income securities like bonds, saw a massive ₹1.98 lakh crore outflow in March 2024. Debt funds
Economy - 7 months ago
Mutual fund folios hit an all-time high of 17.78 crore in March 2024. Retail MF folios also reached a new high of 14.24 crore in March 2024, compared
Economy - 7 months ago
PPI customers can use any of their UPI apps to access any of their wallets, even if the wallet and the UPI app belong to different companies.
Economy - 7 months ago
Broader benchmark indices Sensex and Nifty spiked nearly 18.74 per cent and 20.03 per cent respectively in 2023. The market continued its gaining spre
Economy - 7 months ago
If we consider inflation of 6% then the monthly amount required for regular expenses at the time of your retirement will be ₹1.60 lakh.
Economy - 7 months ago
The distinction between good debt and bad debt is about the level of prudence. Debt is not anathema; it is when you treat debt casually that bad debt
Economy - 7 months ago
There will be no hike in GSV for policies; secondary market sales can help curb.
Economy - 7 months ago
By getting access to your credit report, you can evaluate your creditworthiness, look for areas for improvement, monitor credit health, and use it bef
Economy - 7 months ago
CIBIL is one of the leading credit bureaus and one can access one's credit report from their portal by registering and following the necessary authent
Economy - 7 months ago
A resident individual is permitted to provide a rupee loan to any of their siblings in their NRO account under the LRS framework.
Economy - 7 months ago
Early retirement is possible by investing the requisite amount in an instrument which can grow well in the accumulation phase and takes care of regula
Economy - 7 months ago
SOA is free, while demat accounts have multiple options for those interested in active trading.
Economy - 7 months ago
HDFC Bank offers highest interest rate of 7.25 percent on its deposits with tenure of 18 to 21 months. The bank also offers 7.15 percent on fixed depo
Economy - 7 months ago
Explore lesser known tax saving tips beyond Section 80C investments like PPF and ELSS, such as Section 80GG for rent expenses, Section 80D for medical
Economy - 7 months ago

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