Browsing Tag
MF
FD vs mutual funds: Which is a better option for first-time investors?
Many first-time investors in equity markets who enter via equity-oriented mutual funds (MFs) often complain of high market volatility and having a bad experience and as a result, their…
Mutual funds: Sebi extends deadline for compliance with certain directions to July 1
New Delhi, Providing more time to fund houses, Sebi on Thursday extended the deadline for implementing certain directions for mutual funds, including those pertaining to usage of pool…
Mutual fund SIP contribution hits record Rs 11,305 crore
NEW DELHI: The systematic investment plan (SIP) for December 2021 hit its highest ever at Rs 11,305.34 crore, crossing Rs 11,000 crore mark for the second consecutive month.
Amfi data…
Redeemed mutual fund units soon after transmission? Know the tax implications
Once the transmitted units are redeemed or switched or transferred any time after the 15-day cooling period, the gain, if any, will become taxable.Transmission takes place after the death of…
How a financial planner can help you grow your wealth, save taxes
A financial planner can assist in evaluating a cluttered, directionless or inadequate performing portfolio, in the context of one's risk profile, while suggesting the right course.While most…
WSJ News Exclusive | Didi Global Prices IPO at $14 a Share
Chinese ride-hailing goliath Didi Global Inc. priced its IPO at $14 on Tuesday afternoon, according to people familiar with the matter, setting the stage for the company to begin…