Investments
Mutual Funds' NFO Collection Drops 42% to Rs 62,342 Crore in FY23; AMCs Float 12 NFOs in FY24
A total of 253 new schemes were floated in FY23, which was way higher than 176 new fund offers launched in 2021-22, according to the data compiled by Morningstar India
Stop Overpaying Taxes! Learn How To Claim Rs 10,000 Deduction On Your Interest Income Now
The deduction on interest earned on savings accounts under Section 80TTA provides a small relief to taxpayers and encourages savings.
When Should You Exit A Badly Performing Mutual Fund? Know Here
Talk to your investment advisor about the mutual fund’s underperformance before taking a final call
Strong Push From Retail Investors: Mutual Funds Invest Rs 1.82 Lakh Cr In Equities In FY23
According to the Sebi data, mutual funds have invested a net amount of Rs 1.82 lakh crore in the just concluded financial year.
Bank FD: ICICI Bank vs PNB vs HDFC Bank; Check Comparison of Latest Interest Rates
Here's the comparison of the current fixed deposit (FD) interest rates offered by three lenders ICICI Bank, PNB, HDFC Bank and on deposits below Rs 2 crore
Filing ITR? Know Which Form Should You Use To File Your Income Tax Return
In order to make filing returns easier, the Income Tax Department has put out several different forms that an individual taxpayer can use
SBI Dividend Yield Fund NFO: Rs 3,600 Crore Mobilised, Reopening On March 17
New Fund Offer is like an IPO except that, IPO is marketed by a company trying to go public while NFO is marketed by a Mutual Fund to launch a new scheme.
Dos And Don'ts While Investing In Stocks Or Saving Schemes Through Brokers
Securities and Exchange Board of India has also listed Dos and Don’ts while dealing with brokers and sub-brokers.
New NPS Rule from April 1: Upload These Documents for Timely Payment of Pension and Lump Sum
National Pension System (NPS) offers affordable social security to citizens. It is low-cost, tax-efficient plan to which both employees and employers contribute.
EPF Interest 2021-22, Trustees Flag Non-Credit Issue; Check Latest Update
The Central Board of Trustees is the apex decision-making body of the EPFO.
Sukanya Samriddhi Yojana: Open Account With Rs 250, Get Rs 2.5 Lakh at Maturity; Detail Here
The Centre recently fixed the interest rate on Sukanya Samriddhi Yojana at 7.6 per cent for January-March 2023
Your Step By Step Guide For KYC Update On EPFO Portal
The EPF accounts can be easily transferred if the KYC details are updated.
Earn Up To 8.1% Interest Rate On This Non-Bank FD; Detail Here
Bajaj Finance is offering FD rates for investors up to 8.10 per cent per annum on their deposits
Indian Overseas Bank Increases MCLR, EMIs to Get Costlier; Details
Indian Overseas Bank has hiked the marginal cost of funds (MCLR) by 15 to 35 basis points across tenures
Govt Launches Fourth Tranche of Bharat Bond ETF; Details Here
These Bharat Bond ETF and Bharat Bond Fund of Fund series will mature in April 2033; the funds raised will be utilised for undertaking capex by central public sector enterprises
PNB Offers Extra 0.80% FD Interest Rate for These Senior Citizens; Know Details
Banks usually offer a higher interest rate, 50 bps, to senior citizens (60 years and above) over and above the FD rates of the general public
