Investing
-
Max Group Promoters Clarify Position on SEBI Order Regarding Consolidation of Shareholdings under Family Trust
Promoter family will continue to own and control the entire shareholding even after the proposed consolidation Benefit of exemption provided to MFS should have been extended to Max India and MaxVIL as well SEBI has not mandated an Open Offer anywhere in its order Max Group’s Promoters issued a clarification on Wednesday, 11th July 2018, in relation to various news…
Read More » -
Want to Make Your Money Work Harder? Here’s How to Transform Your Savings!
Investing wisely for the future requires a grounded approach, especially in an unpredictable financial landscape. While many dream of quick riches and high-yield returns, the reality is that successful investing revolves around two key principles: increasing your contributions and allowing your investments more time to grow. Below are ten essential pointers that outline a pragmatic strategy for achieving your financial…
Read More » -
Nippon India Mutual Fund Revises Subscription Limits for Small Cap Fund
Nippon India Mutual Fund has announced revised subscription limits for its Small Cap Fund, effective August 16, 2024. The changes include a shift in daily investment limits for new SIPs and STPs to Rs 50,000 per transaction or installment, and the introduction of a monthly overall limit of Rs 11,50,000 per PAN. These adjustments aim to manage inflows and ensure…
Read More » -
Global Gold ETFs Reach New Highs as India Drives Inflows with 4.5% Monthly Return
Asia continues to strengthen its position as a magnet for gold investments, marking the 17th consecutive month of inflows with a notable USD 438 million influx in July, according to a recent report by the World Gold Council. India has emerged as a leader in these inflows, largely due to the reduction in gold import duty from 15 per cent…
Read More » -
Akums Drugs and Pharamaceuticals IPO Oversubscribed 63.5 Times, Strong Market Debut Expected
Akums Drugs and Pharmaceuticals, a leading name in the Indian pharmaceutical industry, is poised for its much-anticipated debut on the stock exchanges this Tuesday. With a robust subscription rate and a significant Grey Market Premium (GMP), the company’s initial public offering (IPO) has garnered substantial investor interest. Here are five key points about Akums’ IPO and its market debut: Strong…
Read More » -
Ola Electric IPO Fully Subscribed on Day Two, Attracts Strong Investor Interest
The initial public offering (IPO) of Ola Electric has garnered full subscription on the second day of its bidding process, following a 35% subscription on the first day. The issue received bids for 49,43,85,840 shares, amounting to 1.06 times the issue size of 46,51,59,451 shares. The retail individual investor (RII) quota was notably oversubscribed at 2.87 times, while the non-institutional…
Read More » -
Top-Performing Mutual Funds in 2024: Based on Historical Performance
As we navigate the investment landscape in 2024, Indian investors are seeking mutual funds with proven track records. We’ve compiled a list of top-performing funds across various categories, based on their historical returns. Remember, while past performance doesn’t guarantee future results, it can be a useful indicator of a fund’s potential. Equity Funds: Consistent Performers Axis Bluechip Fund – Direct…
Read More » -
Top Mutual Funds to Invest In: A Comprehensive Guide
Mutual funds offer a diverse range of investment opportunities, pooling money from many investors to invest in various securities. Choosing the right mutual fund can be challenging given the numerous options available. This guide will highlight some of the top mutual funds to consider for investment, taking into account various factors such as performance, risk, and investment goals. Key Considerations…
Read More » -
Build Wealth Effortlessly with Systematic Investment Plans (SIPs)
What is a Systematic Investment Plan (SIP)? A Systematic Investment Plan (SIP) is a method of investing in mutual funds where an investor regularly contributes a fixed amount of money at predetermined intervals (usually monthly). This approach allows investors to benefit from rupee cost averaging and helps in building wealth over time. Key Features of SIPs Regular Investments: SIPs involve…
Read More » -
Mutual Funds : Why Index Funds Are the Future of Investing
Index funds are a type of mutual fund or exchange-traded fund (ETF) designed to replicate the performance of a specific market index. A market index tracks the performance of a group of assets representing a segment of the financial market. Common examples of market indexes include the S&P 500, the Dow Jones Industrial Average, and the Nasdaq Composite. How Do…
Read More »
