Money
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Investing in Mutual Funds: A Smart Strategy for Financing Overseas Education
In an era of globalized education, more students are aspiring to study abroad. However, the high costs associated with international education often lead to substantial student loans. A growing trend among forward-thinking parents and students is using mutual funds as a savings vehicle for overseas education expenses. This approach can potentially alleviate the burden of loans and set students on…
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RBL Bank Launches All-in-One UPI, NCMC RuPay Credit Card
In a groundbreaking move, RBL Bank has launched an innovative payment solution that combines multiple functionalities into a single card. The bank has successfully integrated Unified Payments Interface (UPI) and National Common Mobility Card (NCMC) services on its RuPay Credit Cards, marking a significant milestone in the digital payments landscape. This cutting-edge offering is designed to provide users with a…
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Difference between direct and regular mutual funds
Did you know that there are two types of plans in mutual funds in India – direct plan and regular plan. Let’s take a look at the difference between these two types of plans in mutual funds. What are mutual funds Before we dive into the differences, let’s quickly understand what are mutual funds. Mutual funds are like a big…
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‘MF Power’ a New Mutual Fund Offering from DSIJ Private Limited
If you do not understand the complexities of the market but still want to invest, don’t worry! Mutual Fund is the best product one can opt to create wealth. There are ample types of mutual funds in the market and selecting the one that will suit your requirements and meet your needs is indeed a difficult task. It demands a…
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LIC Nomura Mutual Fund Launches LIC Nomura MF Dual Advantage Fixed Term Plan – Series 1
Key highlights: A close ended income scheme NFO opens: Monday, June 22, 2015 NFO closes: Monday, July 06, 2015 Risk carried: Medium risk (Yellow) Plan available: Regular and Direct Entry and Exit load: NIL Payout option: Growth and Dividend payout Benchmark- CRISIL MIP Blended Index Minimum Application amount: INR 5, 000/- and in multiples of INR 1/- thereafter Investment strategy…
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HDFC Bank Q4 Profit Jumps 37% on Strong Non-Interest Income
Bengaluru, Karnataka – April 20, 2024: HDFC Bank, a leading private sector lender, reported a 37.1% year-on-year increase in net profit for the quarter ended March 31, 2024, at Rs 16,512 crore. This growth was driven by a significant rise in non-interest income, which more than doubled to Rs 18,166 crore compared to Rs 8,731 crore in the same period…
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Gold Prices Climb in India on US Interest Rate Cut Speculation
Bengaluru, India – March 10, 2024: Gold prices in India have continued their upward trend for the past ten days, mirroring a global surge. This rise is attributed to anticipation of a potential interest rate cut by the US Federal Reserve. Investors are holding off on major decisions until the Fed’s stance becomes clearer. Currently, 10 grams of 22-carat gold…
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Beat Inflation and Earn High Returns with Shriram Fixed Deposits!
Tired of watching your savings lose value to inflation? Shriram Fixed Deposits offer a safe and secure solution to grow your money. Backed by the trust of millions, Shriram FDs are perfect for anyone seeking steady returns, guaranteed growth, and inflation-beating benefits. Here’s why Shriram FDs stand out: Top Safety Ratings: Rated “[ICRA]AA+ (Stable)” by ICRA and “IND AA+/Stable” by India…
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Robo-Advisors vs. Mutual Funds: Your Guide to Smart Investing
Choosing the right investment strategy can be overwhelming. With so many options available, it’s crucial to understand the key differences between popular choices like robo-advisors and mutual funds to make informed decisions that align with your financial goals and risk tolerance. Robo-Advisors: Automated Investing for the Digital Age What are they? Robo-advisors are online investment platforms that use sophisticated algorithms…
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ESG Investing Through Mutual Funds: Impact Beyond the Buzzword
The world of investing is increasingly embracing the concept of Environmental, Social, and Governance (ESG) factors. But for many, the question remains: what’s the real impact of ESG investing through mutual funds? Does it truly contribute to positive change, or is it just a marketing ploy? This article dives deep into the world of ESG mutual funds, exploring their potential…
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