Money
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DSP Mutual Fund Introduces ‘Quality-Focused’ Smallcap Fund – DSP NSQ50IF
DSP Mutual Fund has unveiled the DSP Nifty Smallcap250 Quality 50 Index Fund (DSP NSQ50IF), a groundbreaking ‘Quality-Focused’ Smallcap Fund. This open-ended scheme tracks the Nifty Smallcap250 Quality 50 Index, applying meticulous exclusion and selection criteria to identify 50 quality stocks from the broader Nifty Smallcap250 universe. Anil Ghelani, CFA, Head of Passive Investments & Products at DSP Mutual Fund,…
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IIFL Samasta Finance Gears Up for ₹1,000 Crore Bond Listing on BSE and NSE
IIFL Samasta Finance, a prominent NBFC-MFI in India, is set to raise ₹1,000 crore through its debut public offering of secured bonds. The funds aim to support business expansion and enhance capital resources, offering investors a secure opportunity with interest rates up to 10.50%. The company plans to issue ₹200 crore initially, with a green-shoe option for oversubscription, potentially raising…
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Demystifying Cryptocurrency: A Comprehensive Guide for Beginners
In today’s tech-driven era, the concept of cryptocurrency has emerged as a revolutionary force, transforming the financial landscape and capturing the attention of both individuals and institutions worldwide. However, for many, the intricacies of cryptocurrency remain shrouded in mystery, making it a daunting subject to grasp. This comprehensive guide aims to demystify the world of cryptocurrency, providing a clear and…
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Crypto Market Hits 2023 High as Bitcoin Tops $41,000 and Ethereum Exceeds $2,200
Bitcoin and Ethereum have surged, surpassing $41,000 and $2,200, respectively, marking the best crypto market performance since May 2022. The total crypto market cap has reached $1.54 trillion, a 2023 high. This rally is attributed to growing confidence in the crypto market, fueled by expectations of a 2024 interest rate cut by the US Federal Reserve and potential approval of…
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Demystifying Money Laundering: Understanding the Illegal Process of Cleaning Dirty Money
Money laundering, a term often associated with crime and corruption, can seem complex and shrouded in mystery. This article aims to demystify this process by providing a clear and comprehensive understanding of what money laundering is, how it works, why it’s illegal, and its impact on society. What is Money Laundering? In simple terms, money laundering is the process of…
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Axis Mutual Fund Introduces Manufacturing Fund
Axis Mutual Fund unveiled its latest offering on Wednesday – the ‘Axis India Manufacturing Fund.’ Scheduled to kick off on December 1, 2023, and run until December 15, 2023, the open-ended equity scheme is set to be benchmarked against the Nifty India Manufacturing TRI. The fund’s primary objective is to achieve long-term capital appreciation by strategically investing in companies operating…
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Gold Investment Strategies for Smart Portfolios and Financial Growth
Gold, a timeless symbol of wealth and prestige, has captivated humanity throughout history. Beyond its aesthetic allure, gold stands out as a significant financial asset, drawing investors seeking diversification and a safe haven for their wealth. The Allure of Gold Historical Significance Gold’s presence in human societies dates back millennia, evidence of its use as currency and adornment found across…
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FlexiCap Funds Demystified: Unleashing Investment Potential with Versatility
In the dynamic world of investments, FlexiCap Funds are gaining prominence as a versatile choice for savvy investors seeking flexibility and growth. This exploration delves into the intricacies of FlexiCap Funds, decoding strategies, benefits, and expert insights to guide investors in optimizing their portfolios. Understanding FlexiCap Funds: FlexiCap Funds, or Flexible Capitalization Funds, redefine traditional investment norms by offering adaptability…
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AEPS Scams on Rise- Your Money at Risk Without Sharing OTPs or Account Details
Your Money is Not Safe Even Without Sharing OTPs or Account Details: The Silent Threat of AEPS Scams In today’s digitally driven world, where convenience and connectivity dominate our lives, financial transactions have become more seamless than ever before. However, this ease of access has also opened up new avenues for cybercriminals to exploit unsuspecting individuals. One such growing threat…
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Kotak Mutual Fund’s Kotak Healthcare Fund: A Promising Investment in India’s Healthcare Boom
In a move that signals growing investor confidence in India’s healthcare sector, Kotak Mutual Fund has launched the Kotak Healthcare Fund, an open-ended equity scheme that will invest in pharma, healthcare, and allied sectors. The fund aims to generate long-term capital appreciation by investing in a diversified portfolio of healthcare-related stocks across various segments, including pharmaceuticals, hospitals, diagnostics, and wellness.…
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