The UPI AutoPay Mandate for SIP registrations has been launched, as stated by Mirae Asset Mutual Fund. In order to assist Mirae Asset Mutual Fund investors in registering a SIP mandate utilizing the UPI AutoPay function, KFintech, BillDesk, and Mirae Asset Mutual Fund have collaborated to launch this project. According to the fund company, it …
UPI AutoPay is mandated by Mirae Asset Mutual Fund Now! Read More »
By submitting a draught offer document for Old Bridge Focused Equity Fund, the fund’s initial offering in the focused fund category, Kenneth Andrade’s Old Bridge Mutual Fund has entered the mutual fund industry. The fund will make 30 stock investments ranging in market value. The performance of the fund will be measured against the S&P …
With A Targeted Fund, Old Bridge MF Enters the MF Market Read More »
The market regulator has alleged that Ansari was providing trading recommendations under the guise of educational courses for which he even charged a huge amount of fee. It is also alleged that he was enticing customers/investors to purchase his courses/workshops through misleading or false information. Ansari or better known as Mohammed Nasiruddin Ansari, is an …
SEBI Bans Baap of Charts YOUTUBER Ansari From Security Market! Read More »
A shocking news has emerged regarding mutual funds a few weeks back. Currently, data has displayed that mutual funds do not invest money in about 90% of the companies in the stock market. You must have purchased some mutual fund scheme through SIP as there are a total of 427 active mutual funds schemes in …
Mutual Funds Utilizes Your Money in Only 10% Of The Total Market Shares Read More »
Groww is a new Indian startup that has currently surpassed the common trading household name Zerodha as the largest stock broking service in India. The founders, Nithin and Nikhil Kamath have now entered the clan of millionaire brothers who envisioned their glory via this user-friendly app that is ruling every investor’s heart . Surprisingly, Groww …
Groww leave behind Zerodha to become the top brokerage in active investors Read More »
During the week before, more than a thousand people were killed in an attack in Israel by the Palestinian militant group Hamas. It was anticipated that the market would respond to the current circumstances on Monday, and as a result, the market dropped. On Tuesday, though, the market recovered and ended the day about 1% …
Effect of the Israel-Hamas War on the Indian Stock Market Read More »
Today, October 6, the Reserve Bank of India (RBI) released its fourth bimonthly monetary policy. The Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta Das, kept rates and stance unchanged as anticipated. The MPC unanimously opted to maintain the policy repo rate at 6.50%. As a result, the bank rate, marginal standing facility, and …
RBI Monetary Policy 2023 – Top Highlights of RBI Governor Shaktikanta Das Announcement Read More »
The Reserve Bank of India (RBI) has prolonged the timeframe for the exchange and deposit of 2,000-rupee notes until October 7th. It’s worth noting that on May 19, the RBI discontinued the use of 2,000-rupee notes and provided a grace period of approximately four months for individuals to either deposit or exchange these notes. The …
Important Update: Exchange of Rs 2,000 Notes Limited to RBI Offices UPTIL October 7th Read More »
The final date for mutual fund investors to furnish their nomination particulars for their mutual fund portfolio is set for September 30, 2023. Failure to comply with this directive, as outlined in the new regulation established by the Securities and Exchange Board of India (SEBI), will result in the freezing of the portfolio. In its …
On September 11th 2023, The Nifty 50 index soared beyond 20,000 today, setting an all-time high, marking a significant historical landmark for the Indian stock market. This outstanding accomplishment serves as proof of India’s economy’s durability and prosperity despite several difficulties and uncertainties in recent years. The Nifty has risen by 17 percent since the …
For the First Time Ever, the Nifty50 Crosses the 20,000 Milestone Read More »
