Latest Saving, Investing & Mutual Fund Articles

Bandhan MF has launched a New Fund Offer (NFO), the Bandhan BSE Healthcare Index Fund. As the name suggests it will be tracking the BSE Healthcare Index which provides exposure to nearly the entire listed universe of healthcare stocks. Currently, there are three index funds in the pharmaceuticals/healthcare sector...

ITI Mutual Fund has launched a New Fund Offer (NFO), ITI Large and Midcap Fund. As per SEBI's mandate, large and midcap funds must invest at least 35% of their assets in large cap stocks (top 100 stocks by market capitalization) and minimum 35% of their assets in midcap stocks (101^st to 250^th stocks by market capitalization...

The Finance Minister announced some important taxation changes for both financial and non-financial assets in the Union Budget 2024. In her Budget speech, the Finance Minister said that the purpose of making these tax changes is "simplification and rationalisation of capital gains". In this article, we will discuss the...

We need income or cash-flows to pay for our expenses, regular or unplanned. Our regular expenses include food, rent / EMI, utilities, school fees, transportation etc. Unplanned expenses can be those related to medical emergencies, repairs, replacing assets etc. How do we pay for these expenses? Salaried...

Nippon India MF has launched a new fund offer (NFO), Nippon India Nifty 500 Equal Weight Index Fund. As the name suggests, the fund tracks Nifty 500 Equal Weight Index. Nippon India MF as an asset management company (AMC) has deep expertise in passive products. The AMC has more than 30 Exchange...

Many investors have substantial amounts lying idle in their savings bank accounts – as on 14th June 2024, र 25,35,399 Crores were deployed in savings and current account. Interest on savings bank balance is currently around 3%. Savings bank interest is taxable under the head “Income from other...

Bank of India Mutual Fund has launched a new fund offer (NFO), Bank of India Business Cycle Fund. The fund focuses on riding business cycles by identifying and investing in growth themes through dynamic allocation across sectors and stocks at different stages of business cycle, resulting from the impact of medium...

Equity market has enjoyed a long bull run for past 2 years. The leading indices are near all time highs. The broader market has outperformed the Nifty 50. As per AMFI data, in May 2024, assets under management (AUM) in midcap funds crossed AUM of large cap funds for the first time. When market is at record high, there are...

Motilal Oswal MF has launched a New Fund Offer (NFO), Motilal Oswal Business Cycle Fund. The fund will invest in themes that are likely to benefit in the current business cycle phase. India is currently going through an expansionary economic growth phase. By investing in companies and sectors...

Mirae Asset Large and Midcap Fund is one of the most popular diversified equity funds among retail investors. The fund has the highest asset under management (AUM) in the large and midcap funds category. According to SEBI’s mandate, large and midcap funds must invest minimum 35% of their assets in large cap...