A beginner's guide to ELSS funds
India Infoline News Service Jan-06-2019
Equity-linked savings schemes or ELSS funds have a lock-in period of three years, which is shorter than other tax-free investments. They offer advantages of wealth growth and tax saving as well. The mandatory lock-in period also helps secure savings.
Direct Mutual Funds vs. Regular Mutual Funds
India Infoline News Service Dec-21-2018
If you are comfortable taking all your investment decisions on your own, Direct Plans can be a good option. Otherwise, you are in safe hands by opting for a Regular Plan.
DHFL to sell entire DHFL Pramerica Asset Managers stake
India Infoline News Service Dec-18-2018
DHFL holds 50% stake in the mutual fund business17.12% directly and 32.88% through subsidiary DHFL Advisory and Investments Pvt. Ltd, according to the BSE filing.
Net inflows in equity schemes decline 34% in Nov 2018
India Infoline News Service Dec-07-2018
The total AUM of the mutual fund industry grew 8.1% mom to Rs24.03 lakh cr in November 2018 against 0.9% mom in October 2018. In November 2018. The AUM of all categories of mutual funds increased except Gold ETFs and FoFs (Overseas).
Financial Cos Rs61,911cr CPs with mutual funds due to mature in next 15 days
India Infoline News Service Nov-15-2018
The Indian mutual fund industry had Rs4.4 lakh cr worth of Commercial Papers (CPs) as on October 30, 2018, approx. 18% of the total AUM.
Industry AUM at Rs22.24 lakh cr in October, up 0.87% MoM
India Infoline News Service Nov-15-2018
SIPs continue to show an upward trend with a contribution of Rs7,985cr in October 2018 as against Rs7,727cr in September 2018.
BSE gets SEBI's nod to launch Gold Mini, Guarseed, Guargum futures contracts
India Infoline News Service Jan-16-2019
These futures contracts are monthly compulsory deliverable contracts with a lot size of 100 grams, 10 metric tons and 10 metric tons, respectively.
BSE signs MoU with Lucideus to secure stockbrokers' interests
India Infoline News Service Jan-15-2019
The SAFE platform integrates with the existing technology stack of an enterprise to provide a real-time cyber risk assessment (a number between 0-5) at a macro level across the organization that can be broken down into micro-level scoring individually for each asset.
Vakrangee launches 3,300+ NextGen Vakrangee Kendras across India
India Infoline News Service Jan-15-2019
These Nextgen Vakrangee Kendras offer a comprehensive range of products and services across banking, insurance, ATM, assisted e-Commerce, e-Governance, Financial services and Logistics.
V-Guard I First wires & cables manufacturer in India to get JUSE Certification
India Infoline News Service Jan-14-2019
The companys wires & cables plant at Coimbatore received this certification in a gala ceremony held at IITM-Gwalior recently.
BFSI, Retail top employment generators in last quarter of 2018: TimesJobs
India Infoline News Service Jan-11-2019
At 14% each, BFSI and Retail sectors also saw the highest talent demand in December 2018.
Norwegian Government Institution signs MoU for credit facility to Srei Equipment Finance
India Infoline News Service Jan-07-2019
The MoU was signed at the India-Norway Business Summit 2019 in the presence of Hon'ble Prime Minister of Norway, Erna Solberg. The MoU will strengthen the relationship between India and Norway economically.
FY20 GDP growth to be only a tad higher than in FY19, but more evenly spread
India Infoline News Service Jan-17-2019
Ind-Ra expects wholesale and retail inflation to average 3.4% and 4.3%, respectively, in FY20 (FY19: 4.9% and 3.5%).
India trade gap contracts to 10-month low on softer crude prices
India Infoline News Service Jan-16-2019
The gap between exports and imports was at $13bn in December, compared with $16.7bn in November, data released by the commerce ministry showed on Tuesday.
Business Optimism declined in Q1 2019; shows Dun & Bradstreet Composite BOI
India Infoline News Service Jan-14-2019
71% of the respondents expect volume of sales to increase in Q1 2019 compared to 75% in Q4 2018, a decrease of 4 percentage points. While 18% expect it to remain unchanged, 11% expect the volume of sales to decline.
At 3.8%, India's wholesale inflation at 8-month-low in Dec
India Infoline News Service Jan-14-2019
The Wholesale Price Index-based inflation was at 3.58% in the corresponding month of the previous year, as per government data.
New partnerships with Middle East forged at the CII Partnership Summit: Suresh Prabhu
India Infoline News Service Jan-14-2019
The Minister sees this partnership with Saudi Arabia and UAE as a benefit to Indian farmers who he believes will receive a better price for their produce as they will now be able to export any surplus of perishable goods.
Water crisis in India, its time to act in 2019
India Infoline News Service Jan-11-2019
Figured as the second most populated nation on the planet with over 1.2 billion individuals (Census, 2011); India's normal assets are under huge weight "Water" being the most fundamental among them.
