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First SGB batch to mature on 30 Nov: Will it deliver over 12% returns?

People who invested in the first series of Gold Bonds are about to get bumper returns on their invested. The first Gold Bonds were released in Nov 2015 at Rs. 2,684 per gram.

Savings stagnate for Indians in 2023, MFs pip FDs as top investment choice

Mutual funds are the number one investment choice for Indians, followed by fixed deposits. However, a majority still prefer to park their capital in savings bank accounts.

RBI ban on 2 Bajaj Finance e-lending products: How it impacts borrowers

Last week, the Reserve Bank of India (RBI) ordered Bajaj Finance to stop issuing new loans through its 'eCOM' and 'Insta EMI Card' due to non-compliance with the digital lending guidelines.

GMR airports to Emami: Companies with highest pledged holdings by promoters

1.22% of promoter holdings was pledged at the end of the September quarter compared with 1.36% in the June quarter

This data point shows global investors are again looking towards India

India-focused offshore funds and exchange-traded funds (ETFs) registered the highest-ever quarterly inflow of $7.97 billion in the September quarter

Most bought stocks by mutual funds in October: Bajaj Auto, TechM, HeroMoto

MFs were net buyers of 63 per cent stocks in the Nifty Midcap 100 stocks, of which the highest MoM was seen in L&T Finance Holdings , Vodafone Idea, Syngene Intl, PB Fintech, Aurobindo Pharma

Mutual fund redemptions dip to 6-month low in Oct, equity AUM up 24.5% YTD

Equity AUM for domestic MFs (including ELSS and index funds) decreased 1.4% MoM to Rs 20.7 trillion Oct'23, led by a fall in market indices (Nifty down 2.8% MoM).

Refinance to lower rate but keep up higher EMI to become debt-free faster

Banks have been luring homebuyers this festive season with reduced home loan interests, waiver of processing fees and loan prepayment charges.

In charts: It takes 15 months to build an emergency fund 3X your income

Consider exploring advanced wealth-creation strategies, diversify your investments, invest and save consistently, and stay informed about emerging financial trends.

Delhi air: 50% surge in health insurance inquiries, most pick Rs 1 cr cover

Many are choosing the Rs 1 crore cover, a combination of base and super top-up

After 5 months of net outflows, large-caps finally turn a corner in October

Aside from an increase in net flows across all categories of equity funds, small cap mutual fund (MF) schemes got inflows worth Rs 4,495 crore in October 2023, up from Rs 2,678 crore in September

11% CAGR in 20 yrs: How does gold compare against Nifty 50 during crisis?

The study highlights that in times of geopolitical uncertainty, gold is expected to trend higher in the immediate term.

Diwali season: Do you have to pay tax on gifts received ?

If you receive a cash gift of Rs. 1 lakh from your husband on Diwali, you will not be liable to pay tax on the gift, as it is from a specified relative.

Investors pick arbitrage funds as a tax-efficient substitute for liquid funds

On the passive side, equity claimed the lion's share with around 78% of net inflows, while commodities held an 18% share.

MFs, SGBs or ETFs? How to pick the right digital gold investment option

For those looking to invest in gold, sovereign gold bonds (SGBs) are superior to gold ETFs and gold mutual funds

Card devaluation: How to pick between Axis Bank Magnus and HDFC Regalia Gold

The difference between annual fees of HDFC Regalia Gold (Rs. 2500) and Axis Magnus (Rs. 12,500) is also huge, making it an important consideration for consumers while making a choice.

Explained: India emerges as global leader in the number of IPOs in 2023

The third quarter of 2023 saw a staggering 21 IPOs in the Indian main market, compared to just four in the same quarter of 2022. India has topped the world in terms of the number of initial public off

Looking to buy a house or car this Diwali? Here are various offers by banks

It is recommended that you take your time to compare offers from different banks instead of rushing for the initial one you encounter.

HDFC Regalia to Axis Magnus: Why banks are devaluing popular credit cards

Credit card devaluation occurs when the value and benefits offered by a credit card decrease over time.

53% opt for personal loan even before 30, Bengaluru most credit healthy city

A whopping 53% of Indians took their first personal loan before reaching the age of 30, and 22% of the personal loan consumers were under the age of 25