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MUTUAL FUNDS

Credit Profile of Textile Sector

As per RBI data credit exposure to the textiles sector increased to Rs. 203549 crores during March 2019 from Rs. 196818 crores during October 2018 which declined to Rs. 187677 crores during October 2019. Bank credit record 8.4% year on year growth (October 2019/October 2018) for Jute Sector, 9.5% year ... Read More »

Be on Top of The Tax-Saving Game With these 5 Investments

Tax-saving investments are an essential part of both salaried and non-salaried taxpayers as they offer tax deductions under various sections of the income tax act. As a smart investor, you should opt for investments that not only provide the benefits of tax exemptions but also helps you earn tax-free income. ... Read More »

Sovereign Gold Bond Scheme 2019-20 (Series-6) opened

The Sovereign Gold Bond Scheme 2019-20 (Series-6) opened. It will continue till Friday. The issue price of the Bond during this subion period will be three thousand eight hundred and 35 rupees per gram, with the settlement date of 30th of this month. The Centre, in consultation with the Reserve ... Read More »

Reliance Mutual Fund Renamed To Nippon India Mutual Fund

Udaipur : Reliance Mutual Fund today got renamed as Nippon India Mutual Fund. Nippon Life Insurancehad recently completed the purchaseof 75% stake in company tobecome the single largest shareholder in the company. This will also help Nippon India Mutual Fundto leverage on the legacy and global expertise of Nippon Life ... Read More »

Bajaj Auto reports 20% fall in September sales

Bajaj Auto has registered a fall of 20% in total sales to 402,035 units in September 2019 against 502,009 units in September 2018. The sales of the motorcycles decreased by 22% and stood at 336,730 units in September 2019 under review against 430,939 units in September 2018. The company has ... Read More »

Polycab India inaugurates Polycab Experience Centre in Lohar Chawl

Polycab India has inaugurated its first‐ever Polycab Experience Centre in the country in Lohar Chawl ‐ Mumbai’s largest iconic wholesale market for electrical goods. Polycab Experience Centre showcases the entire premium range of high quality offerings in various categories such as Wires, Cables, innovative frame retardant products developed through a ... Read More »

ICICI Pru MF introduces Commodities Fund

ICICI Pru Mutual Fund (MF) has launched the ICICI Prudential Commodities Fund, an open ended equity scheme. The NFO opens for subscription on September 25, 2019 and closes on October 09, 2019. Entry load is nil and Exit load will be 1% of applicable Net Asset Value, if the amount ... Read More »

HDFC mutual funds investment made easy by SIP calculators

HDFC Mutual Funds need no fancy introduction. One of the leading fund houses in the country, they offer a diversified portfolio of products across asset and risk classes. Benefits associated with HDFC Mutual Funds Market credibility and ratings HDFC Mutual Funds give investors a platform to invest and profit from ... Read More »