The fund offers deduction under Sec. 80C and the minimum lock-in period would be three years as in any other ELSS.
Facing strident demands for the arrest of Raghuraj Pratap Singh alias Raja Bhaiya booked in the DSP murder case, Uttar Pradesh Chief Minister Akhilesh Yadav on Wednesday promised to take action against those found guilty.
Hizbul Mujahideen terrorist Sajid Ahmad Gilkar was killed in an encounter on Wednesday.
An 18-year-old NEET aspirant from West Bengal, preparing for the medical entrance test in Kota at a coaching institute, died on Wednesday morning after being found unconscious in his PG room, the police said.
Police appointed an inspector general to probe into an unverified letter that surfaced on social media, purportedly written weeks before his death by Deputy Superintendent of Police Devendra Mishra. It had alleged links between the Chaubeypur station officer and the gangster.
'What social justice is Tejashwi talking about?' 'Muslims in Bihar are asking we are 18%, and you are giving us 2 seats.'
A Deputy Superintendent of Police was assaulted by armed liquor smugglers when he along with his team went to raid an illicit liquor shop in Pilkhuwa area in Ghaziabad, police said on Wednesday.
Congress Vice-President Rahul Gandhi on Saturday met the family of slain DSP Zia-ul-Haq at his village in Deoria and assured that they will get justice.
DSP Merrill Lynch Fund Managers Limited Senior Vice President Anup Maheswari told reporters in Kolkata on Tuesday that the fund, to be launched next month, would target small and mid-cap companies having huge growth potential.\n
Bhola Kaushika came to Kota as a 17-year-old with a dream in his eyes to become an engineer. Instead, he became an outlaw.
The change in debt fund taxation is seen as boosting the demand for hybrid funds. It is no surprise then that asset management companies (AMCs) have launched a raft of new products in the multi-asset category. However, they seem to be divided on the asset mix and approach. The multi-asset space, which provides fund houses ample scope to innovate, has seen five launches in as many months.
Actively managed debt funds with the flexibility to go long on duration made a strong comeback on the returns chart in 2023, thanks to softening bond yields. The average one-year returns of floater, long-duration, gilt, and dynamic bond funds, which ranged between 2.3 per cent and 4.5 per cent at the end of 2022, now stand at over 7.2 per cent, with some schemes delivering over 8.5 per cent, according to data from Value Research. Debt fund returns are inversely related to yields of underlying investments, meaning a decline in yields is positive for funds.
According to the confession statement of Radha Kishan Rao, 'Peddayana' was very angry for not completing the work as per his expectation.
A 16-year-old JEE aspirant allegedly hanged himself in his hostel room in Kota, hours after the National Testing Agency published the answer key for the first edition of JEE-Main 2024, the police said on Tuesday.
There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu.
The widow of slain police officer Zia-Ul-Haq has refused to accept the job offered by the Uttar Pradesh government saying that she would not accept anything other than a DSP's post.
Only investors with a higher risk appetite should enter these funds.
The Central Bureau of Investigation on Friday filed a chargesheet before the special court in the murder of Kunda DSP Zia-ul Haq without naming former minister Raja Bhaiya, who was an accused in the FIR filed by the officer's wife.
Soumendra Nath Lahiri, senior VP, Equities, at DSP Merrill Lynch, says that they have maximum midcap exposure to media and IT in Opportunities Fund. The company has increased exposure to Mastek and Deccan Chronicle, he adds.
The wife of slain DSP Zia-Ul-Haq was on Friday night appointed as Officer on Special Duty Welfare by the Uttar Pradesh government.
Union Minister of State for Home R P N Singh met the family of the slain Uttar Pradesh DSP Zia-ul Haq at his native village here and assured that the CBI probing the case would expose the guilty.
The students were identified as G Dinesh (22) from Wanaparthy in Telangana and Nikesh (21) from Srikakulam in Andhra Pradesh.
rediffGURU Sunil Lala answers your personal finance-related queries.
He used his service revolver to kill them.
An 18-year-old student preparing for the Joint Entrance Examination (JEE) allegedly hanged herself at her home in Kota on Monday, leaving behind a suicide note saying sorry to her parents and calling herself a 'loser'.
DSP Merrill Lynch Mutual Fund on Monday launched three new schemes and targets to raise Rs 750 crore (Rs 7.50 billion) through the initial public offering for these schemes.
The police detained a couple after they mentioned about "a bomb in the bag" -- which turned out to be a false alarm -- during security check at Goa's Dabolim International Airport, delaying the flight they were to board by almost 90 minutes, an official said on Wednesday.
Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
The letter, which has surfaced on social media, alleges that station officer Vinay Tiwari had got a serious charge against Dubey dropped. Police suspect that Vinay Tiwari may have tipped-off Dubey that a police team was on its way to arrest him.
The arrests came on the basis of interrogation of five Al-Badr terrorists nabbed over the past two days.
A woman accused the India hockey player of sexually abusing her multiple times when she was a minor.
New York-headquartered hedge fund BlackRock Inc has acquired the 40 per cent stake held by Merrill Lynch in mutual fund DSP Merrill Lynch Fund Managers, in a move that signals the world's fifth largest asset manager's entry into the booming Indian market.
Former Uttar Pradesh minister Raghuraj Pratap Singh alias Raja Bhaiya Thursday underwent lie-detection test in connection with the murder of Kunda DSP Zia-ul-Haq.
CBI sources said 44-year old Raja Bhaiya, who is prime accused in the FIR registered by Kunda DSP Zia-ul-Haq's wife Parveen Azar, has been summoned by the agency for questioning in connection with the larger conspiracy related to the murder of Balipur village head Nanhe Yadav.
Chief Minister Mehbooba Mufti warned that there could be a backlash if the force loses patience.
Buoyed by the 'feel good factor' in the economy, investment banking firm DSP Merrill Lynch on wednesday raised India's GDP forecast for 2003-04 to 7.3 per cent from the earlier prediction of 6.7 per cent.
Rajasthan minister Shanti Dhariwal has said love affair was a reason behind many suicide cases among students, including a 16-year-old girl who died at her hostel recently, provoking her father to ask him for evidence.
The Central Bureau of Investigation is all set to start a probe into the death of DSP Zia-ul-Haq in Pratapgarh in Uttar Pradesh in the backdrop of a growing demand for action against the state's ruling Samajwadi Party leader Raghuraj Pratap Singh alias Raja Bhaiya.
DSP Merrill Lynch aims to raise Rs 700-750 crore (Rs 7-7.50 billion) from its three new schemes, which will open on Tuesday.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances