'The ability to tailor schemes to market conditions and invest in unlisted equity and real estate, as well as commodities, makes Alternative Investment Funds a sought after platform.'
Add a term plan with a child mutual fund for best results.
UBI says banking sector to perform well
As you spruce up for Dussehra puja this year, we have a suggestion for you! How about looking at your finances in a whole new way?
Women dominate Indian banks's clerical and officer rolls, but few make it to the executive office these days, notes Tamal Bandyopadhyay.
Reliance Industries raced to 52-week high on better than estimated earnings and announcement of bonus share.
The Jan Dhan scheme restricts the scope of life insurance cover to bring down burden on the exchequer.
The Sensex ended up 380 points at 27,888 and the Nifty advanced 111 points to end five points shy of 8,400.
By no means do economists see the Reserve Bank of India stop at just a 25-bp cut. Some of the economists such as Soumyakanti Ghosh of State Bank of India are of the firm view that rates have room to fall by a total of 75 bps in the current financial year, starting with 25 bps in the August 7 policy.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries.
Even after the split, UTI Mutual Fund continues to hold the largest market share of 14.47 per cent closely followed by ICICI Prudential, HDFC Standard Life and Templeton in the over Rs 1,00,000 crore (Rs 1,000 billion) industry.
Investors across age groups and risk appetite can invest in these schemes.
Financials emerged as the top gainers while auto shares rallied on robust September sales
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
Apart from special services from banks for their wealth management needs, HNIs are now getting offers from insurance companies, too.
Benchmark share indices trimmed intra-day gains after global crude oil prices resumed their downward trajectory after sharp gains on Friday.
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
In the Sensex pack, M&M was the biggest loser, tumbling by 6.66 per cent, followed by TCS dropping 4.14 per cent.
One might wonder what's wrong if one were to get the best of both worlds by buying one product. There are basically two problems... cautions Rajiv Raj
SBI, LIC and HDFC, have showed double digit growth.
You may think that teenagers and credit cards are a recipe for disaster but before you dismiss the idea give it a second thought.
Salil Dhawan explains why you must invest early in life.
The record breaking spree was led by index heavyweights, financials and metal stocks.
Co-founder Nilekani could take the role of non-executive chairman, becoming a bridge between the board and Murthy, reports Ayan Pramanik.
Sensex ended above 26,000 led by telecom shares amid TRAI's spectrum sharing norms.
'We can't have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such obligations and run them as business units?' says Tamal Bandyopadhyay.
The S&P BSE Sensex ended up 28 points at 25,844 and the Nifty50 ended flat at 7,915.
Just avoid these credit card mistakes and live your second innings in style, says Rajiv Raj
Over 75 per cent of the bank's Rs 175 crore NPA arises from Uttar Pradesh, Madhya Pradesh and Maharashtra.
BoB now has over 9,500 branches, 13,400 ATMs, 85,000 employees to serve 12 crore customers.
Buying an insurance policy? Claim Settlement Ratio helps you find out the chance that your claim will be settled and how soon it will be setled.
LIC is one of the largest Indian shareholders in the country's largest car maker, with a 6.93% stake.
HDFC charges 9.85 per cent for women and 9.9 per cent for others.
'The rule for millennials is: You can have a career for life.' 'You have to constantly adapt to the needs of the industry to stay relevant.' 'The jobs will be the same, but the skill sets required will be different.' 'Technology will dominate the nature of jobs available in the future.'
Markets rebound with financials leading the gains on hopes of a peaceful solution to the turmoil in Ukraine
Making purchases on your credit card can turn out to be a better idea. Here's why.
Work hard, earn more, save well, invest wisely and love your money. But, love yourself first!
Cost is not the only factor that one should look at. It's best to keep investment and insurance apart
At its heart, the issue is more than compliance. It is the risk of possible breakdown of a strong nexus between insurance firms and motor car dealers that makes the business the top earner for the former.