MNC funds invest in companies where foreign promoters have more than 50 per cent shareholding.
The proposed guidelines cover several key parameters, including governance, investor protection, disclosure, testing frameworks, fairness and bias, and data privacy and cybersecurity measures.
One should avoid keeping excessive funds in one's savings account.
Reliance Group Chairman Anil Ambani on Tuesday appeared before the Enforcement Directorate here for questioning in a money laundering case linked to alleged multiple bank loan fraud cases worth crores of rupees against his group companies, official sources said.
In January, SIP account closures surpassed new registrations for the first time.
AIFF's RFP: No franchisee fee for clubs in ISL, commercial partner to provide video support system
To minimise risk, invest in a debt fund whose duration matches your investment timeframe.
The Enforcement Directorate has summoned Reliance Group Chairman Anil Ambani for questioning in a money laundering case linked to alleged bank loan fraud.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Market watchers link the pullback to underwhelming listing-day performance and the lack of big-name IPOs.
The tax department has created many circular traps -- flawed reporting formats, penalties for those who point out the flaws, and faceless assessors with no accountability. The result: Millions of taxpayers face needless harassment and procedural dead ends, highlights Harsh Roongta.
'The problem is that the bubble may not only be in valuations, but also in investors' minds.'
Dwaipayan Bose on how index funds play a key role in the diversification of portfolios and help manage risks
'Listing of scaled Indian subsidiaries of multinational corporations as well as of Indian conglomerates continues to remain a key theme for IPOs in India.'
ELSS investments require a long-term commitment of at least seven years.
Investing is not just about setting aside money -- it's about making it work for you, says Ramalingam Kalirajan.
Credit-focused SIFs with lower minimum investment thresholds can provide a more practical option for investors with higher risk appetite, suggests Subodh Rai.
'Arbitrage funds make the most sense for those in the 30 per cent tax bracket, are viable for those in the 20 per cent bracket, but less so for those in the 10 per cent bracket.'
All transactions in the units of an asset management company's mutual funds exceeding Rs 15 lakh executed by designated persons, trustees, or their immediate relatives must be reported to the compliance officer within two business days from such transactions, Sebi said on Tuesday. The threshold of Rs 15 lakh could be either in a single transaction or multiple transactions within a quarter, per PAN, across all schemes except exempted ones. The new rules will be applicable from November 1, the Securities and Exchange Board of India (Sebi) said in a circular.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Ramalingam Kalirajan explains the pros and cons of both investment types.
The focus of the fund manager could be diluted by the launch of several NFO's under his belt.
These funds at times invest in companies going through corporate restructuring, such as mergers, demergers, or buybacks.
Assam Chief Minister Himanta Biswa Sarma says most of those present with singer Zubeen Garg in Singapore during his death have yet to respond to CID summons, and addresses related political accusations.
Tax evaders, BEWARE! The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints.
By following the path of Kula Dharma as mentioned in the Bhagavad Gita, you will not only be securing your child's future but also contributing to your own early sukoon (peace and well-being), says Vatsal Ramaiya
If a fund manager moves on to another fund or resigns from the concerned asset management company, is that a sign to sell your holdings in the fund or discontinue your SIP? Read on...
At the end of the day, this isn't about choosing between EMIs and SIPs. It's about choosing your path to financial freedom.
Volatility in April continued from where it signed off in March. The specter of rising interest rates and climbing oil prices dealt a double whammy to the stock markets.
With so many equity funds available, how does one go about selecting the right one? Here are some simple tips...
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
The current debt market scenario is balanced from rates perspective.
'Investors should continue with their SIPs, especially during market corrections.' 'For those looking to start new SIPs, beginning with large-cap funds is a prudent strategy, followed by flexi-cap and value-oriented approaches.'
More than 50 per cent of SIP accounts come from semi-urban and rural areas.
'Understand your financial goals. Next, categorise them by size. Then evaluate your investment options.'
By taking the mutual fund route, investors can take exposure to gilts with small amounts. Over a decade or more, returns from these funds tend to be sound.
Investors must appreciate that although they are investing with the Indian fund house, there is an onus on the latter to identify the right global fund.
While the minimum holding period for LTCG taxation has now been lowered, the tax outgo could be a bit higher under the new structure.
Capital markets regulator Sebi on Monday cleared a proposal to introduce a new asset class for high-risk profile investors to bridge the gap between mutual funds and portfolio management services in terms of flexibility in asset construction. The minimum amount of Rs 10 lakh can be invested for the new asset class per investor across all investment strategies of the new product in a particular AMC.