ICICI Prudential launches Conglomerate-Themed Fund

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ICICI Prudential Mutual Fund has introduced the ICICI Prudential Conglomerate Fund, a conglomerate-themed scheme under the Sectoral/Thematic category. It is an open-ended equity fund, with subscriptions open from October 3 to October 17, 2025. The fund will invest in around 71 conglomerate groups, covering approximately 240 companies across various sectors. Start Investing from ₹1,000 The … Read more

Kotak launches Yield & Growth Fund

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Kotak Alternate Asset Managers Limited has introduced the Kotak Yield & Growth Fund (KYGF). This fund is designed to provide stable credit-based returns along with targeted growth. It aims to benefit from India’s expanding private credit sector by focusing on businesses with strong underwriting standards and healthy cash flows. The objective of the fund is … Read more

Motilal Oswal launches New Consumption Fund

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A new investment opportunity has opened up in the mutual fund industry. Motilal Oswal Mutual Fund has introduced its latest scheme — the Motilal Oswal Consumption Fund, an open-ended equity scheme designed to capture India’s long-term consumption growth. NFO Opening Dates The New Fund Offer (NFO) will remain open for subscription from October 1 to … Read more

Government Keeps Small Savings Interest Rates unchanged

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The government has decided to keep interest rates on small savings schemes unchanged for the second quarter of the fiscal year 2025-26 (July 1 to September 30, 2025). This marks the sixth consecutive quarter of stable rates, reflecting government confidence and providing reassurance to investors. These schemes include: Public Provident Fund (PPF) Sukanya Samriddhi Yojana … Read more

Jio-BlackRock Flexi Cap Fund launched

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Jio-BlackRock Mutual Fund has introduced its first active equity scheme – the Jio BlackRock Flexi Cap Fund. Subscriptions are now open and will close on October 7. The fund will reopen for regular sale and repurchase within five business days after allotment. This is an open-ended dynamic equity scheme that invests in large-cap, mid-cap, and … Read more

New RBI Guidelines Block Credit Card Rent Payments

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India’s top fintech companies—PhonePe, Paytm, and Cred—have stopped offering the option to pay rent using credit cards. This step was taken after the Reserve Bank of India (RBI) issued new rules on September 15, 2025. What Do the New RBI Rules Say? RBI has introduced stricter rules for Payment Aggregators (PA) and Payment Gateways (PG). … Read more

Now Pay up to Rs 10 lakh Daily for Big Purchases

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The National Payments Corporation of India (NPCI) has made a major update to UPI payments. From September 15, the daily transaction limit for person-to-merchant (P2M) payments has been increased to ₹10 lakh. This change is meant to make large payments easier and more secure in important sectors. However, the limit for person-to-person (P2P) payments will … Read more