Amazon Pay now lets users invest in Fixed Deposits (FDs) starting from just Rs 1,000. To make this possible, the platform has partnered with NBFCs like Shriram Finance, Bajaj Finance, and five others. Investors can earn interest rates up to 8% per annum, without opening a separate account with partner institutions. Senior citizens and women … Read more
When people think of safe investments in India, fixed deposits (FDs) are usually the first choice. Traditional bank FDs generally offer interest rates between 6% and 7%. Now, Amazon Pay has introduced a new digital FD option that offers interest rates of up to 8%. Amazon Pay first launched its FD feature in 2021, but … Read more
There are many types of mutual funds, and one such category is the Fixed Maturity Plan (FMP). Many investors may not be familiar with it. An important thing to understand is that, like fixed deposits (FDs), FMPs also come with a fixed maturity date. For investors who prefer safer investment options, FMPs can be a … Read more
The mutual fund industry is continuously growing in size, and its popularity among investors is also increasing rapidly. More people are now choosing mutual funds as a preferred investment option due to better awareness, easy access, and long-term wealth creation potential. Seeing this strong momentum, asset management companies (AMCs) are ready to launch several new … Read more
For middle-class people who prefer safe investments with guaranteed returns, the year 2026 has brought important financial changes. One major reason is the Reserve Bank of India’s (RBI) repo rate cut of 1.25% this year. This decision has had a direct impact on the banking sector. After the repo rate cut, most banks have started … Read more
Less than 10 days are left before the end of 2025. This year, many stocks have delivered strong returns to investors. Along with price gains, investor confidence has also improved in the second half of the year. Notably, mutual funds have increased their holdings in a few stocks after cutting their stakes for two consecutive … Read more
In today’s environment of global uncertainty and rising market volatility, it has become very important for investors to follow a balanced investment approach. Keeping this in mind, Tata AIA Life Insurance Company Limited has launched two new funds — Tata AIA MultiCap Opportunities Fund and Tata AIA Multicap Opportunities Pension Fund. Both funds follow a … Read more
Kotak Mahindra Asset Management Company Limited (Kotak Mutual Fund) has announced the launch of the Kotak Nifty Next 50 ETF. It is an open-ended exchange-traded fund (ETF) that allows investors to take part in India’s growth story by investing in companies that could become future market leaders. The New Fund Offer (NFO) will open on … Read more
Investing in mutual funds will no longer be limited only to big cities. People living in villages and small towns will soon get easy access to mutual fund investment options. To make this possible, the country’s oldest stock exchange, the Bombay Stock Exchange (BSE), has signed an agreement with the Government of India’s Postal Department. … Read more
If you have invested in the Union Multi-Asset Allocation Fund, this update is important for you. The mutual fund house has announced changes to some key features of this scheme. These changes mainly relate to asset allocation, meaning how and where the fund will invest investors’ money.According to the fund house, these changes are being … Read more
Market regulator SEBI (Securities and Exchange Board of India) has postponed the implementation of the third phase of the nomination framework for the securities market. This phase was earlier scheduled to come into effect from December 15. In an official statement, SEBI said that the new implementation date will be announced later. The decision to … Read more