Nippon India launches Two New Index Funds

Fund result

Nippon India Mutual Fund has introduced two new index funds – the Nippon India Nifty 500 Low Volatility 50 Index Fund and the Nippon India Nifty 500 Quality 50 Index Fund. Both funds are now available for subscription, which started on April 16, 2025, and will remain open until April 30, 2025. These funds are … Read more

Invest in Ultrashort Passive Debt Funds

Fund img

Several asset management companies, including ICICI Prudential AMC, Aditya Birla Sun Life AMC, Kotak Mahindra AMC, and Bandhan AMC, have recently introduced ultrashort-term debt index funds. These funds follow the CRISIL-IBX Financial Services 3–6Months Debt Index. As per reports, the latest auction revealed that the cut-off yield for a 90-day treasury bill (T-bill) stood at … Read more

NPCI launches BHIM 3.0 with New Features

BHIM UPI img

The National Payments Corporation of India (NPCI) has introduced BHIM 3.0, the latest major upgrade to the Bharat Interface for Money (BHIM) app. This update brings several new features for both users and merchants, making digital payments more convenient and efficient. New Features in BHIM 3.0 More Language Support: The app now supports over 15 … Read more