Edelweiss Mutual Fund has introduced the Edelweiss Low Duration Fund on March 11. This is an open-ended debt scheme that invests in debt and money market instruments, ensuring the Macaulay duration of the portfolio remains between 6 to 12 months. The scheme carries relatively high interest rate risk and moderate credit risk. Investment Details The … Read more
Bandhan Mutual Fund has launched the Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund, an open-ended constant maturity index fund. This scheme provides investors with a structured short-term fixed-income investment opportunity. NFO Subscription Details The New Fund Offer (NFO) for this scheme will be open for subscription from March 6 to March 11. Investment … Read more
The use of UPI (Unified Payments Interface) transactions has become very common. Payments can be completed within seconds using this system. If you use UPI services, there is an important update for you. Starting April 1, 2025, new rules set by the National Payments Corporation of India (NPCI) will take effect. Banks Will Remove Unused … Read more
Today, we are introducing you to a business that guarantees no losses and has the potential to make you a millionaire. Although it requires some patience, success is certain. We are talking about Mahogany Farming—a highly profitable venture that can generate crores of rupees. If you plant 120 mahogany trees on one acre of land, … Read more
The month of March is an important deadline for many financial and tax-related tasks. Taxpayers need to complete their tax-saving investments by March 31, 2025, to reduce their tax liability. Additionally, EPF members must activate their UAN by March 15, 2025, to avail insurance benefits. SEBI has also introduced new nomination rules for mutual funds … Read more
A kitchen feels incomplete without onions. They are one of the most essential ingredients in cooking. However, when onion prices rise sharply, many households stop using them regularly. This increases the demand for onion paste, making it a great business opportunity. Since the technology required for making onion paste is simple, anyone can start this … Read more
Edelweiss Mutual Fund, one of India’s largest fund houses, has placed restrictions on investments in seven of its schemes that invest in global securities. These limits will come into effect from February 27. As of the December quarter, Edelweiss Mutual Fund managed assets worth approximately Rs 1.43 lakh crore. The fund house stated that some … Read more
Nippon India Mutual Funds has introduced a unique investment opportunity with its new fund offer (NFO) based on the momentum theme. This open-ended fund, named Nippon India Active Momentum Fund, is now available for investment. Investors can invest in the NFO until 24 February. Following this period, the fund will reopen for continuous sale and … Read more
Bajaj Finserv has introduced a new investment opportunity called the Bajaj Finserv Multi Cap Fund, launching on February 5, 2025. This open-ended equity scheme will invest across large-cap, mid-cap, and small-cap stocks, with the aim of tracking the Nifty 500 Multicap 50:25:25 TRI index. The fund targets investors looking for diversified exposure across different market … Read more
HSBC Mutual Fund has launched the HSBC Financial Services Fund, an open-ended equity scheme. This fund will invest in stocks within the financial sector and will be open for investment from 6 February to 20 February. The main goal of this scheme is to offer strong long-term returns to investors. It will focus on stocks … Read more
The Centralized Pension Payment System (CPPS), under the Employees’ Provident Fund Organization (EPFO), has been successfully implemented across India, achieving 100% success. This initiative aims to simplify pension payments for the country’s pensioners under the Employees’ Pension Scheme, 1995. Milestone Achievement: Successful Payment to Over 68 Lakh Pensioners In December 2024, a historic achievement was … Read more