DSP Mutual Fund has introduced a new investment product called the DSP Nifty FMCG ETF, an open-ended exchange traded fund (ETF). The fund is designed to closely track and replicate the performance of the Nifty FMCG Index, giving investors exposure to India’s fast-moving consumer goods (FMCG) sector in a simple and passive way. The New … Read more
Motilal Oswal Mutual Fund has launched a new investment option called the Motilal Oswal Contra Fund. This is an open-ended equity mutual fund based on a contrarian investment strategy. The New Fund Offer (NFO) opened on May 8, 2026, and investors can invest in it until May 22, 2026. At a time when the stock … Read more
SEBI has introduced stricter and more transparent rules for mutual funds and index providers. The aim is to improve governance, strengthen accountability, and protect investor interests in India’s growing index-based investment market. New Rule for “Significant Index” Classification SEBI has decided that any index-based mutual fund scheme with an average Assets Under Management (AUM) of … Read more
The Ministry of Finance, Government of India has introduced important changes to foreign direct investment (FDI) rules in the insurance sector. These updates were announced through a gazette notification on May 2, 2026. The new rules, called Foreign Exchange Management (Non-Debt Instruments) (Second Amendment) Rules, 2026, are now in effect. Their main goal is to … Read more
If you invest in international markets through Axis Mutual Fund, this update is something you shouldn’t ignore. The fund house has decided to temporarily stop new investments in some of its popular global schemes. This change will come into effect from May 6, 2026. A similar move was earlier seen from Kotak Mahindra Mutual Fund, … Read more
Invesco Asset Management (India) Private Limited has introduced two new index funds, giving investors a simple and low-cost way to invest in some of India’s strongest sectors. The company has launched the Invesco India BSE Sensex Index Fund and the Invesco India Nifty Bank Index Fund. These funds are ideal for investors who want to … Read more
Mutual funds have become a popular choice for investors today. Many people are attracted by the possibility of earning around 12% to 14% returns, although actual returns can vary. Another big reason is flexibility — you can choose from different types of funds based on your goals. But now, some important changes are coming that … Read more
There is some good news for credit card users. The Reserve Bank of India (RBI) has introduced a new rule that could reduce the stress of missing a payment deadline. Under the upcoming change, a small delay in paying your credit card bill will not lead to an immediate penalty. This move is expected to … Read more
In today’s digital world, digital wallets and cryptocurrencies are becoming more popular than ever. But with this convenience comes a serious risk. Cybercriminals are now targeting users in smarter ways, and one wrong move can empty your wallet within seconds. India’s cyber security agency, Indian Cyber Crime Coordination Centre, has issued a fresh warning about … Read more
Invesco Mutual Fund has introduced two new investment options for investors looking to grow their money in a simple and low-cost way. These are the Invesco India BSE Sensex Index Fund and the Invesco India Nifty Bank Index Fund. Both are passive funds, which means they simply follow well-known market indices instead of trying to … Read more
The Reserve Bank of India is planning to make digital payments easier for visitors coming to India. A new proposal could soon allow foreign nationals and NRIs to use prepaid wallets during their stay. A Digital Payment Boost for Travelers Under this plan, banks and non-bank entities will be allowed to issue prepaid payment instruments … Read more