PPFAS Mutual Fund has announced a new scheme called the Parag Parikh Large Cap Fund. The New Fund Offering (NFO) opened on January 19, 2026, and will remain open until January 30, 2026. After the NFO period, the scheme will reopen for subscription on February 6, 2026. This is the seventh fund launched by the … Read more
ICICI Prudential Asset Management Company (AMC) is set to launch two Initial Fund Offers (IFOs) under the Specialized Investment Funds (SIF) category. The two funds are iSIF Hybrid Long-Short Fund and iSIF Equity Ex-Top 100 Long-Short Fund. These IFOs will open for investment on January 16, 2026, and will close on January 30, 2026. What … Read more
If you invest in Bitcoin, Ethereum, or any other cryptocurrency in India, this update is very important for you. India’s Financial Intelligence Unit (FIU) has tightened the rules for crypto exchanges. As a result, opening and operating a crypto account is no longer as simple as before. What Has Changed in the New Crypto Rules? … Read more
In today’s world, a credit card is not just a tool for spending money—it is an important part of your financial identity. Experts believe that the first credit card you get can shape your entire financial journey. When used carefully, it helps you build a good credit score, handle emergencies, and get loans easily in … Read more
On January 8, 2026, three mutual fund houses launched new fund offers (NFOs) in different categories. These fund houses are Groww Mutual Fund, JioBlackRock Mutual Fund, and Bank of India Mutual Fund. All these NFOs are open for subscription starting today. The mutual fund market has started the new year with strong momentum. These new … Read more
Groww Mutual Fund has launched a new Small Cap Fund, which is an open-ended scheme. This fund will mainly invest in shares of small-cap companies. The New Fund Offer (NFO) is open for investment from January 8 to January 22. The main goal of this fund is to generate good long-term returns for investors. Benchmark … Read more
Last year, the Reserve Bank of India (RBI) reduced the repo rate by 125 basis points, bringing it down to 5.25% — the lowest level since June 2022. While this made loans cheaper, it also pushed fixed deposit (FD) interest rates to multi-year lows. Earlier, major banks offered FD rates above 8%, but in early … Read more
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