Lucknow Today News: Union Mutual Fund has launched a new scheme called Union Diversified Equity All Cap Active Fund of Funds (FoF).This fund is designed for investors who want to invest across large-cap, mid-cap, and small-cap companies through a single fund. The fund will follow a dynamic allocation strategy, which means investors’ money will be … Read more
Investing in Mutual Funds will now become easier in India. The Department of Posts (DoP) and the Association of Mutual Funds in India (AMFI) signed a historic agreement (MoU) in Mumbai on 22 August 2025. This agreement will remain valid for three years (22 August 2025 – 21 August 2028). It also includes strict rules … Read more
Today, many people prefer freedom and higher earning potential over a fixed job. Everyone dreams of starting their own business, but often step back because of a lack of ideas or capital. The truth is, not every business needs a large company or heavy investment. There are several small businesses that can be started with … Read more
To benefit from India’s rapidly growing economy, Tata AIA Life Insurance (Tata AIA) has launched the Tata AIA Momentum 50 Index Fund. This unique fund combines the growth potential of equity with the safety of life insurance protection. NFO Details The New Fund Offer (NFO) opened on 18 August 2025 and will remain open for … Read more
Public sector lender Canara Bank has changed the interest rates for fixed deposits (FDs) and savings accounts. The new rates came into effect on 7 August 2025 and are applicable to both general customers and senior citizens. New FD Interest Rates For callable FDs (with premature withdrawal facility) of less than ₹3 crore: General customers: … Read more
Thinking of starting a new business? You can start with low investment, without hiring staff, and still earn lakhs of rupees. An Electric Vehicle (EV) charging station is a great option. With petrol and diesel prices rising, the demand for EV charging stations is growing rapidly. This business requires less space, minimal staff, and no … Read more
Nippon India Mutual Fund has launched two new fund offers (NFOs), both focused on the manufacturing sector. These are: Nippon India Nifty India Manufacturing ETF Nippon India Nifty India Manufacturing Index Fund Both NFOs are now open for subscription and applications can be made till August 20. Why Focus on Manufacturing? These funds come at … Read more
If you want to start a small business but don’t have enough money, the PM Vishwakarma Yojana can help. This scheme by the Government of India offers loans of up to ₹3 lakh at just 5% interest, without the need for any collateral (mortgage). The main aim of the scheme is to make artisans and … Read more
The post office has finally reduced the interest rates on its savings schemes. This decision came much later compared to when the Reserve Bank of India (RBI) cut the repo rate. As soon as the repo rate was lowered, banks across the country started reducing their fixed deposit (FD) rates. To give some background, the … Read more
ICICI Prudential Mutual Fund has launched a new scheme called ICICI Prudential Active Momentum Fund. The fund was launched last Tuesday and will remain open for subscription until 22nd July. Who will manage the fund? According to the AMC (Asset Management Company), this fund aims to benefit from consistent trends in stock prices and earnings … Read more
Investors’ shareholding will increase after receiving bonus shares. Although the share price may drop slightly, the total value of their investment will mostly remain the same. The bonus shares will have a face value of ₹5, just like the existing shares. These bonus shares will be equal in number to the current holdings – fully … Read more