Angel One Asset Management Company has introduced the Angel One Nifty 1D Rate Liquid ETF – Growth, an open-ended exchange-traded fund (ETF) designed to track the Nifty 1D Rate Index. Investors can participate in this new fund offer (NFO) until March 24. This ETF is an ideal option for those looking to invest their extra … Read more
Quant Mutual Fund has launched the new Quant Arbitrage Fund, an open-ended scheme focused on investing exclusively in arbitrage opportunities. The New Fund Offer (NFO) will remain open until April 1, after which the fund will be available for regular purchases and redemptions. Investment Strategy and Management The primary goal of this scheme is to … Read more
A new case of credit card fraud has come to light, highlighting the rising number of cyber scams. The Cyber Unit of UT Police has filed a complaint against an unknown fraudster for scamming Rajesh Kumar, a resident of Sector 31, out of ₹8.69 lakh. The fraud took place on December 23, 2024. Scam Through … Read more
The government is continuously taking steps to enhance the Unified Payments Interface (UPI) system. According to a report by ET, merchant charges may soon return for UPI and RuPay debit card payments. Currently, businesses do not pay any fees when customers use UPI or RuPay debit cards. However, before 2022, merchants were required to pay … Read more
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