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Mid cap and small cap mutual funds to bounce back soon, its time to invest, say fund managers

New Delhi, Aug. 12 -- The broader mid and small cap indices have recovered in the last few months after going through a rough patch for more than two years in a row. From the start of the calendar yea... Read More


Should you increase allocation to mid cap, small cap mutual funds?

New Delhi, Aug. 12 -- The broader mid and small cap indices have recovered in the last few months after going through a rough patch for more than two years in a row. From the start of the calendar yea... Read More


Gold mutual funds hit by fall in prices, DSP World Gold Fund down 7% in a day

New Delhi, Aug. 12 -- Gold mutual funds have been hit hard due to a continuous fall in prices of the yellow metal in the last two sessions. The daily Net Asset Value (NAV) of DSP World Gold Fund fell ... Read More


Gratuity eligibility may be relaxed. Current rules at a glance

New Delhi, Aug. 11 -- The 5-year threshold for becoming eligible for gratuity may be relaxed. As the job tenures are increasingly becoming shorter and also with declining job security and increasing c... Read More


HDFC Mutual Fund's Bank ETF NFO explained in 10 points

New Delhi, Aug. 10 -- HDFC Mutual Fund has launched the New Fund Offer (NFO) of HDFC Banking ETF, an open ended passively managed exchange traded fund (ETF) which endeavors to track and provide simila... Read More


How to open NPS Tier II Account online: Step-by-step guide

New Delhi, Aug. 10 -- Tier II account in National Pension System (NPS) is a voluntary investment account which aims to provide a window of liquidity to meet financial contingencies and build savings t... Read More


Equity mutual funds see negative inflows for first time in over four years

New Delhi, Aug. 10 -- Equity mutual funds witnessed net outflows of Rs.2,480 crore in July for the first time in over four years, shows the data released by Amfi. Last time the category saw net redemp... Read More


Equity mutual funds saw negative inflows for first time in over four years

New Delhi, Aug. 10 -- Equity mutual funds witnessed net outflows of Rs.2,480 crore in July for the first time in over four years, shows the data released by Amfi. Last time the category saw net redemp... Read More


Parag Parikh Long Term Equity Fund adds Indian Energy Exchange to portfolio

New Delhi, Aug. 9 -- Parag Parikh Long Term Equity Fund, the top performing equity mutual fund scheme has added Indian Energy Exchange (IEX) to its portfolio. The disclosure was made in the monthly fa... Read More


Income tax deduction on FD interest for senior citizens: 5 points

New Delhi, Aug. 9 -- Section 80TTB of Income Tax Act explains the tax benefits available to senior citizens on account of interest income from deposits. The deposits can be with any bank or post offic... Read More