Posts Tagged “for”

Invesco Oppenheimer fund to buy 11% stake in Zee Entertainment for ₹4,224 cr

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Invesco Oppenheimer fund to buy 11% stake in Zee Entertainment for ₹4,224 cr

New Delhi: US-based Invesco-Oppenheimer Developing Markets Fund has agreed to pick up 11% stake in Zee Entertainment Enterprises Ltd (ZEEL), the flagship media company of Subhash Chandra’s Essel Group. The stake sale will be for a total consideration value of up to ₹4,224 crore, the company said in a press statement. The proceeds from the stake sale will go…

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Fund of Funds is a better fit for DIY investors

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Fund of Funds is a better fit for DIY investors

The budget had nothing much for mutual funds to talk about. But there is one provision that is likely to bring some cheer to a certain category of mutual funds—the fund of funds (FoF). FoFs are mutual fund schemes that invest in other mutual fund schemes. In other words, the scheme does not hold shares or bonds…

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Millenials Betting Big On Personal Loans For Smart Travel Experience

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Millenials Betting Big On Personal Loans For Smart Travel Experience

While on one hand Baba Ramdev is improving the health of millions in India, on the other hand, millennials forming around 40% of the country’s working population are facing several health issues primarily due to the stressful work culture. A quick solution to rejuvenate their fatigued bodies and stressed minds is weekend getaway trips, which…

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7 new rules Sebi has issued for mutual funds industry

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7 new rules Sebi has issued for mutual funds industry

The Securities and Exchange Board of India (SEBI) has introduced tightened norms for the close to Rs 26 lakh crore mutual fund (MF) industry. In the wake of the recent credit events in the fixed income market that had spiked MF liquidity risk, SEBI had constituted working groups representing AMCs, industry and academia to review…

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Gold loan vs personal loan: Which one to opt for?

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Gold loan vs personal loan: Which one to opt for?

Personal loan tenures are relatively short, which explains them not requiring collateral. Planning on a big-ticket spend but don’t have the money to bankroll it all? Or facing a family emergency and your savings are insufficient to bail you out? A fair few of us who have been in suchsituations feel that the most feasible…

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watchOS 6 advances health and fitness capabilities for Apple Watch

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watchOS 6 advances health and fitness capabilities for Apple Watch

Introducing Cycle Tracking, Noise app, Activity Trends and App Store Right on the Wrist watchOS 6 brings enhanced health and fitness features to Apple Watch. San Jose, California — Apple today previewed watchOS 6, which empowers Apple Watch users to better manage their health and fitness, and gives access to dynamic new watch faces and the…

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How LoanTap revolutionised personal loans for salaried professionals, growing its order book by 10x

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How LoanTap revolutionised personal loans for salaried professionals, growing its order book by 10x

When LoanTap started its digital lending business in mid-2016, the conversation around fintech in India was hardly as loud as it is today. Of course, that changed with demonetisation later that year, but the narrative mostly remained focussed on payments and mobile wallets. In the last 12-18 months, however, lending has emerged as the new investor…

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Planning to take a loan for your holiday? Know your options

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Planning to take a loan for your holiday? Know your options

Borrowers should check other options and deals offered by banks directly on their website or from fintech companies and online loan providers. During the travel season, most make random travel plans without prior planning and don’t always have sufficient money put aside to fund their vacations. Due to a shortage of funds, some people also…

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BSE launches mobile app for its mutual fund platform

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BSE launches mobile app for its mutual fund platform

Leading stock exchange BSE Wednesday said it has launched ‘BSE StAR MF’ app to enable more participation and help mutual fund distributors process transactions faster. “BSE StAR MF mobile app supports real-time client registration and paperless transactions, creates and uploads mandate for SIPs, generates the basket of multiple orders, tracks and allows the distributor to analyse his business at…

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Paytm Money introduces facility to top-up mutual fund portfolio for its investors

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Paytm Money introduces facility to top-up mutual fund portfolio for its investors

Paytm Money announced that its users can now top-up their mutual fund investment portfolio in full and or in part at any point of time. The new feature is available on its latest versions of Android & iOS app that is available for download. The company believes that this portfolio top-up feature will considerably reduce…

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Find the best debt fund match for different needs

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Find the best debt fund match for different needs

More and more retail investors are now buying debt funds. Over 50% of the debt fund assets come from retail investors, according to data from the Association of Mutual Funds in India, and the number is growing. If you are looking to invest in debt funds but so far have only dealt with fixed deposits, you may find it overwhelming…

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Personal Loan vs Credit Card Loan: Which is the right choice for you?

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Personal Loan vs Credit Card Loan: Which is the right choice for you?

Irrespective of what loan option you choose, compare their specification before opting for one. Credit card loans, along with personal loans, have become a way of life today as a large number of people prefer to go for these two types of loans whenever they need funds for something. However, while taking a loan, some…

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Am I investing in right mutual fund schemes for my child?

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Am I investing in right mutual fund schemes for my child?

I have the following SIPs currently: Invesco India Contra Fund: Rs 500 SBI Magnum Multicap Fund: Rs 500 Mirrae Asset Emerging Bluechip Fund: Rs 1,000 Tata Equity P/E Fund: Rs 1,000 I am also planning to start the following SIPs this month: Kotak Standard Multicap Fund: Rs 1,000 Kotak Nifty ETF Fund: Rs 2,000 I…

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Siblings Arrested For Killing Father Over Property Dispute In UP: Cops

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Siblings Arrested For Killing Father Over Property Dispute In UP: Cops

Police said there was a property dispute between the two siblings. (FILE PHOTO) MUZAFFARNAGAR:  A man and a woman were arrested for allegedly killing their father over property dispute in Uttar Pradesh’s Shamli district, police said on Sunday. The body of Panna Lal, 65, who had been missing since February 18, was found at the…

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