Sebi proposes allowing investment advisers, analysts to use liquid MFs for deposit requirements

Sebi proposes allowing investment advisers, analysts to use liquid MFs for deposit requirements

Markets watchdog Sebi on Friday proposed allowing investment advisers and research analysts to use liquid mutual fund units, with a lien marked in favour of the regulatory body, to meet their deposit requirements. This would be in addition to the option to maintain the deposit with the bank. Under the Sebi rules, investment advisers (IAs) … Read more

New funds in focus: Franklin India Long Duration Fund, Edelweiss’s AAA Financial Services Index Fund; check details

New funds in focus: Franklin India Long Duration Fund, Edelweiss’s AAA Financial Services Index Fund; check details

NFO alert: Franklin Templeton India has introduced the Franklin India Long Duration Fund (FILDrF), a debt fund that caters to long-term investments. This open-ended fund is suitable for investors with a time horizon exceeding three years and will mainly invest in government bonds, corporate bonds, as well as money market instruments such as treasury bills … Read more

Axis Mutual Fund launches CRISIL-IBX AAA NBFC Index – June 2027 Fund

Axis Mutual Fund launches CRISIL-IBX AAA NBFC Index – June 2027 Fund

Axis Mutual Fund has launched the Axis CRISIL-IBX AAA NBFC Index – June 2027 Fund, an open-ended Target Maturity Index Fund. It invests in the constituents of the CRISIL-IBX AAA NBFC Index – June 2027, featuring moderate interest rate risk and relatively low credit risk. The scheme’s maturity date is June 30, 2027. The new … Read more

March 31 deadline is getting near. How to save income tax with tax loss harvesting?

March 31 deadline is getting near. How to save income tax with tax loss harvesting?

March is an important month for taxpayers. It is that time of the year when they leverage government-provided tax exemptions and reduce their tax liability. In other words, it is tax planning, which is a legal approach used to minimize the amount of income tax owed. This must not be confused with tax evasion which … Read more