Uber driver’s Rs 2.5 lakh options trading loss sparks fresh debate over retail derivatives risk

Uber driver’s Rs 2.5 lakh options trading loss sparks fresh debate over retail derivatives risk

A viral social media video featuring an Uber driver’s Rs 2.5 lakh loss in options trading has reignited concerns over retail participation in India’s high-risk derivatives market. The video, posted on microblogging site X, captures the driver candidly recounting how he lost an amount equivalent to his entire annual income through options trading, a sobering … Read more

5 financial gifts for a Happy Mother’s Day — take a look!

5 financial gifts for a Happy Mother’s Day — take a look!

This Mother’s Day, go beyond traditional gifts and take a meaningful step toward ensuring your mother’s financial freedom. Start by helping her build a secure and diversified financial portfolio tailored to her needs—whether it’s through steady income schemes like the Senior Citizens’ Savings Scheme or wealth-building options such as mutual funds with a portion of … Read more

Investment in equity MFs surge 5-fold to Rs 94,151 crore in June quarter, total AUM jumps 59%: AMFI data 

Investment in equity MFs surge 5-fold to Rs 94,151 crore in June quarter, total AUM jumps 59%: AMFI data 

Investment in equity mutual funds surged over five-fold to Rs 94,151 crore in the June 2024 quarter against Rs 18,358 crore a year ago. This has also pushed the industry’s assets under management (AUM) by 59 percent to Rs 27.68 lakh crore in June from Rs 17.43 lakh crore a year ago, data from the … Read more

Angel One launches Fin One to enhance financial awareness among Gen-Z and Millennials

Angel One launches Fin One to enhance financial awareness among  Gen-Z and Millennials

Fintech firm Angel One Limited today announced the launch of Fin One, a digital-first initiative set to transform financial literacy among Indians. Fin One integrates engagement and entertainment to empower young Indians to make informed financial decisions and develop resilient investing habits. Young Indians, especially Gen-Z and Millennials, are diving into the market now, hence … Read more

ETMarkets Fund Manager Talk : For women seeking investment advice, here’s 5 mantras from Janvi Nagrecha of IIFL Securities

ETMarkets Fund Manager Talk : For women seeking investment advice, here’s 5 mantras from Janvi Nagrecha of IIFL Securities

While financial literacy among women has improved over the years, historically, they have been more aligned towards gold, PPF or at best, fixed deposits, as an investment avenue. On the eve of Women’s Day, Janvi Nagrecha of IIFL Securities advises women to diversify into other asset classes such as mutual funds or portfolio management services. … Read more