The Nifty Midcap 150 Index has experienced a decrease of nearly 20% from its highest point in the past 52 weeks. Up until the end of February, mid cap funds had an average loss of around 9.57%, with the Quant Mid Cap Fund showing the largest decline at 11.07% in the last month. Over the … Read more
The Mahila Samman Savings Certificate (MSSC) and the Sukanya Samriddhi Yojana (SSY) are two financial schemes designed to cater primarily to the savings needs of women and girls. The MSSC is a short-term savings option aimed at providing a risk-free investment avenue with stable returns. On the other hand, the SSY, launched in 2015 under … Read more
I am seeking guidance on financial planning for my parents, specifically my father, who is 57 years old and nearing retirement. He has dedicated himself to hard work throughout his career, and I am eager to ensure that he can experience a relaxing and fulfilling retirement. Current Assets and Investments: Land owned by my parents … Read more
Standard Chartered has unveiled its inaugural social bond valued at €1 billion (US$1.086 billion), marking a strategic initiative to promote sustainable development in low-income countries within its emerging markets footprint. This bond issuance is primarily targeted at fostering growth in small and medium-sized enterprises (SMEs), while also enhancing access to essential services such as healthcare … Read more
The stock market has witnessed a rare phenomenon – declining for five consecutive months, testing the patience and resilience of investors. However, history has shown that those who adopt the right mindset and strategy during downturns emerge stronger. A similar approach was demonstrated by the Indian cricket team in their triumphant Champions Trophy 2025 campaign, … Read more
In the past 25 years, gold prices have delivered an annualized return of 12.55%, outperforming the 10.73% return of the Indian stock market benchmark index Sensex. While there is ongoing discussion about whether to invest in stocks or gold given the current market conditions, numerous experts recommend including gold in the portfolio. Gold prices have … Read more
The Sovereign Gold Bond (SGB) 2019-20 Series X, originally issued on 11 March 2020, is now open for premature redemption starting from 11 March 2025. Investors can redeem these bonds at a set price of Rs 8,596 per unit. This early redemption option comes after the completion of five years from the issue date, aligning … Read more
The Securities and Exchange Board of India (SEBI) has introduced a framework for a new type of investment product known as the Specialized Investment Fund (SIF). This category is intended to serve as a middle ground between Mutual Funds (MFs) and Portfolio Management Services (PMS). The new framework is scheduled to be implemented from April … Read more
The Reserve Bank of India (RBI) has announced that banks in several major cities, including Mumbai, Delhi, Chennai, Bengaluru, Kolkata, and Hyderabad, will remain closed on February 26, 2025, in observance of Mahashivratri. This closure is part of the RBI’s official holiday schedule, which categorises holidays under the Negotiable Instruments Act, Real Time Gross Settlement … Read more
The increasing costs associated with children’s education have become a significant factor for many families when considering funding options. In the realm of funding higher education, individuals often face the decision between utilising parental savings or obtaining an educational loan. Opting for personal savings can alleviate the concern of repayment but may entail depleting the … Read more