Indian households falling for a dangerous money myth? An IIT professor sounds alarm

Indian households falling for a dangerous money myth? An IIT professor sounds alarm

An IIT Madras professor and a respected voice in financial education has raised concerns about a common misconception taking root in Indian households. Speaking on a podcast hosted by Financially Free, Dr. M. Pattabiraman stressed on what he considers a dangerous money myth: the belief that increasing equity exposure guarantees higher returns.  “People are acting … Read more

Your Demat, MF investments might be frozen if nominated details are not updated by Sept 30

Your Demat, MF investments might be frozen if nominated details are not updated by Sept 30

Investors, who have trading and Demat accounts and MF investments, need to update nomination details (positive nomination) or voluntarily opt out of the nomination (negative nomination) by September 30. The deadline for updating the nomination for mutual fund investments, trading, and Demat accounts is September 30. Sebi had earlier extended the deadline from March 31, … Read more