NFO Alert: HDFC Mutual Fund has launched HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund on Monday 28 April. It is an open-ended debt index fund designed to provide investors with a structured short-term fixed-income investment opportunity. This NFO of HDFC Mutual Fund has opened for subscription from today i.e. 28 April. Investors can invest in … Read more
Amit Jhingaran, MD and CEO, SBI Life Insurance, speaks to Athira Warrior about his strategy to reduce reliance on ULIPs and grow in the current fiscal. Excerpts… Why did premium income growth remain stable in FY25? The company has registered a growth of around 13 per cent based on individual APE (equivalent to annual premium). … Read more
The Employees’ Provident Fund Organization (EPFO) has now made the process of transferring PF when changing jobs even simpler. The Ministry of Labor and Employment said on Friday that now in most cases there will be no need to take approval from the employer for PF transfer. Till now, there were two EPF offices involved … Read more
The number of trades executed on the country’s two major stock exchanges, NSE and BSE, crossed 10 billion in FY25. During FY25, 9.7 billion trades were executed in the cash market on NSE. An additional 1 billion trades were executed on BSE, Asia’s oldest stock exchange. Data from both exchanges was considered in the analysis … Read more
Ever since Ather Energy, a leading electric two-wheeler manufacturer, announced its Rs 2,981 crore IPO in the market, there has been a stir in the grey market. The company filed its DRHP with SEBI on April 22, and now this IPO will be open for subscription between April 28 and 30. At the same time, … Read more
Stock Market Crash: After the terrorist attack on tourists in Pahalgam, Jammu and Kashmir, the increasing tension between India and Pakistan was also seen on the domestic stock markets. After the central government took steps like cancelling the Shimla Agreement, panic is being seen among the investors. The BSE Sensex slipped more than 1000 points intraday on … Read more
Mutual Fund Alert: SEBI’s move is linked to ongoing efforts to further strengthen the security of investors’ funds held with brokers and clearing members. What will change, after all? Earlier, mutual fund houses used to apply NAV based on a uniform cut-off time for all channels. Now, SEBI has implemented different cut-off timings for online … Read more