Shriram Ramanathan, CIO, Fixed Income, HSBC Mutual Fund, said, "The RBI MPC managed to meet the market's hefty expectations, by announcing a 25bps repo rate cut along with a change of stance to accommodative. Importantly, the MPC now believes that the headline CPI is aligned on a durable bas
Bangalore (Karnataka) [India], April 8: ZFunds, a Gurugram-based wealthtech company empowering Mutual Fund Distributors (MFDs) across India, today announced the launch of UPI AutoPay functionality for Systematic Investment Plans (SIPs) on its platform. ZFunds, the first platform to empower M
Mumbai (Maharashtra) [India], April 3: The Board of Directors of Quantum Asset Management Company Private Ltd. (Quantum AMC) have approved the appointment of Seemant Shukla as the Chief Executive Officer (CEO) of Quantum AMC effective April 1, 2025.
New Delhi [India], April 2: While considering investment options, investors tend to compare recurring deposits (RD) and mutual funds to determine the suitable option based on their financial goals. Both investments possess differing features and, hence may suit different investor profiles. W
Mumbai (Maharashtra) [India], March 26: Understanding the distinction between nominees and legal heirs is crucial to ensuring financial stability and effective estate management. Most investment tools, such as mutual funds and fixed deposits (FDs), allow you to nominate someone to receive th
The Reserve Bank of India (RBI) is expected to continue reducing the repo rate as economic growth faces potential headwinds and inflation is likely to come in the central bank's target range, according to a report by HDFC Mutual Fund.
As per the ED, the attached properties include 10 immovable assets located in Mumbai and Kolkata, along with movable assets in the form of fixed deposits, shares, mutual funds, and investments in alternative funds.
Mumbai (Maharashtra) [India], March 21: Valuefy, a global leader in WealthTech innovation, commemorated its 15-year journey with the launch of its all-new, fully integrated WealthTech platform, designed to transform the way wealth managers engage with clients, harness data, and scale operati
Mumbai (Maharashtra) [India], March 20: IDFC FIRST Bank has unveiled Ace Feature on its premium Mobile Banking App, that provides relevant insights and tools to allow investors make an informed Mutual Fund investment decision. This feature aims to empower an individual with 'do-it-yourself'
New Delhi [India], March 20: Mutual fund apps have revolutionised the process of investing by making it easier and more convenient. With mutual fund apps, you can view different investment options, monitor your portfolio, and make informed choices while sitting in the comfort of your house.
New Delhi [India], March 19: Investing in mutual funds is a great way to grow wealth, but understanding returns is equally important. While many investors look at absolute returns, the Extended Internal Rate of Return (XIRR) is a more accurate measure, especially for Systematic Investment Pl
The inflows will only get healthy in the medium term led by higher participation from the retail segment, higher understanding of market volatility and rising investment discipline along with incrementally higher inflow from beyond Top cities.