Search For "mutual funds"
RBI's mutual fund support plan may struggle to be effective: Fitch
Updated : 5 years, 10 months ago IST
Singapore, April 29 (ANI): The official support measures announced for mutual funds in India may struggle to be effective as under-capitalised banks are unlikely to be tempted to extend liquidity to the sector without capital relief on the facilities, according to Fitch Ratings.
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Financial stocks gain as RBI opens liquidity window for mutual funds
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 27 (ANI): Equity benchmark indices trimmed early gains in the afternoon session on Monday but closed in the green with a surge in financial stocks after the Reserve Bank of India launched a special liquidity facility worth Rs 50,000 crore for mutual funds
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RBI announces Rs 50,000 crore special liquidity facility for mutual funds
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 27 (ANI): The Reserve Bank of India (RBI) on Monday decided to open a special liquidity facility for mutual funds of Rs 50,000 crore in a bid to arrest redemptions in the asset management industry after last week's collapse of six debt schemes of Franklin
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Mutual funds to deduct TDS only on dividend payments, not on capital gains
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 4 (ANI): Mutual funds will have to deduct TDS at 10 per cent only on dividend payments and not on the income which is in the nature of capital gains, according to the clarification by the Central Board of Direct Taxes (CBDT) on Tuesday.
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Post Budget 2020, get guaranteed returns and safety with Bajaj Finance Fix
Updated : 6 years, 1 month ago IST
Pune (Maharashtra) [India], Feb 3 (ANI/BusinessWire India): In 2019, the investment in mutual funds and equity dropped sharply. In the case of the former, the decline was a whopping 41 per cent, whereas in the case of equity, the amount invested was Rs 74,870 crore, much lesser than 2018's R
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Investment platform for WealthBucket raises Pre-Series A round of Rs 18 cr
Updated : 6 years, 2 months ago IST
New Delhi [India] Jan 02 (ANI/PRNewswire): WealthBucket.in, which runs an online platform for mutual fund investments, has raised Rs 18 crore from NorthStar, Vinod Khatumal & other HNIs.
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Bajaj Finance announces closure of QIP totalling Rs 8,500 crore
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 13 (ANI): Bajaj Finance Ltd has raised Rs 8,500 crore by issuing over 2.17 crore equity shares at an issue price of Rs 3,900 per equity share to qualified institutional buyers.
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Axis Bank raises Rs 12,500 crore through QIP
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 26 (ANI): Private lender Axis Bank on Thursday announced the opening of its qualified institutions placement (QIP) last week to raise funds to enhance its capital adequacy for its growth strategy and general corporate purposes.
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Importance of Availing LifeCare Finance from Bajaj Finserv
Updated : 6 years, 6 months ago IST
Pune (Maharashtra) [India] Sept 2(ANI/BusinessWire India): Having a life insurance policy, health insurance cover, mutual funds portfolio and equity investments are considered to be priorities by individuals while planning their finances.
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Investing in the mutual fund was never so easy for first-time investors
Updated : 6 years, 7 months ago IST
Gurugram (Haryana) [India] August 09 (ANI/BusinessWire India): For the longest time, investment was thought of being only for those who had a substantial bank balance or for those who had access to pricy wealth managers, who used to take care of their investment portfolio.
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Quarterly AUMs of mutual fund industry total Rs 25.51 lakh crore at Q1-end
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 14 (ANI): The quarterly average assets under management (AUMs) of Indian mutual fund industry totalled Rs 25.51 lakh crore at the end of Q1 FY20 (April to June) as against Rs 24.48 lakh crore at the end of Q4 FY19 (January to March), according to the Associ
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Invest in a Bajaj Finance FD to diversify your investment portfolio
Updated : 6 years, 9 months ago IST
Pune (Maharashtra) [India] June 14 (ANI/BusinessWire India): Financial planning is a crucial part of any individual's life - be it salaried or self-employed. Every financial decision that you take needs to be based on certain life goals one intends to fulfil.
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