Home Tags Mutual funds

Tag: Mutual funds

Paytm Payments Bank now allows users to invest in mutual funds...

The Bengaluru-based mobile-first bank, Paytm Payments Bank, has now enabled its 42 million users to invest in mutual funds directly, through Paytm. The users will...

PhonePe to enter the financial services sector

PhonePe, which is Flipkart’s payments arm, is all set to enter the financial services sector. The company, which will begin by selling mutual funds...

77 lakh new mutual fund folios added since April 2018

The number of individuals opting for mutual funds has seen an increase of late, with 77 lakh new portfolios added between April and October...

MobiKwik acquires wealth management entity Clearfunds

The mobile wallet turned fintech company, MobiKwik has acquired the online wealth management entity, Clearfunds for an undisclosed amount. This is MobiKwik’s first acquisition...

SBI comes to the rescue of NBFCs, to purchase assets worth...

India’s largest lender, State Bank of India has come to the rescue of NBFCs which have been impacted by defaults by IL&FS and its...

Equity mutual fund investments capped to 5% by the PFRDA

As of 2015, the Pension Fund Regulatory and Development Authority (PFRDA) has allowed fund managers to invest in equity mutual funds in order to...

SEBI plans to lower expense ratio charges for mutual funds

The Securities and Exchange Board of India (SEBI) has asked the companies in the mutual fund industry to lower the operating expenses imposed on...

HDFC Bank to offer loans against mutual funds on digital platforms

HDFC, India’s leading private bank and moneylender, in partnership with CAMS has launched an initiative to offer loans against mutual funds on digital platforms....
Equity-Mutual-Funds-Inflows-Record-20-Month-Low

Equity Mutual Funds Inflows Record 20-Month Low

The window for tax relief on long-term capital gains up to the 31st of March has had an adverse effect on the manner in...

In 2018 India will eclipse China to become fastest growing large...

A Sanctum Wealth Management report has indicated that India will be overtaking China this year to become the fastest growing large economy. The report...