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18 September, 2018 9:34 AM Â IDBI Mutual Fund seeks regulatory nod for dividend yield scheme

IDBI Mutual Fund has sought the Securities and Exchange Board of India's approval to launch IDBI Dividend Yield Fund, as per the draft offer document on the market regulator's website. The open-ended equity scheme will invest at least 65 percent of its corpus in equity and equity related instruments of dividend yielding companies, and up to 35 percent 38

18 September, 2018 7:55 AM Duchess Of Sussex Meghan Markle Stepped Into The Kitchen For This Noble Cause

Duchess of Sussex Meghan Markle has chosen her first solo project as a British Royal and her efforts for the noble cause will warm your hearts! Former TV star and now Duchess of Sussex Meghan Markle has become a household name around the world, after her marriage to Prince Harry of the British Royal family. The 37-year-old is now stepping into a community 40

17 September, 2018 1:50 PM Adani Capital to raise Rs 1,000 crore in growth capital in FY19

Adani Capital, the financial services arm of diversified Adani group, is planning to raise around Rs 1,000 crore in debt, mostly in bank loans, this financial year to fund growth. The company began operations as an NBFC in April 2017 with a focus on MSME and corporate finance. The MSME finance mainly includes business loans, farm sector finance, commercial 47

17 September, 2018 7:58 AM Investments in mutual funds could soon become less expensive: Report

SEBI chairman Ajay Tyagi had last month said that there is scope to rationalise the total expense ratio Investments in mutual funds could become cheaper by 10-25 percent as the Securities and Exchange Board of India (SEBI) is planning to restructure the fees mutual funds charge investors, The Economic Times reported. To curb misselling of schemes, market 50

17 September, 2018 4:40 AM UTI Mutual Fund seeks SEBI nod for global focused growth equity fund of funds scheme

The scheme will invest 95-100 percent in units issued by TRPF SICAV Global Focused Growth Equity Fund UTI Mutual Fund has sought the Securities and Exchange Board of India’s permission to launch UTI Global Focused Growth Equity Fund, an open-ended fund of funds scheme investing in T Rowe Price Funds SICAV Global Focused Growth Equity Fund, according 38

14 September, 2018 6:42 AM BOI AXA MF seeks SEBI nod for fund small cap fund

The scheme will invest at least 65 percent of its assets in equity and equity-related instruments of small cap companies BOI AXA Mutual Fund has sought the Securities and Exchange Board of India's approval to launch BOI AXA Small Cap Fund, an open-ended equity scheme predominantly investing in small cap stocks. The scheme will invest at least 65 percent 45

14 September, 2018 5:14 AM Motilal Oswal MF seeks regulatory nod for fund of fund scheme

The open-ended fund of fund scheme, will invest at least 95 percent of its assets in Motilal Oswal Nasdaq 100 ETF Motilal Oswal Mutual Fund has sought the Securities and Exchange Board of India's approval to launch Motilal Oswal Nasdaq 100 Fund of Fund, according to the draft offer document on SEBI’s website. The open-ended fund of fund scheme 52

12 September, 2018 10:25 AM Government, RBI to do everything to check rupee slide to 'unreasonable levels': FinMin

The government and the RBI will do everything to ensure that the rupee does not depreciate to "unreasonable levels", the Finance Ministry said Wednesday as the currency slid to a lifetime low of 72.91 to the dollar. In the morning trade, the rupee collapsed to a lifetime low of 72.91 against the dollar, amid surging crude oil prices and uanabated foreign 54

12 September, 2018 8:12 AM Digital Savings Accounts: SBI Vs India Post Payments Bank Vs Axis Bank

Zero Balance Digital Accounts: If you want to open a new bank account within minutes, you may consider opening instant digital accounts with banks. If you want to open a new bank account within minutes, you may consider opening instant digital accounts with leading banks. Many banks, these days, offer the facility of instant digital accounts. Usually 59

11 September, 2018 5:56 AM Principal Mutual Fund temporarily suspends subscription under 4 schemes

Processing of registrations under systematic investment plans and other 'pre-registered' investments in the will remain suspended to 'protect the interest of the unit-holders' Principal Mutual Fund has temporarily suspended all subscriptions and additional switch-ins under Principal Cash Management Fund, Principal Ultra Short Term Fund, Principal Low Duration 58