Stock Market MF News

  The most important decision that working youth can make is to start investing early. Financial planning may not appeal to working young graduates, however, understanding the benefits of financial plan planning can make a huge difference in the future. If someone is a working youth and has started a career, this is the right time to start saving.   It is a very good idea to consider a long-term plan. At the same time, you have to keep sufficient amount for your personal expenses, other miscellaneous expenses, and also to maintain a comfortable lifestyle. You will continue to get interest on the investment over time and by the time you desire to make big life decisions like buying a car, property or going on vacation, by then you will have a good corpus.   Save savings keeping in mind compound interest: It often happens that when a young person starts a new job, the expenses are relatively low. This is the right opportunity to think that small amounts of savings ...

  Indian parents plan their whole life for the daughter's marriage. Giving of jewellery as a gift to a daughter is a tradition in our country. But it is not easy for all the Indian families. In such a situation, the Assam state government has started the Arundhati Gold Scheme to alleviate the anxiety of the daughter's parents. Under this gold scheme, the daughter is given 10 grams of gold in gifts as help from the government in the daughter's marriage. Let us know how people can take advantage of this scheme.   Under this scheme, the rights of women who register for marriage are protected. The objective of this gold scheme is to provide some relief to the financially weak parents. The gold is given by the Assam state government also makes the girl financially strong.   In the Indian state of Assam, marriages of children are done quickly in very backward areas. Due to which their health and studies are also affected. Keeping in mind the gold found in the Arundhati ...

  The Board of Securities and Exchange Board of India (SEBI) has approved some changes related to the follow-on public offer of the capital market, including several mutual fund regulations, in today's meeting. Regulator SEBI has lifted the lock-in ban for promoters' minimum contribution and issue in the follow-on public offer (FPO). Till now promoters of mutual funds have to make 20% contribution in the follow-on public offer. Market regulator SEBI has also added some conditions for this, the first of which is that the shares of the issuer company have been trading continuously for the last 3 years and the second thing is that it should have at least 95% investor compliance clearance.   According to these changes in the rules of Mutual Fund by SEBI, each scheme of a fund will have different asset and liability. Now the need to issue physical certificates of units of funds of mutual funds has also been removed. The maximum limit of exit load of mutual funds schemes and the...

  Investment in India's capital market through participation papers or Pertissuary Notes (P-Notes) reached a 27-month high of Rs 831.14 billion in November. P-Notes increased investment in the second quarter as corporate earnings improved and liquidity improved.   What are P-Notes? P-Notes are issued by Registered Foreign Portfolio Investors (FPIs) to foreign investors who wish to become part of the Indian stock market without being directly registered. However, for this, they have to go through a fixed process.   According to data from the Securities and Exchange Board of India (SEBI), P-Notes investment in Indian markets, including equity, debt and hybrid securities, increased to Rs 831.14 billion at the end of November. This figure stood at Rs 786.86 billion at the end of October.   The special thing is that this is the highest level of investment since August 2018, when a total investment of Rs 846.47 billion was made through this route. At the end of...

  Have you taken an insurance policy? Have you not yet claimed if the insurance policy is over or its lapse (policy lapse)? If this is the case then there is very important news for you. Because, now if the insurance company has due policyholder due (policy due date) and it is not claimed within 10 years, then the company will deposit all the money in the government treasury. If you have also had a policy pending, then clear it in time.   The policyholder can clear the pending claim for a long time as soon as possible. If the claim does not end within 10 years, then you will not be able to claim it. After 10 years, the policyholder will have no right over that money. According to the master circular of insurance regulator IRDAI, all insurance companies in India will have to deposit their unclaimed amount after 10 years in the Senior Citizens Welfare Fund and these rules will be applicable to all insurance companies of India.   According to the information provided...

  Securities and Exchange Board of India (SEBI) has introduced a new fund category, Flexi-cap, in mutual funds. According to the circular, mutual funds in this category need to invest at least 65 per cent of the portfolio in equities. However, there is no restriction in terms of allocation to market capitalization range and they can dynamically shift across large-cap, mid-cap and small-cap. So, effectively, the new category of the fund in a mutual fund is how SEBI used to define the multi-cap category until it changed the category's mandate.   On September 11, 2020, SEBI issued a circular informing about the change in the mandate of the multi-cap fund's category. According to the new guidelines of SEBI, multi-cap funds need to allocate 25 per cent of the portfolio to each-large-cap, mid-cap and small-cap stocks, increasing the minimum equity allocation to 75 per cent. AMC has been given time until January 2021 to make the required changes in the portfolios of their multi-c...

  The cryptocurrency bitcoin is growing rapidly in investors around the world. Rich people who invest in cryptocurrencies want to increase their capital rapidly through this online currency. This is the reason that its prices are also constantly touching new heights. After 3 years, there has been a big rise in the prices of bitcoin once again. In the year 2017, bitcoin set its record high. After this, she constantly slipped downwards. But, now a new high of 3 years has been made back. People are investing in this bitcoin currency worldwide. However, the Government of India believes that it does not have any virtual currency data and hence its trading may be threatened.   Cryptocurrency bitcoin was started in the year 2009. In the first few years, bitcoin was gradually increasing. But, after the year 2015, it has seen a big boom and it has come in the eyes of the world. In many countries, trading in this virtual currency was considered legal and the price of bitcoin continu...

  Net Pix Shorts Digital Media Limited was established in the year 2019 in Mumbai. It is a technology entertainment company. They provide funding for the production of short films, web series, and regional feature films and release it on the OTT platform. The companies also support firms for the movie prints and advertisement of existing films. Net Pix Shorts IPO Details IPO Open Date November 23, 2020 IPO Close Date November 18, 2020 Issue Type Fixed Price Issue IPO Issue Size 900,000 Equity Shares of 10 rupee (aggregating up to 2.70 Cr rupee) Face Value 10rupee per equity share IPO Price 30 rupee per equity share Market Lot size 4000 Shares Min imum Order Quantity 4000 Shares Listing On BSE SME The company also has a YouTube channel named "Net Pix Shorts". It ...

  Investing in mutual funds can not only provide good returns to the consumer, but you can also take a loan on this in a bad time. Loan against mutual fund is classified as secured loans. Loans to equity or debt-based mutual funds are available to the consumer quickly. Let us discuss today digital loans taken on mutual funds.   Loan against mutual fund gets cheaper loans than personal loans. Interest rates of loan against mutual fund vary from bank to bank. Loan against mutual funds interest rate usually between 9 and 13%. State Bank of India is offering 9.75% annual loan against mutual funds interest rate on equity mutual funds and Dual Advantage Fund. This is much better than the interest rate on personal loans, which can be up to 16%.   How much loan can I take? In the case of equity-based mutual funds, banks can lend up to 50% of net asset value (NAV). Loan against mutual funds SBI provides loans up to 50% of the net asset value of equity, hybrid or ETF mutual...

  The corona epidemic has affected many businesses. Due to this many consumers are facing difficulty in repaying their loan. In such a situation, if a borrower is unable to repay the loan instalments, then not only the loan borrower but also the guarantors are facing problems due to the default of the loan. If someone is a loan guarantor in such a case, then what should he take care of to avoid problems.   What to do if you default? Once you become a guarantor it will be difficult to get out of this responsibility. The guarantee should be given to you only in the case where you are ready to bear the burden of the loan if you do not pay the original account holder. If the person taking the loan is not paying the instalments regularly and the bank is asking you to repay the loan, then you can repay the loan by talking to the borrower. The Guarantor can later recover money from the borrower under the Indian Contract Act 1872.   What to do to get out of loan guarantor...