Personal Finance Top Stories

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UTI Equity Fund completes 25 years of wealth creation and prosperity, declares tax-free dividend of 28%

The scheme has a proven track record for 25 years and has paid out total dividend of Rs.798 crore during the past 25 years.

Jun 19, 2017

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Low bank deposit rates push retail investors to liquid funds

In 2016-17, retail portion of AUMs of liquid funds rose 42 percent to Rs 5,800 crore from Rs 4,100 crore in the preceding fiscal, says Cafemutual.

May 27, 2017

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Bitcoin's murkier rivals line up to displace it as cybercriminals' favourite

Bitcoin addresses are anonymous, but users can be traced through IP addresses or by analysing money flows.

May 19, 2017

personal finance, mf investments, mutual funds, reliance growth fund, returns on reliance growth fund, reliance mf, mf schemes, indian mutual funds

Reliance Growth Fund says Rs 1 lakh grows to Rs 1 crore in 22 years

In a comparison to drive home its success, Reliance Growth Fund says Rs 1 lakh invested in the scheme in 1995 is worth Rs 1 crore now.

May 10, 2017

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Closing your car loan? Don't make these mistakes

It's not just payment of the last EMI, make sure you complete the formalities to bring a closure to your car loan.

May 10, 2017

Mutual funds hit a new high in April; investments in equity schemes more than double

Assets under management (AUMs) of India's 42 mutual funds rose to Rs 19.26 lakh crore as of April 30 from Rs 17.55 lakh crore a month earlier.

May 8, 2017

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Mutual fund investments in stocks more than double in April

Net inflows into equities by mutual funds rose to Rs 9,918 crore in April from Rs 4,191 crore in March.

May 8, 2017

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Salaries of MF executives rise modestly for FY2017

Except for Reliance MF CEO Sundeep Sikka, HDFC MF CEO Milind Barve and ICICI MF MD Nimesh Shah got reasonable hike in salary for FY2017.

May 2, 2017

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Kajal Aggarwal makes interesting comments on 'overexposure'; MF investors would agree

Data released by Amfi reveals retail investors are exercising caution when it comes to equity MFs; actress Kajal Aggarwal talks of "overexposure", though in a different context.

Mar 21, 2017

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Moneyfront claims to have 1,100 MF investors using its robo advisory

Moneyfront is offering its services free for first six months to MF investors opting for direct plans.

Feb 15, 2017

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Mutual fund managers went on a selling spree in IT, pharma stocks in January 2017; 2 companies do not figure in the list

Some of the stocks MF managers sold include TCS, HCL Technologies, Cyient, Mindtree, Tec Mahindra, Torrent, Sanofi and Dr Lal Pathlabs.

Feb 15, 2017

DSP Blackrock suspends fresh transactions in Micro Cap Fund

DSP Blackrock Micro Cap Fund, an open-ended, diversified equity scheme, will not accept fresh inflows from February 20, 2017.

Feb 14, 2017

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ELSS could see spike in inflows after slowdown in December 2016

Net inflows into ELSS, which qualify for deduction u/s 80C, dipped after rising from July 2016 to November 2016, reveals Amfi data.

Feb 6, 2017

Tax, Budget 2017, Union Budget 2017, Income Tax, senior citizens, common man

It's easy to invest in Birla Sun Life Tax Relief 96

Birla Sun Life Tax Relief 96 is an equity linked savings scheme (ELSS) that offers tax benefits and growth opportunities.

Jan 28, 2017

ELSS: All you need to know about tax-saving MF schemes

Equity-linked savings schemes (ELSSs) provide tax benefits and opportunity to maximise returns via MFs.

Jan 24, 2017

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