Gold prices jumped from the degrees of ₹39,000 per 10 grams in the start of this yr to cross report breaking ranges of about ₹49,500 lately. Currently gold is hovering round ₹49,000 ranges in the futures market. Gold prices are up 25% yr thus far. These sorts of returns can…

MUMBAI: The Supreme Court on Friday determined not to intervene in varied petitions filed in the case associated to Franklin Templeton India shutting down six of its debt schemes. In an oral order, the highest court docket dominated that instances being heard in varied excessive courts — in Gujarat, Delhi…

Reena Dhiman, 32, who wanted cash, considered redeeming a few of her previous debt mutual fund investments. But she acquired a impolite shock when her bank deducted the complete quantity for non-maintenance of minimum steadiness costs. In truth, her account was displaying a unfavourable steadiness. Reena had finished lump sum…

MUMBAI : The Supreme Court on Friday directed the switch of all pleas associated to Franklin Templeton India shuttering six of its debt funds to the Karnataka high court, however declined to raise a Gujarat court keep on the e-voting course of for winding up the schemes. In an oral…

Indian market indices Sensex and Nifty ended decrease on Friday however ended the week about 1.5% larger, extending positive aspects to the fourth week. The NSE Nifty 50 index closed at 10,768 on Friday whereas BSE Sensex settled at 36,594. Markets began the week on a promising notice however combined…

NPS subscribers can quickly get an choice to invest in National Pension Scheme through SIP or systematic funding plan. SIP in NPS will work identical to SIP in mutual funds does. …

Investment by mutual funds in stocks rose greater than fourfold to ₹39,477.95 crore in the six months ended 30 June from ₹8,734.33 crore in the 12 months earlier, knowledge from the Securities and Exchange Board of India (Sebi) confirmed. Much of the investments got here in March, when the markets…

While the policy options and wordings are the similar throughout insurers, Mint discovered that there’s a stark distinction in the approach insurers have priced the product (see graph). If you’re planning to purchase the policy, learn on to know the product options and the way the premiums evaluate amongst insurers. …

Every mutual fund home incurs bills. Fund managers should be paid their salaries for managing buyers’ cash. Distributors should be paid commissions for promoting mutual fund schemes. Apart from these, there are a number of costs incurred in working a fund home equivalent to auditor’s charges, registrar and switch agent’s…