A mutual fund is a professionally managed investment pool that combines the money of many investors. The fund manager invests the pooled money in a variety of assets, such as stocks, bonds, and cash equivalents. The value of a mutual fund share fluctuates based on the performance of the underlying assets in its portfolio.
Investing in mutual funds is a popular choice among Indian investors due to ease of investment and out sourcing the fund management. However, understanding the tax implications of mutual fund investments is crucial for maximizing benefits and avoiding surprises at tax time
Ratan Naval Tata, one of India’s most revered industrialists, passed away on Wednesday at Mumbai’s Breach Candy Hospital at 86. The Chairman Emeritus of Tata Sons and recipient of India’s second-highest civilian honor, the Padma Vibhushan, had been in critical condition. Despite being under intensive care, his passing has left a nation mourning the loss of an iconic leader.
India has emerged as a major hub for electronics and electric vehicle (EV) infrastructure, and this momentum is expected to attract investments worth $15 billion from Taiwanese firms, according to a report by the Federation of Indian Chambers of Commerce & Industry (Ficci).
The festive season is here, and the Indian stock market is buzzing! But this year, there’s an extra reason to celebrate for auto enthusiasts. One of the most anticipated IPOs of 2024, Hyundai Motor India, is all set to hit the market on October 15th. This offering will be a landmark event for several reasons.
Initial Public Offerings (IPOs) and Systematic Investment Plans (SIPs) in mutual funds have become two significant investment avenues in India.
The company’s shares have taken a significant hit, with a 10.36% decline on October 7, 2024. Let’s delve into the factors contributing to this decline and explore the potential implications for the company.
Gold has always been a symbol of wealth and security, but today, investing in gold means something other than stashing away heavy jewelry, bars, and coins. Enter gold funds—an innovative and hassle-free way to add the shine of gold to your investment kitty.
We live in an age where markets are becoming more complex and unpredictable, and navigating investments alone can feel daunting. That’s where fund managers come in—experts who understand the workings of the market and make informed decisions on your behalf. But have you ever wondered why their expertise is crucial for your financial success?
Anil Ambani’s Reliance Group has recently made headlines with significant financial developments, particularly around debt reduction efforts. As the group moves closer to achieving a debt-free status, the impact on the stock market has been monumental, with stock prices soaring by 60%.
