10 things to consider before investing in a mutual fund

1 / 11 Investment Advisor | Always consult an investment advisor before investing in mutual funds. Seeking professional advice ensures that your investments fit your financial goals and risk tolerance. 2 / 11 Investment Goals | Clearly define your investment goals before selecting a mutual fund. Whether you want to save for retirement, education, or … Read more

Cabinet approves PMAY-Urban 2.0 scheme; check eligibility, interest subsidy and other details

Last week, the Union Cabinet approved the Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 project. The scheme aims to build one million houses for urban poor and middle-class families in the next five years, with an investment of Rs 10 lakh crore and a government subsidy of Rs 2.30 lakh crore, according to a press release. … Read more

Checklist of documents you should obtain after closing your mortgage loan | Personal Finance

3 minutes reading time Last update: August 13, 2024 | 17:38 IS After successfully closing a mortgage loan, homeowners experience a great sense of relief and satisfaction. But they will still need to do some banking. Here is a complete guide on the essential documents they need to gather and the steps to take after … Read more

Get up to 8.5% interest rate on fixed deposits and 8% on savings accounts: Latest Bandhan Bank interest rates on deposits

According to the bank’s website, Bandhan Bank has revised its fixed deposit interest rates for retail deposits up to Rs 30 crore. The revised fixed deposit rates will be effective from August 7, 2024. Earn up to 7.9% Fixed Deposit Rate: 5 Banks Review Fixed Deposit Interest Rates in August 2024 Bandhan Bank FD Interest … Read more

DSP MF launches India’s first Nifty Top 10 equal weighted index fund and ETF

DSP Mutual Fund has launched India’s first Nifty Top 10 Equal Weighted Index Fund and ETF. This fund invests equally in the top 10 Indian companies listed on Nifty by free float market capitalisation. The aim is to take advantage of the relatively better valuations of these top 10 stocks compared to broader indices like … Read more

RBI says NBFC depositors can withdraw entire amount early within 3 months; know who is eligible and deposit limit

In an announcement that could benefit millions of investors in India, the Reserve Bank of India (RBI) on Monday said non-banking financial companies (NBFCs) will pay 100 per cent of the deposit amount within the first three months of accepting the fund, if the depositor seeks a withdrawal citing an emergency.In its review of regulations … Read more

Business class for Rs 5555: Star Air’s Independence Day offer ends in 2 days | Personal Finance

2 minutes reading time Last update: August 13, 2024 | 1:25 PM IS Regional carrier Star Air’s Independent Freedom special offer, running from August 5-15, offers travelers incredible discounts on economy and business class fares. Passengers can enjoy Star Air’s luxurious business class experience, offering spacious seats, gourmet meals and personalized service. Even in economy … Read more

Bank of Baroda revises fixed deposit interest rates; get fixed deposit rates up to 7.9%

Bank of Baroda has revised the interest rates on fixed deposits for amounts below Rs 30 crore. The new rates will come into effect from August 13, 2024, according to the Bank of Baroda website. Latest Bank of Baroda FD Interest Rate The bank offers interest rates between 4.25% and 7.25% for general citizens with … Read more

Baroda BNP Paribas investment fund announces scheme mergers: What this means for investors

Baroda BNP Paribas mutual fund has announced the merger of two of its schemes. Baroda BNP Paribas Floating Fund will merge with Baroda BNP Paribas Money Market Fund on September 11, 2024. Similarly, the Baroda BNP Paribas Medium Duration Fund will merge with the Baroda BNP Paribas Credit Risk Fund on the same date. Understanding … Read more

US Visa Bulletin for September: A year of setbacks for many, except India and China | Personal Finance

5 minutes reading time Last update: August 13, 2024 | 09:22 IS The U.S. Department of State has released the September Visa Bulletin, which shows a one-year rollback for all countries except India and China under the EB-3 framework, including Mexico and the Philippines. The EB-3 visa is an employment-based immigrant visa category for skilled … Read more