The Additional Offering Period (AOP) of ICICI Prudential Mutual Fund managed BHARAT 22 ETF has just been announced. This AOP is a part of the Government of India’s disinvestment initiative announced earlier by the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, using the ETF route. ICICIContinue Reading

Do you remember the last time you wanted to sell your house but had to pay long term capital gain tax (LTCG)? Well, there’s good news for you. With the Interim Budget of 2019, you can invest in two houses and save taxes from the fiscal year (FY 2020). AsContinue Reading

You can now keep all your investment woes aside. ICICI Securities Limited (I-Sec) has announced that it will be using the path breaking Unified Payment Interface (UPI) system as its new payment mode. This mode will enable quicker and more efficient investing. The UPI service will open up new paymentContinue Reading

The new fund categorisation drove forced funds to pick clear identities and drop misleading fancy names Suresh received an unusual notice from his mutual fund company one morning. His cherished “opportunities fund” was suddenly becoming a “large-cap fund” from next month. “What’s going on here?” he wondered, genuinely confused byContinue Reading