Government to raise Rs 3,500 crore with CPSE ETF, 5th tranche opens on March 19.

The fifth tranche of the CPSE Exchange Traded Fund will be open for subscription on March 19, as the government seeks to raise at least Rs 3,500 crore. The fourth Further Fund Offer (FFO), will open... Read more »

Government to launch an ETF of PSU bank stocks next financial year.

Government has been very keen on launching exchange traded fund of PSU bank stocks in the next financial year. “We are open to the idea of floating an ETF consisting of stocks of... Read more »

Aditya Birla Sun Life Retirement Fund gives new hope to investors

Aditya Birla Sun Life AMC Limited, a subsidiary of Aditya Birla Capital Limited, and investment manager to Aditya Birla Sun Life Mutual Fund (“ABSLMF”), has launched the Aditya Birla Sun Life Retirement... Read more »

SEBI to allow mutual funds and PMS to trade in commodity markets.

The Security Exchange Board of India (SEBI) have permitted mutual funds and portfolio services (PMS) for trading at commodity market. The board be meeting in the second week of March. SEBI has... Read more »

Bharat 22 ETF helps government inch closer to divestment target

The Bharat 22 ETF has been hitting the charts. In its second follow-on issue, (B22ETF) has been subscribed around 10 times. B22ETF has been the driving force by which the government is... Read more »

Bharati AXA Life Shining Stars promises to secure your child’s future.

Bharati AXA Life Insurance has introduced a new child insurance plan ‘Bharati AXA Shining Stars’. This new insurance provides life cover to parents and provides children with financial stability. As mentioned in... Read more »

Bharat 22 ETF additional offer to open soon

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... Read more »

ICICI makes retirement easier with ‘ICICI Prudential Retirement Fund’

ICICI Prudential Mutual Fund today announced the launch of ‘Retirement Fund’, an open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier). Sharing his views about... Read more »

Save tax while you reinvest

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... Read more »

Interim Budget 2019: More tax benefits, middle-class rejoices

The Interim Budget 2019 proved to be a mixed bag of sorts, but there were a fews sops going in the favour of the middle class. Usually overlooked, the middle class have... Read more »