The systematic investment plans, better known as SIP, have dropped marginally by 0.28% sequentially to Rs 25,926 crore in March, according to data shared by AMFI. Investors bought SIPs worth Rs 25,999 crore in February 2025. AMFI stands for Association of Mutual Funds in India. It is an Indian trade association for all the asset
IT services major Tata Consultancy Services (TCS) has decided to defer employee salary hikes for 2025 which were earlier expected to start in April. The company cited the growing macroeconomic uncertainty intensified by the ongoing tariff war between the US and other countries for the decision. The IT major made the announcement during the company
The brokerage house Motilal Oswal has initiated coverage on Hindustan Aeronautics (HAL) with a ‘Buy’ rating. It has a target price of Rs 5,100 on HAL, an upside of 27% from its current market price of Rs 4,031. The share price of Hindustan Aeronautics was up 2.7% at Rs 4,139.70 around 1.15 PM. According to the
Retirement planning and securing a regular income during the later stages of life are crucial. While many investors are familiar with Systematic Investment Plans (SIPs), fewer take advantage of another effective strategy — the Systematic Withdrawal Plan (SWP). Offered by mutual funds, an SWP allows investors to withdraw a fixed amount at regular intervals. This
Now you do not need to go to the bank or center to invest in mutual funds. India Post has launched a new facility in collaboration with Nippon India Mutual Fund, in which KYC (Know Your Customer) verification will be done at your doorstep. This is a big relief especially for those who are elderly
According to SEBI, Sectoral/Thematic Funds are open-ended equity mutual funds that invest a minimum of 80% of their assets in a particular sector or theme. Each scheme must clearly specify the sector/theme it will focus on for investments. These schemes also have the flexibility to invest across the market cap range, viz., large-cap, mid-cap, and small-cap
In the last one week, there has been a sharp decline in the international mutual funds triggered by sharp sell-offs in equities globally after US President Donald Trump announced reciprocal tariffs on some major economies, including China, the EU and India. In response, Europe and China also announced higher tariffs on the US, further escalating
Real estate major Tribeca Developers, the world’s largest developer of Trump-branded projects, has established Trilive, India’s first rental housing development platform, and has launched its inaugural project in Andheri, Mumbai. Partnering with Housr, the nation’s leading luxury co-living operator, Trilive aims to cater to the housing needs of millennials across India’s top cities. For its
If you’re planning to take a home loan, this could be a good time for you. The Reserve Bank of India (RBI) made a significant cut of 0.50% in the repo rate on June 7, bringing it down to 5.5%. Since February 2025, the RBI has reduced the repo rate by a total of 1%.
The Government has appointed LIC Managing Director Sat Pal Bhanoo to the role of CEO and MD for three months starting Sunday. The announcement came hours after Siddhartha Mohanty completed his tenure at the helm and efforts remain to secure a more permanent replacement. The instructions were conveyed to the Life Insurance Corporation of India
After investing a staggering amount in May, foreign investors turned net sellers with a withdrawal of Rs 8,749 crore from the Indian equity markets in the first week of this month triggered by renewed US-China trade tensions and rising US bond yields. This momentum follows a net investment of Rs 19,860 crore in May and
The real fear isn’t about ghosts. It’s about lost years, ruined credit, and regret. Is there something scarier than a haunted house? Yes, it’s a Rs 50,000 investment gone because of a tip you didn’t question. A dream home loan is cancelled because your EMIs ate your savings. Or five years gone, just waiting for
The Institute of Chartered Accountants of India (ICAI) is set to suggest names of the chartered accountant (CA) firms to National Bank for Agriculture and Rural Development (NABARD) for appointment/re-appointment as statutory auditors of State Co-operative Banks (StCBs) and Central Co-operative Banks (CCBs) for FY26. A senior official told FE that the applications of the
