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What happens to mutual fund investments after the death of account holder?

You invest your hard-earned money to meet various financial goals, be it for yourself or your loved ones. But what happens to these investments if you pass away suddenly? Who will get the benefit? Will your family members be able to claim these after your death? Such questions can worry you, as death is a

Burmans’ plea against Religare AGM delay, to be heard on November 20

A division bench of the the Delhi High Court on Monday deferred hearing an appeal filed by MB Finmart, a Burman Family entity, opposing the Registrar of Companies’ (RoC) three-month extension for Religare Enterprises’ annual general meeting (AGM) for 2023-24, citing an absence of the RoC’s reply. The court has set the next hearing on

FPIs continue to be net sellers in government debt

Foreign investors have been aggressively unwinding their total return swap ((TRS) positions, which are mostly unhedged, due to the volatility in global bond yields ahead of the US presidential elections, traders said. In addition, with the rupee breaching the crucial mark of 84/$, foreign investors have resorted to booking profits.  For a second week in

Royal Enfield electric motorcycle — 3 things to expect

Royal Enfield will be unveiling its first electric motorcycle soon, and while the company showcased the all-electric Himalayan, it will have to wait for what’s being unveiled on November 4th. It is good to see the world’s oldest motorcycle manufacturer shift to electric mobility, however, here are three things to expect from the all-electric Royal

2025 KTM 390 Adventure spied again: New details revealed

Ahead of its official unveiling at EICMA Milan in November, a series of spy shots of the new 2024 KTM 390 Adventure have emerged. This new-generation motorcycle, showcased at the KTM Adventure Rally event in the USA, features Cruise Control settings for the first time. Here’s everything we know so far about the highly anticipated

SIP Calculator: How much Rs 5,000 monthly investment will grow in 20 years?

Saving should be approached with a specific goal and a predetermined target amount in mind. This strategy facilitates the accumulation of the necessary funds to achieve particular financial objectives, such as financing a child’s education or preparing for retirement. It is essential to adopt the principle of “Income minus Savings equals Expenses,” rather than the

Honda launches CB300F Flex Fuel: All you need to know

Honda Motorcycle and Scooter India is taking a significant step towards sustainability by launching the CB300F flex-fuel motorcycle, priced at Rs 1.7 lakh, ex-showroom Delhi. As India’s first flex-fuel motorcycle, the CB300F is now open for bookings and will be available at Honda’s BigWing dealerships by the last week of October 2024. Yogesh Mathur (Director

Mutual Funds: How new tax rules impact your investments?

The Union Budget 2024, presented in July this year, introduced some major changes to the tax rules for mutual fund investments, impacting both short-term and long-term capital gains. Investors selling mutual fund units within a year will now face a higher tax rate on their profits. For those holding investments for over a year, the

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Axis Max Life Insurance launches Sustainable Wealth 50 Index Fund – Should you invest?

Axis Max Life Insurance Ltd, formerly known as Max Life Insurance Company Ltd, has announced the launch of Axis Max Life Sustainable Wealth 50 Index Fund. This fund, developed by Axis Max Life, plans to invest in companies that generate consistent cash flows based on the proprietary Sustainable Yield Index. This customised Index will be

Q3 Update: Hindustan Zinc’s mined metal production stands at 265kt, reports decline of 2% YoY

Hindustan Zinc Limited (HZL), a Vedanta group company, on Thursday announced that the company reported a drop of 2 per cent on-year in mined metal production at 265kt during the third quarter of FY25. The decrease, it added, was due to lower ore production at Agucha and SK mines partly offset by improved mined metal

From aloo bhujia & ice cubes to condoms and men’s underwear, here is what India ordered on New Year’s Eve from Blinkit, Swiggy Instamart

From condoms to aloo bhujia, soft drinks, chips and ice cubes packets, and even men’s underwear, New Year’s Eve (NYE) witnessed record-breaking orders for major quick commerce platforms including Blinkit and Swiggy Instamart. The year came to close on a high note for both the platforms, as Blinkit CEO Albinder Dhindsa and Swiggy Co-founder Phani

Tracking buzzing stocks: Eicher Motors, Bajaj Finserv among top gainers; Sun Pharma, Britannia were the top losers on January 2 – Check complete list...

The Indian stock markets ended the day on a green note on Thursday, January 2, 2025. The Sensex soared by 1436.30 points, or 1.83%, closing at 79,943.71, while the Nifty gained 445.75 points, or 1.88%, ending at 24,188.65. The Nifty Bank index also ended the day in the green, ending the day at 51,605.55, up

ITC Share demerger: When will you get the ITC Hotel shares in your account?

ITC Hotels, on January 1, 2025 officially was demerged from its parent company, ITC. The record date for this long-anticipated demerger has been fixed on January 6. If you are an exiting ITC shareholder or buy shares before January 3, you get ITC Hotels shares in the demerger ratio of 1:10. Essentially that means 1