Money

Mutual Fund: THIS multi-asset fund turns Rs 10 lakh into over Rs 7 lakh crore in 22 years; Rs 10000 SIP into Rs 2.9 crore ICICI Prudential Multi-Asset Fund, an open-ended scheme, has given an impressive 21.29% return since its inception on 31 October 2002. The fund — fund invests in equity, debt and exchange-traded

6th Pay Commission Update: The Dearness Allowance (DA) for central government employees and employees of Central Autonomous Bodies, who are still receiving their emoluments as per the old pay scale under the 6th Pay Commission, will increase from 239% to 246% of their basic salary. This change will take effect from July 1, 2024, according

Equity mutual fund investors often attempt to time the market. This strategy involves waiting for market declines to purchase shares at lower prices, with the intention of maximizing profits by selling at higher prices. While the principle of buying low and selling high is widely regarded as the optimal investment strategy, its execution is considerably

Life insurance offers financial protection for your family regardless of your location. For students studying abroad, therefore, it is advisable to consider this option, as the unpredictability of life cannot be overlooked. While this insurance cannot prevent loss of life, it can alleviate some financial burdens for the family. Therefore, obtaining life insurance is a

Monthly inflows into mutual fund SIPs (systematic investment plans) breached the Rs 25,000 crore mark for the first time in October, data with the Association of Mutual Funds in India (AMFI) showed on Monday. SIP contributions during the month rose to an all-time high of Rs 25,323 crore against Rs 24,509 crore in the previous

Top 7 gold ETFs with 17% annual returns in 3 years: Check physical gold’s performance in this period Gold ETFS (Exchange-Traded Funds) have given investors an investment instrument option that can match the returns generated by physical gold. In the last three years, gold ETFs have surged by as much as 16.65% annually while physical

There is renewed interest in the picturesque regions of Uttarakhand. The verdant hillocks, scenic lakes & dams, spellbinding valleys, and snow-capped Himalayas in the background are beckoning second homebuyers from the NCR and other parts of North India. Uttarakhand, which is mostly approachable from NCR (around 5-6 hours), is witnessing increased investments in second homes

The trend is clear. India’s Asset Management Companies (AMC) are poised to gain enormously as hordes of savers move money from low-yielding bank deposits to high-return stocks. Monthly inflows of Rs 35,000–Rs 40,000 crore, across asset classes, are now par for the course as are average inflows of Rs 25,000 crore into Systematic Investment Plans