Maturity Mutual Funds: What are target maturity mutual funds? [ad_1] 1.Target Maturity Funds are passively managed debt funds which replicates an underlying index. 2.TMFs are open-ended debt schemes with a specific maturity date. 3.TMFs hold the underlying bonds till maturity and an interest rate movement does not impact your returns if you hold till the maturity date. 4.The portfolio typically ...
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NRIs can now pay utility bills through Bharat Bill Payment System
NRIs can now pay utility bills through Bharat Bill Payment System Non-resident Indians (NRIs) will now be able to make utility bill payments for their family in India as the Reserve Bank of India (RBI) on Friday proposed to enable Bharat Bill Payment System (BBPS) to accept cross-border inward payments. BBPS, owned and operated by the National ...
Read More »22 carat gold Jewellery price: 14-carat gold jewellery is 36% cheaper than 22-carat jewellery: Know resale value, charges, loan options
22 carat gold Jewellery price: 14-carat gold jewellery is 36% cheaper than 22-carat jewellery: Know resale value, charges, loan options [ad_1] When 23-year-old Harshita Thakur got her first salary, she wanted to buy some jewellery for herself. But the price of gold made her baulk. Searching online for something more affordable, Thakur stopped when she saw a ring from Mia ...
Read More »RBI stays hawkish in fight against inflation; MPC reverses Covid-era cuts
RBI stays hawkish in fight against inflation; MPC reverses Covid-era cuts The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Friday hiked the policy repo rate by 50 basis points to 5.4 per cent — a three-year high —owing to inflation concern and to shield the exchange rate, which has come under pressure since ...
Read More »HDFC Mutual Fund: HDFC Top 100 mutual fund review: Needs to build new track record
HDFC Mutual Fund: HDFC Top 100 mutual fund review: Needs to build new track record [ad_1] ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. BASIC FACTS DATE OF LAUNCH 10 NOVEMBER 1996 CATEGORY EQUITY TYPE LARGE CAP ...
Read More »Time for measured RBI monetary policy moves: What prompted the rate hike
Time for measured RBI monetary policy moves: What prompted the rate hike The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Friday hiked the policy repo rate by 50 basis points to 5.4 per cent — a three-year high —owing to inflation concern and to shield the exchange rate, which has come under pressure ...
Read More »Enter the equity market believing that everyone is out to rob you: Here's why
Enter the equity market believing that everyone is out to rob you: Here's why [ad_1] At the heart of equity investing is the investors’ ability to trust the information and the numbers that companies release about their business. Without this trust, there’s nothing. [ad_2]
Read More »Monetary policy review: Economists see repo rate climbing to around 6%
Monetary policy review: Economists see repo rate climbing to around 6% The Reserve Bank of India (RBI) is likely to increase the repo rate by almost 60 basis points more, taking it close to 6 per cent, before holding off on further policy tightening in the current cycle, economists told Business Standard. According to the median of ...
Read More »Banks Start Raising Lending Rates After Rbi’s 50bps Hike
Banks Start Raising Lending Rates After Rbi’s 50bps Hike [ad_1] (This story originally appeared in on Aug 08, 2022) Mumbai: Banks have started hiking their lending rates after the RBI hiked the repo rate by half a percentage point on Friday. The rate at which the RBI lends to banks is called the repo rate. While the transmission to lending ...
Read More »Bank of Baroda to raise Rs 1,000 cr via infrastructure & affordable housing bonds
Bank of Baroda to raise Rs 1,000 cr via infrastructure & affordable housing bonds Bank of Baroda, the second largest state-owned bank, is planning to raise Rs 1,000 crore through issuance of infrastructure and affordable housing bonds on August 12, a source close to the development told IANS. “The likely tenure for the bonds is seven years ...
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