Mutual fund

Land crash or random? Understanding the authority of SEBI “Leather in the game”

As of July 2021, SEBI (Securities and Exchange Board of India) is demanding approximately 20% of the significant compensation of employees of joint funds to be part of the scheme they manage. While this decision received positive feedback from the investment community, not all fund managers and AMCs were happy with the change. One of …

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Home loan interest rates cross 9% mark! Here are 6 tips to save money on your loan

Home loan interest rates cross 9% mark Direct effect of the rising repo rate has been on the home loan interest rates. Here’s what you can do The Reserve Bank of India (RBI) has increased the repo rate, which is the rate at which banks borrow from the Central Bank, by 2.25 percentage point to …

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Mutual Funds

A big change in the payment methods of Mutual Funds!

Mutual Funds- If you invest in mutual fund, this news is useful for you. Significantly, the mutual fund trade aggregation portal MF Utilities has brought a major change to how payment is made in mutual funds. Now, no investor will be able to invest in mutual funds by check after March 31. Along with the …

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Tata Capital introduced loans against joint ventures

Tata Capital has launched the ‘Loan against Mutual Fund’, the first digital donation industry that enables customers to get instant loans ranging from Rs 5 lakhs to 2 crores. Digital loan disbursements are offered against multiple credit equity schemes in joint funds. Customers can obtain a loan amount by placing a sleeping bag on shared …

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