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The best way to double your investment – small savings schemes vs joint funds

The Treasury has pressured small-scale savings investors to reduce interest rates to 110 points in the April-June quarterly quarter, on Wednesday. However, the order was short-lived. Finance Minister Nirmala Sitharaman rescinded interest rates by tweeting early Thursday. Therefore, at the moment investors will continue to receive old interest rates through the Sukanya Samriddhi Account still …

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Groww to buy the Indiabulls’ mutual fund business for $ 175

Groww, one of India’s leading investment platforms, will take on the Indiabulls group’s mutual fund business by 175 crore. The transaction will only involve the joint venture business of the Indiabulls group. Other investment funds and portfolio management services businesses will remain part of the Indiabulls team.Once Groww has obtained approval from the Securities and …

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