Investment in mutual funds through systematic investment plans (SIP) crossed Rs 8,000 crore in December for the first time since May 2020. The number of SIP folios also increased by 6.46 lakh on month-on-month (mom) basis to 3.47 crore. The assets under management (AUM) through SIPs grew by Rs 19,814 crore to Rs 3.98 lakh […]
After an incredibly tough year, there are high expectations from this year’s Union Budget. Measures that will put more disposable income in the hands of the common man and boost economic sentiment would be most welcome. I would like to see a new section being created in the Income Tax Act to provide enhanced, comprehensive […]
With multiple options, comes multiple dilemmas! All of us, at some point, are asked to choose the most profitable mode of online payment to maximize earnings. A debate between which is better: Credit card or UPI has come with multiple arguments and justifications to lure the customers. UPI-linked applications like Google Pay, PhonePe, BHIM, etc. […]
How safe are bitcoins. Here's a look
Time in the equity market is important than timing the market. Historical data also support the old saying. The benchmark BSE Sensex has advanced over 800% since the beginning of 2000 with Bajaj Finance rallying more than 1,00,000%. Titan Company, Kotak Mahindra Bank, Asian Paints and Axis Bank also soared over 10,000% during the same […]
New fund offers are not offered at a discount
Investors try different routes to achieve their financial goals. One of the most common ways is to search for the investment that gives them the highest returns. In this rush to get higher returns there is often the reverse result because things do not turn out as expected. Instead of running after the best investment […]
Farmers protect
New Delhi: Tesla has registered its Indian arm amid indications that the company is set to enter the country’s automobile market. According to a regulatory filing, the firm has registered Tesla India Motors and Energy Pvt Ltd with RoC Bangalore. The company has been registered as an unlisted private entity with a paid up capital […]