Invesco India Mid Cap and Union Small Cap among 5 equity funds that deliver upto 25% SIP returns in 10 years

One-year returns often become the deciding factor for investors reviewing their mutual fund portfolios. A fund that has recently outperformed attracts fresh money, while one that has lagged is quickly shown the exit door. But experts say relying solely on returns can lead to poor investment decisions. Instead, investors should evaluate how consistently a fund…

A retired income tax officer in Mumbai lost ₹51 lakh after fraudsters posing as police officers from Lucknow allegedly convinced him that he was involved in a money laundering case, placing him under ‘digital arrest’. The scammers then told him to transfer his savings as part of the purported investigation, PTI reported. The series of…

LONDON/MUMBAI: Shares of NRI billionaire Anil Agarwal-led Vedanta Resources on Friday plunged 5.59 per cent on the London Stock Exchange amid talk that it may acquire a majority stake in the Indian arm of Cairn Energy. In the late afternoon session, the scrip was being traded at 20.61 pounds, down by 5.50 per cent on…

The District Consumer Disputes Redressal Commission, Kurnool, has directed Kia India Pvt. Ltd. and its authorised dealer, MG Brothers Kia, Kurnool, to refund the ex-showroom price of a Kia Sonet diesel car after repeated attempts to fix a recurring Diesel Particulate Filter (DPF) problem failed to resolve the issue permanently, according to Live Law. The…

Indian equities ended marginally higher on Friday, with the Nifty gaining 0.1% to 23,898, supported by positive global cues and easing expectations of a near-term US Fed rate hike. Analysts say markets are likely to see some relief, supported by easing expectations of a near-term US Fed rate hike and softer global bond yields. However,…

Asian stocks declined as fresh selling in semiconductor stocks renewed concerns over the sustainability of the artificial intelligence trade. Crude oil climbed. MSCI’s Asia Pacific equities gauge dropped 1.1%, with South Korea leading with a 4.5% decline. Chip bellwether SK Hynix Inc. tumbled over 8.4%. Shares in Japan also declined with the Nikkei dropping over…