A gold FoF acts as a feeder pipe that invests in underlying gold ETFs. At DSP Mutual Fund, the gold FoF has ₹500 crore-600 crore of assets under management, representing roughly 20% of the ₹3,000 crore gold ETF total size. According to data from DSP MF, the total industry size of gold FoF stood at ₹47,359 crore as of August compared with ₹53,638 crore in March and ₹22,837 crore in September 2025.
Confused about the Employees’ Pension Scheme and its rules? This guide breaks down complex aspects, including contribution methods, eligibility, and pension calculations. With increasing cases of claim rejections, being informed is key.
A businessman who operates in the fish machinery segment received ₹23 lakh in his bank account via RTGS on January 16, 2026. Shortly after the money was credited, the bank froze his account, citing a mismatch between the deposit amount and the income he declared when opening the account. The bank noted that the customer…
With August’s historical seasonality favouring Indian equities, analysts have identified stocks well placed to outperform based on derivatives build-up, though a few continue to attract bearish bets on weakening technicals. With August’s historical seasonality favouring Indian equities, analysts have identified stocks well placed to outperform based on derivatives build-up, though a few continue to attract…
State-run power giant NTPC‘s board has approved a proposal to raise up to Rs 12,000 crore through issuance of non-convertible debentures (NCDs). The Board of Directors of the company, at its meeting held on Friday, July 24, 2026, approved the issue of non-convertible debentures up to Rs 12,000 crore, in one or more tranches through…
The Delhi government is set to formally launch the Delhi Lakshmi Yojana on Wednesday, August 26, with Chief Minister Rekha Gupta scheduled to hand over sanction letters to around 4,000 eligible women at Talkatora Stadium. The monthly financial assistance under the scheme is scheduled to start from September 1. According to the latest government figures…
Living overseas does not automatically make an Indian citizen a non-resident for income-tax purposes. The determination depends on the number of days spent in India, the nature of income earned, and the individual’s residential history. Under Section 115G of the Income-tax Act, 1961, non-resident Indians (NRIs) are exempt from filing an income-tax return (ITR) if…