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A peculiar incident relating to a conflict between a father and daughter over ownership of PPF funds emerged recently. A daughter sued her father for deliberately withdrawing all funds from her PPF account and claimed that he attempted to create financial strain on her mother. The father identified as Sudhir Kawatra had opened a Provident…
Parag Parikh Flexi Cap Fund, one of India’s largest flexi-cap mutual fund schemes, made selective changes to its equity portfolio in July, increasing holdings in 11 companies, according to its latest monthly portfolio disclosure. The fund’s assets under management rose to around ₹1.48 lakh crore as of July-end, from about ₹1.43 lakh crore at the…
Data suggests do-it-yourself investors may be quitting SIPs without giving them enough time. Rolling returns since 2005 show how the odds of losing money shrink the longer you stay.
Flexi-cap funds have emerged as a popular choice for investors who want equity exposure without committing to a particular market-cap segment. Unlike large-cap, mid-cap or small-cap funds, flexi-cap schemes can move across large-, mid- and small-cap stocks based on the fund manager’s assessment of where opportunities lie. That flexibility, however, does not automatically translate into…
Many deliberating on buying a home consider multiple options to finance their investment while ensuring maximum tax relief. One such case relates to whether a home buyer can use Systematic Withdrawal Plan (SWPs) from long-term mutual funds or stocks for monthly home loan prepayments. Cleartax founder and chief executive Archit Gupta provided an insightful answer…
Start with what the order gets right. Its enforcement measures—camera-integrated challans and a pilot linking fuel access to valid insurance—target the mechanism of non-compliance directly. These deserve support and, ideally, faster rollout. The tenure extension is a separate question, and worth examining on its own terms.
Shares of Cupid dropped over 2% on Monday even after the condom-maker reported a whopping 3x surge in net profit for the April-June quarter of the ongoing financial year 2027. Cupid’s multibagger shares fell to Rs 256.80 apiece on the NSE. The company on Saturday reported a consolidated net profit of Rs 44 crore for…
Shares of One97 Communications, the parent company of payments aggregator Paytm, rallied 4.5% to their day’s high of Rs 1,506 on the BSE on Monday after Bernstein raised its target price on the stock to Rs 2,200 (52%upside) from Rs 1,500, while retaining its Outperform rating. The revised target is the highest on the Street…
The shares of Power Finance Corporation (PFC) dropped more than 5% on Monday after the company reported a 2% year-on-year increase in consolidated net profit to Rs 7,012 crore for the first quarter of FY27, with Motilal Oswal Financial Services slashing earnings estimates. PFC shares dropped to Rs 398 apiece on the NSE on Monday…
Shares of Dynamatic Technologies gained 12% to Rs 12,261 on the BSE on Monday after it reported a net profit of Rs 20.79 crore for the quarter ended June 30, 2026, compared with Rs 10.77 crore in Q1 FY26. Revenue stood at Rs 424.81 crore, up 14.5% from Rs 370.93 crore in the year-ago quarter….