Auto Added by WPeMatico
Value funds invest in stocks that are undervalued compared with their intrinsic worth. These schemes typically look for companies trading at relatively lower valuations with the expectation that the market will eventually recognise their true value. Under the Securities and Exchange Board of India (SEBI) categorisation rules, value funds are required to invest at least…
Over the years, flexi-cap funds have emerged as one of the most popular equity mutual fund categories because of their flexibility to invest across large-, mid-, and small-cap stocks. However, a “Thinking Aloud” report by Axis Mutual Fund argues that this flexibility has, in practice, resulted in a persistent bias towards large-cap stocks, limiting participation…
I returned to India in 2023 after working in the US for over 15 years. During my stay in the US, I had acquired shares of several companies listed on the NYSE. I now want to book gains and reinvest the money into new shares. Since I will not be remitting the money back to…
If you are confused about how Futures and Options (F&O) trades should be reported in an income tax return (ITR), remember that they are treated differently from mutual funds or shares. Income from F&O trading is classified as non-speculative business income and must be reported under “Profits and Gains from Business or Profession”. Here’s what…
Livemint For about a decade, Livemint—News Desk has been a credible source for authentic and timely news, and well-researched analysis on national news, business, personal finance, corporates, politics and geopolitics. We bring the latest updates on all the listed companies on BSE and NSE, startups, mutual funds, Union ministries, geopolitics, and untapped human interest stories…
SEBI’s recently introduced GARUDA framework, which allows eligible Alternative Investment Fund (AIF) schemes to launch faster, has put the spotlight back on an investment category that has expanded rapidly over the past decade. While AIFs have become an important source of capital for startups, private businesses and alternative assets, they remain less familiar than mutual…
Pensioners’ representative body, the EPS95 National Agitation Committee has called for a nationwide protest this week on 5 August if the government fails to meet demands for ₹7,500 minimum monthly pension and other benefits, according to a PTI report. As per its press release, the committee is looking for hike in minimum monthly pension under…
As heavy rains lash several parts of the country, many homeowners rush to waterproof terraces, seal leaking windows and clear drains. While these preventive measures can reduce damage, they may not be enough to protect against the financial impact of severe monsoon-related incidents. Insurance experts say heavy rainfall can trigger a range of unexpected losses,…
Although payments for Annapurna Yojana are generally credited in a phased manner during the first week of the month, many bank accounts have yet to receive the funds
The Delhi government has approved a 100% salary hike for Delhi State Disaster Management Authority (DDMA) personnel, including project officers, district project officers, and project coordinators, according to a PTI report. This is the first such increase in 16 years, since 2009. According to Delhi Chief Minister Rekha Gupta, these posts were not subject to…