Equity mutual funds have closed the financial year 2022–2023 on a mixed note. Equity schemes of Indian mutual funds saw net inflows of Rs 28,463 crore in March 2022 compared to net inflows of Rs 19,705 crore in the previous month. The overall assets under management remained almost flat at…

HDFC Ltd, India’s largest non-banking financial corporation (NBFC), is slated to merge with HDFC Bank, India’s largest private sector lender. According to some sources, the merger will create India’s third-largest firm and aid HDFC Bank in consolidating its banking position. …

LIVE UPDATES ON THE WAR BETWEEN RUSSIA AND UKRAINE: — The United States has imposed a restriction on Russian oil imports, and the United Kingdom has agreed to cooperate with the embargo. According to AFP, US Vice President Joe Biden announced a ban on US imports of Russian oil on Tuesday, the administration’s most far-reaching move yet to punish Moscow…

Best Quotes, Wishes to share on Women’s Day International Women’s Day 2022: Women’s Day celebrates the very essence of women all over the world. This day marks the importance of why women should be treated equally without any bias or prejudice. On Match 8, Women’s Day is commemorated to honour women of all ages and races in a…

Investing in Index Funds There are numerous advantages to passive investing, which are funds in which the manager makes no active decisions. They will generate market-related returns (i.e., they will not lag behind the benchmark index) and have lower expenses than actively managed funds. — Source: IPOINFO The key distinction between a market index and a fund like this is the cost of operation. A modest quantity of cash may also be present in the fund to aid in the management of withdrawals. Index funds have been improving their performance in this regard over time.

Tax planning | In fiscal years 2021–22, the deadline for making tax-saving investments is March 31, 2022. Individuals who are late risers have only a few weeks left. Here are some tips to keep in mind. SOURCE: IPOINFO Make significant investments and expenditures (Section 80C) Contributions of up to Rs 1.5 lakh…

Kyiv, Ukraine: An Indian student was reportedly shot at in Ukraine’s city of Kyiv, according to Union Minister VK Singh, who was quoted by ANI on Friday, 4 March. Article from : https://ipoinfo.co.in Union Minister VK Singh Singh, who is in Poland as one of four ministers dispatched as special envoys to Ukraine’s neighbouring…

Nuclear Power Plant: The plant accounts for about one quarter of Ukraine’s power generation. Russian troops are shelling Europe’s largest nuclear power station in Ukraine. Article from : IPOINFO Andriy Tuz “We demand that they stop firing heavy weapons,” Andriy Tuz, a spokesperson for the Enerhodar facility, said in a video uploaded…

Hot Stocks | Nifty50 on March 2 witnessed a gap down opening tracking global peers and continued to trade in a negative terrain without disturbing its previous day’s low. Prices closed 1% lower, but within the previous day’s range, forming an inside day pattern on the daily scale. On the…