India’s mutual fund industry has hit a big milestone! For the first time ever, in December 2023, the total money managed by these funds crossed Rs 50 lakh crore.  This is a huge leap from Rs 8 lakh crore in 2013, showing that in just 10 years, the industry grew more than six times. Zerodha, ...

SEBI (Securities and Exchange Board of India), the group that looks after the stock market in India, has given more time to people who invest in mutual funds and have demat accounts. Now, you have until June 30, 2024, to choose someone to get your investments if something happens to you, or to say you ...

Mumbai-based finance company SBFC Finance Limited has launched its Initial Public Offering (IPO) for subscription on August 3, and it will remain open until August 7.  The company provides financial services to entrepreneurs and small business owners. The IPO is a Book Built Issue with a total size of Rs 1,025 crore. The IPO price ...

The Reserve Bank Of India’s (RBI) liquidity offer has given some level of solace the debt market, which is feeling tremendous recovery pressure, particularly in credit risk investments. On Monday, the RBI announced a Rs 50,000 crores Special Liquidity Facility Scheme. Since the lockdown announcement from the end of March, mutual fund investors bared a ...