Author: Shehnaz Beig
Shehnaz Beig
Shehnaz Ali Siddiqui is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing around Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
From November 1, 2024, major changes in the rules for mutual funds will come into effect, which could impact how mutual fund companies operate. The Securities and Exchange Board of India (SEBI) has issued fresh guidelines targeting insider trading in mutual funds. These rules are primarily aimed at making transactions more transparent and preventing any unfair advantages through insider information. New Reporting Rules for Mutual Fund Transactions One of the key changes that will impact Asset Management Companies (AMCs) is the requirement to disclose transactions exceeding Rs 15 lakh made by nominees, trustees, and their close relatives. SEBI has made…
Nvidia CEO Jensen Huang has announced a partnership with Reliance Industries to develop Artificial Intelligence (AI) infrastructure in India. This collaboration aims to significantly enhance India’s AI capabilities, making it one of the most advanced AI hubs in the world. Nvidia, known as the world’s leading semiconductor manufacturing company, will work closely with Reliance to bring this vision to life. A Major Opportunity for India During the announcement, Jensen Huang emphasized that India, with its vast population and a large number of skilled computer engineers, has a unique opportunity to emerge as a major player in AI. He praised the…
Tata Small Cap Fund, one of the leading schemes from Tata Mutual Fund, has made headlines by delivering exceptional returns for investors. In just five years, a lump sum investment has multiplied by over four and a half times, while a Systematic Investment Plan (SIP) in the fund has yielded more than three times the invested amount. These impressive returns have made the Tata Small Cap Fund a favorite among investors looking for long-term wealth creation in the small-cap segment. Investment Strategy of Tata Small Cap Fund The Tata Small Cap Fund follows a growth-oriented investment strategy, aiming to invest…
The Motilal Oswal Digital India Fund is currently open for investors until 25th October, presenting a golden opportunity to capitalize on the ever-expanding digital landscape of India. This fund offers an open-ended equity scheme, benchmarked against the BSE Tech Total Return Index. With a minimum investment of just ₹500, the fund is set to tap into sectors like technology, telecom, media, and entertainment. Why Digital India is a Lucrative Investment Space India’s digital ecosystem is flourishing, thanks to its position as one of the top two nations globally in terms of internet usage. The country’s internet economy is expanding at…
Surat’s diamond industry has been flourishing for decades, and one name that stands out in this space is Savji Dholakia. Known for his empire worth crores and his incredible journey from a humble farmer’s son to one of India’s top diamond exporters, Savji has become a household name. However, despite his immense success and wealth, he holds onto deep-rooted values of simplicity and humility, which he has passed on to his children in an extraordinary way. This story is not just about his empire but also how he chose to raise his son, Dravya Dholakia, in a way that would…
SBI Mutual Fund, the largest fund house in India, has launched a New Fund Offer (NFO) under the name SBI Nifty India Consumption Index Fund, open for subscription until October 25, 2024. The scheme aims to capitalize on India’s rising consumption trends driven by factors such as increasing income, urbanization, and demographic shifts. Launched on October 16, 2024, this open-ended equity scheme will track the Nifty India Consumption Index, offering investors exposure to stocks within the domestic consumption space. Investors can get started with a minimum investment of ₹5,000, with additional investments in multiples of ₹1. The fund also offers…
LIC Mutual Funds have been delivering solid returns across different periods, making them a popular choice for investors seeking growth. With their affordable SIPs starting from just Rs. 200, these mutual funds cater to both seasoned and new investors. Backed by the credibility of LIC, one of India’s most trusted financial brands, these funds have demonstrated strong performance in short, mid, and long-term investments. Let’s explore five high-performing equity mutual funds from LIC that have consistently provided impressive returns. 1. LIC MF Infrastructure Fund Lump Sum 3-Year Return: 34% per annumSIP 3-Year Return: 46.52% per annum This fund focuses on…
Owning a luxury car is a dream for many in India. However, not everyone can afford the hefty price tag of a brand-new luxury vehicle. That’s where second-hand luxury cars come into the picture. They offer the perfect combination of comfort, style, and performance at a much lower price. In this article, we’ll explore the advantages and disadvantages of buying a second-hand luxury car and what you should consider before making the purchase. Why Buy a Second-Hand Luxury Car? Save Big on Depreciation One of the most significant reasons people consider buying a used luxury car is the massive savings…
Small cap mutual funds in India have made headlines for their impressive returns over the past year. With the top-performing funds delivering up to 67% returns in just one year, these funds have outpaced both major benchmarks in the small cap category. But while the returns may be tempting, it’s essential for investors to consider the associated risks and make informed decisions. The Top 7 Small Cap Funds in the Last 1 Year Here’s a look at the top 7 small cap mutual funds based on their 1-year performance (Direct Plans): These funds have far outperformed the benchmark indices in…
If you’re looking for a mutual fund that has stood the test of time and delivered exceptional returns, SBI Contra Fund might just be what you need. This fund, known for its contrarian investment strategy, has amazed investors by turning an investment of Rs. 1 lakh into Rs. 1 crore over the past 25 years. Not only has it multiplied investors’ money fourfold in the last five years, but it has also doubled it in just three years. What Makes SBI Contra Fund Stand Out? SBI Contra Fund is an open-ended equity scheme that follows a unique contrarian investment approach.…