NFO Alert: Mirae Asset launches Gold ETF. Should you invest?

The offer will close on Feb 15. The minimum investment during the NFO period is  <span class='webrupee'>₹</span>5,000 and there is no exit load. The scheme’s benchmark would be domestic prices of physical gold.

NFO Alert: Axis MF launches Axis Business Cycles Fund; all you need to know

Axis Mutual Fund announced the launch of the Axis Business Cycles Fund, an open-ended equity scheme investing predominantly in equity and equity-related securities with a focus on riding business cycles.

RBI Policy: Banks to levy penal charge, not interest, in case of loan default; all you need to know

The RBI statement says that any penalty for delay or default in servicing of the loan will be in the form of ‘penal charges’ in a reasonable and transparent manner and not in the form of ‘penal interest’ which is added to the rate of interest

Ahead of G20, RBI enables UPI access for inbound travellers; here's all you need to know

The RBI has announced the enabling of UPI access to inbound travellers from G20 countries, starting at select international airports. This will make payments easier and more convenient for tourists and provide a boost to the tourism industry in India.

NFO Alert: Bajaj Allianz Life Insurance launches Bajaj Allianz Life Sustainable Equity Fund; all you need to know

Bajaj Allianz Life Insurance announced the launch of the Bajaj Allianz Life Sustainable Equity Fund, an open-ended ESG-focused mutual fund scheme best suited for people interested in the merits of long-term investing. 

Budget 2023: Amid plans afoot to expand its scope, here are key features of DigiLocker

The Budget 2023 recently announced that the scope of documents available on DigiLocker will soon be expanded to enable more fintech innovative services. We share more details here

How long should you stay invested in index funds? This is the answer

Just investing in index funds is not enough. Staying invested, especially for a prolonged period, is important if you want to earn returns in sync with the market while escaping short-term volatility.

Buying a insurance in 2023? Here are 3 government sponsored schemes in India

Life insurance that covers the risk of death &amp; health insurance that covers the risk of hospitalisation. Here we are going to discuss the insurance cover policies provided by the Government of India to its citizens.

Foreign remittances: With 20% tax collection at source, sending money abroad to pinch more; details here

Tax payers are entitled to get the refund of their tax credit after they file their tax return. But those citizens who don’t file their returns stand to lose their money. Read further to know more 

Budget 2023: Is it everything we expected to be?

The 2023 Financial Budget targets to bring down the fiscal deficit to 5.9% of GDP and increase capital expenditure to  <span class='webrupee'>₹</span>10 lakh crore. It also focuses on green growth, digital India and offers relief to the middle class in the form of personal income tax.

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NFO Alert: Mirae Asset launches Gold ETF. Should you invest?

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personal finance

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