Last year, the Centre offered a one-time window to the central government employees to switch from the National Pension System (NPS) to CCS (Pension) Rules, 1972 (now 2021), which was popularly known as the old pension scheme. Those who have shifted to the old pension scheme have several questions regarding …
Read More »6 mutual funds NFOs to open for subscription this week – New funds offer
May 26, 2024, 11:25:45 AM IST Around six mutual fund NFOs will open for subscription this week. These six mutual fund NFOs are from the ETF, multi cap fund, small cap fund, and thematic fund categories, according to data from ACE MF. iStock The new fund offer or NFO of …
Read More »Fake notice from Income Tax Department: Know how to spot a sham notice sent by a scamster
Receiving an income tax notice can be very stressful for many people. However, it’s important to be cautious as not all income tax notices may be genuine. Fraudsters may attempt to scam you by sending fake income tax notices. The Income Tax Department sends a tax notice to individuals for …
Read More »Factor ETFs: Why you should invest for long-term returns
While investing, everyone who adheres to a clearly defined rule-based strategy stands a chance to make money. If the rules have stood the test of time, the odds of winning are even higher. Factor-based or smart beta exchange traded funds (ETF) adopt this rule-based approach of portfolio construction. They can …
Read More »Reliance to transfer unclaimed shares to govt fund by this date: Check if yours are in RIL’s list
If you hold some shares of Reliance Industries Limited (RIL) then do check if you have claimed and received dividend(s) from them. This is because if you have not claimed dividends on RIL shares and seven consecutive years or more passed, then the shares will be transferred to a government …
Read More »wealth creation: ET Mutual Fund Explains: Looking to generate a target corpus of Rs 1 crore? Use Rule 15*15*15
When an investor chooses a mutual fund, they have a goal in their mind of how much return to expect, how much corpus will they generate after investing a particular amount on a regular interval. Rule 15*15*15 helps a mutual fund investor become a crorepati even with a monthly investment …
Read More »irctc: Indian Railway train ticket booking: MakeMyTrip, Ixigo offer options to book tickets with zero-cancellation charge only if you do this
Do you frequently travel by train? Then at some point, you may have to cancel any of your train tickets. Cancellation of a train ticket will incur some charges as specified by the Indian Railway Catering and Tourism Corporation (IRCTC). However, if you use the services of some IRCTC-authorised ticketing …
Read More »Top 5 smallcap mutual funds that turned monthly SIP of Rs 20,000 up to Rs 1 crore in 10 years – Wealth Creators
May 25, 2024, 11:57:30 AM IST ETMutualFunds did some data crunching and found that smallcap funds turned a monthly SIP of Rs 20,000 up to Rs 1 crore in 10 years. There were around 13 smallcap funds that completed the period. Here are the top 5, according to data by …
Read More »Trouble with bank and can’t find resolution? File a complaint against bank with RBI Ombudsman; who are eligible, when, where to file
If you face any issue with your bank and it cannot be solved by the bank’s branch officials or its head office, then you may choose to file a complaint against the bank in the Reserve Bank of India (RBI). The name of the scheme under which such complaints can …
Read More »Top 5 stocks where MF, PMS, ULIP, AIFs made entry in April – Investor Favourites
May 25, 2024, 12:19:58 PM IST We considered the top five stocks where MF, PMS, ULIP, and AIFs made an entry in April, according to data by Finalyca. Agencies Around 95 funds added Bharti Hexacom to their portfolios, which included 93 mutual funds, 1 PMS, 1 AIF. No ULIP added …
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