PL Asset Management, the asset management arm of PL Capital Group, said India’s macroeconomic strength and healthy liquidity conditions have so far helped absorb external shocks, even as global markets react to energy disruptions and shifting interest rate expectations. The firm said domestic equities have remained relatively steady, supported by institutional inflows and sustained retail…
Kotak Mahindra Asset Management Company has introduced the Kotak Multi Asset Active FOF, an open-ended fund of funds scheme that invests across equity-oriented schemes, debt-oriented schemes, and commodity-based schemes. The new fund offer (NFO) opened on April 8 and will close on April 22. The scheme aims to optimise risk-adjusted returns through active allocation across…
Markets keep shifting, and investors need to stay flexible. In a discussion with CNBC-TV18, Mohit Gang of Moneyfront and Shweta Rajani from Anand Rathi Wealth break down how to handle different market phases, choose mutual funds that match your goals, and build a portfolio that can grow steadily. They also explain when it makes sense…
Capri Global Capital has announced the launch of Tranche I of its public issue of secured, rated, listed, redeemable non-convertible debentures (NCDs) for up to ₹500 crore. The tranche comprises a base issue of ₹1,000 million with a green shoe option of ₹400 crore. The NCDs carry coupon rates of up to 9.50% per annum…
Digital reward and incentive platforms provide a way for employees to manage money by linking incentives to savings, investments, and financial planning. While traditionally designed as consumption-led perks, these platforms now allow employees to allocate rewards across expenses, savings, and lifestyle categories. Experts say such tools can support disciplined financial habits and improve day-to-day money…
Axis Mutual Fund has introduced a new open-ended index scheme, the Axis Nifty India Defence Index Fund, which will track the Nifty India Defence Total Return Index (TRI). The new fund offer (NFO) will open for subscription on April 10 and close on April 24. The scheme aims to deliver returns, before expenses, that correspond…
Axis Bank has joined the list of lenders live on NPCI Bharat BillPay Limited’s Banking Connect platform, as the interoperable net-banking infrastructure continues to expand across India’s digital payments ecosystem. With the latest onboarding, Banking Connect is now available across eight banks, including State Bank of India, ICICI Bank and HDFC Bank. The platform is…
Gold and silver prices in India witnessed volatility on Thursday (April 9), tracking mixed global cues and heightened geopolitical uncertainty following fresh tensions in the West Asia. While international prices held largely steady, domestic futures on the Multi Commodity Exchange (MCX) edged lower in trade. Domestic prices slip from recent highs MCX gold futures fell…
Indian travellers heading to Central Asia may soon find it easier to pay for goods and services, with UPI and other domestic payment methods being enabled across parts of the region through a new fintech partnership. Central Asia-focused fintech infrastructure firm 8B has partnered with PayU to integrate Indian payment systems, including the Unified Payments…
A student visa may mark the final stage of admission formalities, but it does not eliminate the risks associated with living overseas for an extended period. Industry experts say student travel insurance plays a central role in managing those uncertainties, ranging from medical emergencies to financial disruptions. According to experts, student travel insurance is structured…
