AlphaGrep Mutual Fund Launches Eminence Hybrid Long-Short Fund SIF

AlphaGrep Mutual Fund has launched the Eminence Hybrid Long-Short Fund under its Specialised Investment Fund (SIF) platform, with the new fund offer (NFO) scheduled to open on October 14 and close on October 28. The interval investment strategy will combine equity long-short positions, special situations, options strategies, arbitrage and fixed-income investments in a single portfolio….

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Gold loans explained: What to check before pledging your jewellery

Gold loans allow borrowers to raise funds against gold jewellery without selling the asset. They can be used for a range of requirements, including business working capital, agricultural expenses, education, healthcare and household needs. However, before pledging jewellery, borrowers should understand the cost of borrowing, repayment conditions, loan-to-value limits and the consequences of default. Vibhas…

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Assam 8th Pay Commission begins work: What it means for salaries, allowances and pensions

Assam Chief Minister Himanta Biswa Sarma has said the state’s 8th pay commission has started work, with revised salaries for government employees to be considered after the panel submits its report. The commission was established in January, making Assam the first state or Union Territory to constitute its 8th state-level pay commission. Sarma had announced…

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Invesco MF’s Summit SIF launches long-short fund: Key details

Invesco Mutual Fund’s Summit SIF has launched the Summit Active Asset Allocator Long-Short Fund, an investment strategy that will seek to capture arbitrage opportunities across equity, debt, derivatives, infrastructure investment trusts (InvITs) and commodities. The new fund offer (NFO) opened for subscription on October 12 and will close on October 26. The fund will follow…

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Gold loan securitisation rises 1.5 times in first half of FY27; overall volumes hit all-time high: ICRA

Gold loan securitisation volumes rose around 1.5 times year-on-year in the first half of FY27, leading growth across asset classes as India’s overall securitisation market recorded its highest-ever half-yearly volume of ₹1.47 lakh crore, according to rating agency ICRA. Overall securitisation volumes increased around 42% year-on-year in April-September 2026, ICRA said in a release on…

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