PLANNERS

Barcelona plans to increase its tourist tax to €4 per night from the current €3.25 starting October 2024, aiming to generate €20 million more annually, reports Schengen Visa News. The tax varies by accommodation type: €1.70 for four-star hotels, €2....

NSE’s index services subsidiary, NSE Indices has launched a new thematic index called Nifty India Tourism which will track the performance of stocks in Nifty 500 index representing the travel and tourism theme.

Equity savings schemes are funds that belong to the hybrid category. They invest in a mix of equity, debt and arbitrage opportunities. A scheme in this category invests in equity and debt securities, employing a combination of three investment strat...

Inflation impacts stakeholders like companies, investors, and the economy. Central banks manage inflation. Real Rate of Return is crucial for investment performance.

For example, an investor with a SIP of ₹10,000 in the BSE Sensex TRI (Total Returns Index) after 25 years would reach ₹2.71 crore. However, an annual top-up of ₹1,000 on the monthly SIP of ₹10,000 would grow to ₹4.26 crore, while an annual top-up of...

Experienced equity mutual fund investors can consider allocating to Aditya Birla Sun Life Quant Fund NFO managed by Harish Krishnan. New investors should stick to diversified equity mutual funds. The NFO closes on June 24 with a 0.5% exit load.

It is difficult for any investor to predict when equity will go up or when it could correct. There could be many factors affecting it. So when equities go down, and all your money is in it, you will be hit hard. However, if some part of it is alloca...

Bags packed and nowhere to go? Let AI lead the way. Travellers are increasingly using smart technology to plan their perfect holiday!

Thematic funds are a category of equity funds which invest at least 80% of total assets in stocks of a particular theme. Some popular themes launched by fund houses in the last few years are public sector undertakings (PSU), infrastructure, MNC, bus...

Covid-induced lockdowns, which spared millions of ordinary officegoers the daily commute and spawned a loyal army of equity investors, appear to have drastically altered the asset-class mix of household savings in India.

Globalisation, urbanisation, and technology have impacted the Indian lifestyle, blending tradition with modernity. The anticipated growth in Indian household wealth underscores the need for effective investment planning and wealth management.

PV Subramanyam advises investors to focus on long-term investment strategies, considering market cues cautiously and diversifying portfolios to mitigate risks. He says that we ne need to be careful that the market can go down. The big bosses are tal...

Easy Trip Planners Ltd signed a letter of intent at 'ONDC Startup Mahotsav' to join ONDC, in support of India's digital commerce transformation. The collaboration aligns with the company's vision of being nation-first and contributing to India's dig...

Some wealth managers said high-pitch advertising and marketing by fund houses and distributors along with strong returns from equity schemes have led to strong money flows into NFOs. Many investors used the new fund to diversify their existing portf...

A study by Whiteoak Capital Mutual Fund for the last 19 years shows that an investor who started an SIP in a mid-cap or small-cap index fund in April 2005 and stuck to the category for 19 years earned higher returns than an investor who changed the ...

Borrow against equity or hybrid mutual fund units for immediate liquidity at 9-11% interest rates. Advantages include short-term monetary support without selling units, maintaining financial plan, and quick capital raise. Apply online through NBFC w...

The Chief of Army Staff of Pakistan, General Syed Asim Munir, has strongly condemned the attacks on military establishments that occurred on May 9, 2023, calling it a 'dark chapter in our history.' He emphasized that there can be no compromise with ...

The new ETF offering by Mirae is currently open and closes on May 17, while its Fund of Fund option will open from May 10 to 24. The Fund of Fund (FoF), which will invest in the ETF, is suitable for investors preferring systematic investment plans (...

The NFO of HDFC Manufacturing Fund, managed by Rakesh Sethia, is currently open and closes on May 10. Investors can start with ₹100 in this fund, and the scheme will be benchmarked to the Nifty India Manufacturing TRI Index. An exit load of 1% will ...