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Bank of Maharashtra joins hands with SBI Card to launch credit card in 3 variants
Credit cards: The partnership aims to provide enhanced value and convenience, catering to the diverse lifestyle and evolving needs of the customers across the country
EPFO: Different forms you need to fill for various applications check details
EPFO: As the Composite Claim Form (Aadhaar) is applicable in cases where a members complete details in Form-11 (New), Aadhaar number and bank account details are available on the UAN Portal, and UAN has been activated.
Sebi reforms to give investment advisers a boost. But more needs to be done
Association of registered investment advisers chief Renu Maheshwari says two recommendations have not been included in the consultation paper but deserve utmost attention: an advertisement code and ways fees are collected
How can I file a tax return and claim a TDS refund on behalf of a deceased parent?
The process involves two major steps: obtaining proof that you are the legal heir, and registering yourself on the income tax e-filing portal as their authorised representative.
Lost your credit card? Heres how to prevent fraud and protect your money
Acting quickly after losing a credit card helps prevent fraud by blocking the card, filing a police report, monitoring transactions, setting alerts and following safety measures to protect finances and identity.
Income Tax: What is an updated I-T return? All you need to know
Income Tax: The government introduced a new scheme in 2022 which permitted all taxpayers to file an updated return within 24 months from the end of the relevant assessment year. This was later extended to 48 months
Loan borrower abducts child to repay the loan. 3 money lessons one can learn
Although most borrowers would not resort to this sort of criminal behaviour to pay off their debts, but you could learn some money lessons from the extreme reaction of a person under debt trap
How to fix errors in your credit report and improve your credit score? Here are 6 key ways
Fixing errors in your credit report is essential for improving your credit score, ensuring accurate financial records, enhancing loan approval chances, and unlocking better credit opportunities with simple corrective steps.
Value and momentum mutual funds continue to perform consistently: Report
In mutual fund categories such as largecap, midcap, ELSS, contra/value, large & midcap, and aggressive hybrid, funds favouring value investment style have emerged as consistent performers, while in smallcap and flexicap categories, funds high on momentum style were among the top performers, according to Share.Markets CRISP Mutual Funds Scorecard (second edition).
The tax-saving hack for stock investors: Open a second demat account
Tax implications can turn a profitable trade into a financial headache, especially with FIFO rules. This article helps you navigate these complexities effectively by using a second demat account.
7 mutual funds trim exposure in 20 stocks from their portfolio in July
7 mutual funds trimmed stakes in nearly 20 stocks during July, including Reliance, Axis Bank, ICICI Bank, and Sun Pharma, as part of active portfolio management to optimize returns.
Baroda BNP Paribas Aggressive Hybrid Fund turns Rs 10,000 SIP to nearly Rs 18 lakh in 8 years
Baroda BNP Paribas Aggressive Hybrid Fund, celebrating its 8th anniversary, has turned Rs 10,000 monthly SIPs into Rs 18.38 lakh over 8 years. With Rs 1,200 crore AUM, 13.05% CAGR, and a strong Sharpe ratio, the fund blends equity and debt to deliver consistent, risk-optimised long-term returns.
Over 40 and worried about losing your job? Here's how to cushion the blow.
As companies announce mass layoffs, estimates suggest mid- and senior-level executives are among the worst affected.
Why credit scores should be part of Indias financial literacy curriculum
Credit plays a vital role in purchasing goods like phones and cars, allowing for manageable payments over time. However, understanding loans and credit scores is crucial to avoid future financial pitfalls.
PPFAS Mutual Fund strategically adjusted its portfolio in July, increasing its stake in Jio Financial Services and 30 other stocks, while reducing its holdings in Reliance Industries and 38 others. New entrants included PB Fintech and HDFC Life Insurance, while exiting completely from 16 stocks like BSE. The fund house's AUM rose to Rs 1.
Best arbitrage mutual funds to invest in August 2025
Arbitrage funds are taxed like equity mutual funds. This means they qualify for long term capital gains tax of 12.5% if investments are held for more than a year. If investments are for less than a year, short term capital gains tax of 20% will be applicable.
Why is it important to review your credit report from time to time? An explainer
Credit score: As your financial behaviour changes, there is a positive or negative impact on your credit report with time
Credit Cards: Why is this okay to keep more than one card? An explainer
It is quite common for the card holders to keep two or more credit cards to expand credit limit without compromising credit score
M&M Share Price Live Updates: M&M's beta value highlights risk profile
ONGC Share Price Live Updates: ONGC maintains a balanced market profile
JSW Steel Share Price Live Updates: JSW Steel's Beta Suggests Higher Market Risk
Wipro Share Price Live Updates: Wipro's beta highlights risk management
Can staggered investments in Nifty IT ETFs lead to long-term gains?
Despite recent underperformance, wealth managers suggest high-risk investors consider the Nifty IT Index Fund or ETF, staggering investments over 2-3 months. Factors like a high margin of safety, attractive dividend yield, rupee depreciation, and potential easing of tariff concerns create an opportunity. The IT index has fallen significantly, presenting a potential upside with limited downside.
Filed your ITR? Here's how to get a copy of your income tax return online
ITR filing 2025: Here's a step-wise guide on what to do if you have filed your income tax returns this year, and want to receive an online copy of the same.
GIFT City and FinTechs Fuel Indias Next Wave of Global Investment
Indian investors are shifting focus to global options for diversification and protection against a depreciating rupee. The recent 'Mint Horizons' masterclass in Ahmedabad highlighted the role of GIFT City as a gateway for outbound capital and discussed strategies for building global portfolios.
Best Mutual Funds: These ELSS schemes gave over 20% annualised returns in past 5 years
ELSS mutual funds invest at least 80 per cent in stocks in accordance with the Equity Linked Saving Scheme, 2005, as notified by the Ministry of Finance.
Income Tax: Taxpayers need to use right ITR form to file returns. Here's how to choose it
ITR 2025: Salaried persons are supposed to use either ITR-1 or ITR-2 for filing their income tax returns. Here is how to find out which tax form is relevant for you.
Tata AIA Life Insurance launches Momentum 50 Index Fund
Tata AIA Life Insurance has launched the Tata AIA Momentum 50 Index Fund, an NFO open till August 25. Benchmarking BSE 500 Momentum 50, it offers equity growth opportunities alongside life cover, targeting long-term wealth creation and financial protection.
Motilal Oswal Mutual Fund: Coforge and Trent among top 10 stock holdings in July
The fund house, with AUM of 1.25 lakh crore, revealed top holdings in July. Key allocations include Dixon Technologies, Coforge, Kalyan Jewellers, Persistent Systems, Trent, Polycab India, Paytm, Kaynes Tech, CG Power, and Max Healthcare, with notable portfolio weight shifts.
Capital Infra, Khadim among 3 stocks from which mutual funds exited in July
Mutual funds fully exited Capital Infra Trust, Khadim India, and Visaka Industries in July, offloading shares worth over 124 crore, while simultaneously adding 15 new stocks to their portfolios.
Highest FD interest rates 2025: These 6 banks lead for long-tenure fixed deposits
FD interest rates: HDFC Bank offers 6.4 percent to regular citizens and 6.9 percent to senior citizens over a five-year period.
3 mutual funds made complete exit from 6 midcap stocks from their portfolio in July
Have a joint account with a spouse or parent? Do this to avoid tax trouble.
Joint bank accounts are useful but can also create tax headaches unless handled carefully.
Income tax scam calls: How to detect and report in FY 2024-25
Income tax scam calls, emails and messages are rising, making it crucial for taxpayers to detect fraud, stay vigilant, and report scams through official channels.
ITR filing: What is AIS and how it helps you file your income tax return accurately
ITR filing: Filing an Income Tax Return (ITR) is crucial for Indian taxpayers to report income and claim deductions. The Annual Information Statement (AIS) provides essential details about income and transactions, aiding in tax compliance.
Franklin India Corporate Debt Fund completed 28 years with Rs 1,000 crore AUM, delivering 8.56% CAGR since inception. Focused on AAA-rated debt, it offers conservative investors stability, diversification, and steady income through disciplined fixed-income management.
As an NRI, do I need to file a tax return for Indian mutual fund capital gains?
Is it true that if TDS applied on capital gains, I dont have to file a tax return in India?
ITR Filing: What if my income tax return is verified but not processed? Here's what to do next
The ITR deadline in India has been extended to 15 September. After filing and verifying returns, processing times can vary widely. Here's what to do next if you have verified your ITR but it is not processed.
Rs 10,200 crore bet! SBI becomes top pick of mutual funds in July
Mutual funds bought Rs 45,400 crore worth of stocks in July, with State Bank of India emerging as the top pick at Rs 10,200 crore. IT giants Infosys and TCS saw inflows of Rs 9,400 crore, while Anthem Bio and HCL Technologies also attracted significant investments.
PPFAS Mutual Fund announces appointment of Tejas Soman as CIO - Debt
PPFAS Mutual Fund has appointed Tejas Soman as its Chief Investment Officer - Debt, aiming to bolster its fixed income capabilities. Soman brings over 12 years of experience from SBI Funds Management and other financial institutions. His expertise will be crucial in developing thoughtful debt strategies and enhancing the fund house's offerings in the fixed income segment.
6 common credit card mistakes that lead to debt and how to avoid them
Credit card mistakes such as overspending, late payments, and cash withdrawals often lead to costly debt. Acknowledging key pitfalls and practising disciplined repayment helps maintain a strong credit score and financial stability.
What happens to your credit score if you close an unused credit card
Reasons why customers close credit cards include high annual fees, rewards program devaluation, withdrawal of some features, the credit limit is low, etc. Closing old credit cards increases the credit utilisation ratio and reduces the credit history length, impacting the credit score negatively.
NPS equity funds offer up to 17% returns over 3 years. Heres detailed breakup
The National Pension System (NPS), which helps investors save tax in multiple ways, has delivered strong returns over the past three years.
Why the Married Womens Property Act is an underused financial safeguard
The MWPA allows a married man to take a life insurance policy and designate the proceeds solely to his wife and/or children - no one else can take it.
60 equity mutual funds turn Rs 10,000 SIP to over Rs 1 crore in 2 decades
An analysis by ETMutualFunds reveals that approximately 60 equity mutual funds have transformed monthly SIP investments of 10,000 into over 2 crore in the past two decades. Canara Rob Large and Mid Cap Fund leads, turning 10,000 into 1.89 crore.
New income tax bill 2025 would lead to more litigations, says Dr Saumya Aggarwal of SRCC
She believes that the complications would continue until both the tax regimes (old and new) are merged. She also recommends restoring a few tax deductions in the new tax regime to mobilise savings among themiddle class taxpayers.
Why are SIPs the best way to get exposure to mutual funds? An explainer
Mutual fund investors are recommended to invest money in regular intervals i.e. monthly or quarterly.
Best aggressive hybrid mutual funds to invest in August 2025
As per Sebi norms, aggressive hybrd mutual funds must invest 65-80% in stocks, and 20-35% in debt. This mixed portfolio helps to deal with the market volatility better. When the equity market is in turmoil, the debt part of the portfolio softens the blow. This helps new investors to continue with their investments without worrying too much about volatility.
Bharti Airtel Share Price Live Updates: Analyzing Bharti Airtel's 3-Month Returns
What RWA and flat owners need to know about fire insurance
Typically, RWAs limit coverage to the building structure, as content value varies across flats. Flat owners can purchase a separate policy to cover the contents of their homes.
Can RBIs floating-rate bond improve your debt returns?
The bond offers an 8.05% interest rate and sovereign backing, but cannot be traded or sold on any exchange.
How the proposed GST reforms will leave more money in your wallet
The governments new blueprint, GST 2.0, now being considered by a group of ministers (GoM), rests on three big goals: simplifying tax rates; fixing structural issues; and making life easier for both businesses and consumers
7 mutual funds added 14 new smallcap stocks in their portfolios in July
In July, seven mutual funds added 14 small-cap stocks to their portfolios to actively manage holdings. HDFC, SBI, Kotak, Axis, Nippon India, Quant, and ICICI Prudential made selective additions, highlighting a cautious strategy aimed at capturing growth opportunities in emerging small-cap companies while balancing risk across their portfolios.
Only one NFO from Trust Mutual Fund will open for subscription this week
Only one NFO is set to open for subscription this week, coming from Trust Mutual Fund. The launch highlights a relatively quiet phase in the mutual fund space, offering investors a fresh option to explore.
Debt mutual funds witnessed a sharp recovery in July 2025 with inflows of Rs 1.06 lakh crore, led by money market and liquid funds. AUM surged to Rs 18.76 lakh crore, marking one of FY25s strongest months. Investor preference remains skewed towards short-duration instruments amid rate uncertainty.
Chinas $11 trillion stock market is a headache for both Xi and Trump
At the heart of why consumers in China save so much and spend so little, and why Xi Jinping and Donald Trump will struggle to change that behavior even if they want to, lies the countrys stock market.
4 mutual fund houses saw increase in their AUM by over Rs 10,000 crore in July
Mutual fund AUM surged in July 2025, rising by Rs 1.31 lakh crore to Rs 77.72 lakh crore. ICICI Prudential, HDFC, Kotak, and Aditya Birla Sun Life led with inflows exceeding Rs 10,000 crore each. JioBlackRock debuted with Rs 17,902 crore, further boosting overall industry growth.
EPFO Aadhaar UAN linking - What are the latest changes? All you need to know
The EPFO has introduced new rules for over 27 crore users to link Aadhaar with their UAN, aiming to simplify access to provident fund services and reduce paperwork.
Mirae Asset Mutual Fund: Infosys and RIL among top 10 stock holdings in July
A leading fund house with Rs 2.13 lakh crore AUM as of July 2025 revealed its top 10 holdings, led by HDFC Bank, ICICI Bank, Infosys, Axis Bank, RIL, ITC, SBI, TCS, Bharti Airtel, and L&T.
4 equity mutual funds that saw outflow of over Rs 1,000 crore in July
There were around 683 funds in July 2025, of which 425 funds saw an outflow.
Nifty India Consumption Index: Investing smartly in the spending basket
Indias consumption theme remains structurally strong, supported by demographics, rising incomes, urbanisation, and digitisation. Chintan Haria of ICICI Prudential AMC suggests investors can capture this long-term growth through the Nifty India Consumption Index, which offers diversified exposure across sectors and has consistently delivered competitive returns over time.
7 mutual funds added 12 new midcap stocks in their portfolios in July
Mutual funds add or exit stocks to actively manage their portfolios
AMFI leads economic transformation with 3 decades of building an investor-first India
AMFIs 30-year journey reflects Indias economic transformation, from UTIs monopoly era to a 75 trillion AUM industry today, driven by SIPs, regulation, awareness, and growing retail participation, supporting PM Modis Viksit Bharat 2047 vision.
Best Mutual Funds: These 6 value schemes delivered over 20% annualised returns in past 3 years
Value mutual funds follow a value investment strategy with over 65 per cent investment in stocks. These funds identify stocks that are currently undervalued but are expected to perform well over time, as the value is unlocked.
Income Tax: After ITR-1 to ITR-5, excel utility of ITR-6 also released
Income Tax: It is worth mentioning that offline and online utilities of ITR-3 were released on July 30. Prior to this, online and excel utilities were released for other income tax return forms including ITR-1, ITR-2 and ITR-4.
Sebis AIF rule changes give fund managers more timebut add new challenges
New Sebi amendments allow Alternate Investment Funds to manage unliquidated assets within existing schemes and extend liquidation timelines, but transparency, valuation, and investor exit hurdles remain.
Independence Day: To get freedom from volatility, explore THESE 6 investment options
Investors can choose safe investing options including fixed deposits, post office deposits, National Saving Certificate (NSC), public provident fund and debt mutual funds
Independence Day 2025: SBI rolls out collateral free loans for up to 4 lakh for Agniveers
Under this loan scheme, Agniveers with a salary account at SBI can avail loans up to 4 lakh without any collateral and with a complete waiver of processing fee
Independence Day 2025: We chased the British out. Now EMIs are chasing us
The average per-capita debt of individual borrowers has jumped from 3.9 lakh in March 2023 to 4.8 lakh by March 2025, the highest in our history.
SBI Mutual Fund: HDFC Bank and ITC among top 10 stock holdings in July
SBI Mutual Fund, Indias largest with 11.97 lakh crore in assets, kept HDFC Bank as its top holding in July, followed by ICICI Bank. Reliance Industries saw a slight reduction in weight, while SBIs allocation rose, reflecting selective portfolio adjustments during the month.
Top 5 mid-cap mutual funds to invest in August 2025
ETMutualFunds has shortlisted top mid-cap mutual funds based on consistent returns, downside risk, and asset size. Axis, PGIM India, Invesco India, and Kotak Midcap Funds have offered substantial returns in the last three years. Investors with high risk tolerance and a long-term horizon of seven to ten years should consider mid-cap funds.
Why Shilpa Shetty and Raj Kundra took loan-cum-investment for now-defunct company
Personal loan: A case has been filed against Shilpa Shetty and Raj Kundra for allegedly duping a businessman of 60.4 crore in a loan-cum-investment deal.
ITR 2025: Some taxpayers complained that they were unable to download AIS and TIS on Tuesday. The income tax filing portal was reportedly slow on Wednesday as well.
ITR Filing: Zero income tax on earnings of 20 lakh! Is it legal? Reddit post sparks debate
ITR Filing: Under Section 44ADA, if any specified professional has the gross receipts of 20 lakh, they must declare income equal to either 50% of their gross receipts or their actual income, whichever is higher.
8 equity mutual funds offer over 15% return in 6 months. Are there any included in your portfolio?
Eight equity mutual funds outperformed with over 15% returns in the last six months, led by Invesco India Midcap Fund at 20.63%. Other strong performers included Canara Robeco, Helios, HSBC, and Mirae Asset funds, reflecting broad-based market gains.
5 mutual funds had over Rs 10,000 crore cash in their portfolio in July
Mutual funds increased cash holdings by 2,884 crore in July to 2.06 lakh crore, reversing two months of cuts. PPFAS led with 21.36% allocation, while SBI MF topped in absolute terms at 34,592 crore.
SBI Life Insurance launches SBI Life - Smart Shield Plus. Details here
SBI Life Insurance has introduced Smart Shield Plus, a flexible term insurance plan offering three coverage options, milestone-based enhancements, and additional riders. With coverage up to 100 years and multiple payout choices, the scheme aims to meet evolving protection needs through both physical and digital channels.
Sundaram Finance Holdings among top 3 unique stocks held by MFs in July
In July, 235 unique stocks were held by only one fund house. Of these, 42 had market values between Rs 10.26 crore and Rs 98.02 crore, while three exceeded Rs 100 crore.
Edelweiss Mutual Fund limits subscription in its 7 international funds
Edelweiss Mutual Fund will restrict subscriptions in seven international schemes to Rs 1 lakh per PAN per day from August 19, citing limited overseas investment headroom. The cap applies to lumpsum, switch-ins, SIPs, and STPs, while existing systematic transactions remain unaffected.
India's quasi-wealth fund seeks to double assets to $10 billion in next 30 months
National Investment & Infrastructure Fund plans to expand its assets. The fund targets $10 billion in the next 30 months. This growth is driven by urban infrastructure demand. Global investors support the fund. They aim to bridge the funding gap in infrastructure. The fund is raising $4.5 billion for infrastructure and private markets. They anticipate new investors from various countries.
HDFC Bank and RIL among 10 stocks owned by over 500 mutual funds in July
Top 10 stocks held by over 500 mutual fund schemes in July include HDFC Bank, ICICI Bank, Bharti Airtel, Infosys, Reliance, SBI, L&T, Axis Bank, Kotak Mahindra, and Mahindra & Mahindra.
These mutual funds made complete exit from 11 smallcap stocks in July. Do you own any?
Mutual funds buy and sell stocks to actively manage their portfolio and generate good returns. Here is a detailed breakup, according to a report by Nuvama Institutional Equities.
In July, HDFC Defence Fund strategically increased its stake in Bharat Dynamics, Bharat Forge, Data Patterns (India), and Astra Microwave Products, while reducing exposure in five other stocks including BEML and JNK India. The fund introduced Cummins India to its portfolio and fully exited Bansal Wire Industries.
Best value funds to invest in August 2025
alue investors buy such stocks and wait for the market to discover these stocks. When the discovery happens, the stock prices will go up, and value investors make money. It may sound simple. But it is not very easy to execute. The market may take very long to discover these stocks and it may test your patience. The discovery may not happen at all. That is why value mutual funds are recommended to only sophisticated investors.
What happens if you default on your personal loan and it becomes an NPA?
Any delay in EMI repayment leads to personal loan categorisation in SMA or NPA. The delay hits the credit score and invites legal action from the bank for loan recovery.
Mutual funds buy select financials, IT and consumption stocks
In July, mutual funds strategically purchased specific financial, IT, and consumer stocks. Fueled by record inflows, they invested in banks like SBI and Kotak Mahindra Bank, plus NBFCs such as LIC Housing Finance and Manappuram Finance. Consumer giants Avenue Supermarts and Trent also saw increased investment. Profit-taking occurred in HDFC Bank and Sun Pharma.
How much time does it take to double your money? Rule of 72 explains
For most investors, amassing wealth to meet goals is important, be it increasing your net worth, creating a good retirement, education or wedding fund. We explain a simple do-it-yourself (DIY) rule of thumb known as the Rule of 72.
The government pays DA and arrears a cost-of-living adjustment to its employees and pensioners to offset the impact of inflation. DA is usually given twice a year to employees, while DR or Dearness Relief is paid to pensioners.
What is F.I.R.E? Can F.I.R.E really help you retire early? 4 reasons it may not work for you
F.I.R.E stands for Financial Independence, Retire Early. This principle is all about achieving true financial freedom well before the usual retirement age. But does it work for all?
Few investors are willing to pay for professional advice. Here's what they're missing.
IT professional Vishal Sharma's porfolio was a mess before he met registered investment advisor Nitin Sawant in 2014. More than a decade later, he credits Sawant not only with growing his wealth but keeping him financially disciplined.
