Little Pepe (LILPEPE) presale is gaining traction, raising $2,525,000 after stage 3 sold out. The meme coin attracts investors with its Layer-2 blockchain, anti-bot technology, and a $777,000 giveaway. With exchange listings planned and a positive audit, analysts predict a significant price surge, making it a compelling crypto investment.

Bajaj Allianz Life launches a ULIP-based NFONifty 500 Multifactor 50 Index Fundtracking a rules-based index using Momentum, Quality, Value, and Low Volatility factors. Open till July 14, it offers systematic equity exposure with life cover for long-term wealth creation.

Groww Mutual Fund launches two passive NFOsthe Groww Nifty 50 ETF and Index Fundtracking the Nifty 50 TRI. Open for subscription from July 216, both offer low-cost, diversified exposure to Indias top 50 companies using proprietary SPEARTech technology.

Attention, railway passengers! : The Ministry of Railways on Monday announced a marginal increase in passenger train fares to streamline fare structures and improve the financial viability of rail services.

Sundaram Mutual Fund's Multi-Factor Fund NFO opens July 2, aiming for long-term capital growth via a rule-based strategy using factors like Quality, Growth, Momentum, and Value. The fund offers diversification, quarterly rebalancing, and targets superior risk-adjusted returns.

360 ONE Asset Management has launched the 360 ONE Overnight Fund, an open-ended debt scheme for short-term surplus management. Open till July 9, it invests in overnight securities, offering high liquidity, low risk, and no exit load.

The Income Tax Department acknowledged a Chartered Accountant's social media post. The post discussed the current income tax scrutiny process. It highlighted transparency and accountability measures. These measures include limited case selection and DIN-based notices. The faceless assessment system and taxpayer safeguards were also mentioned. Taxpayers get opportunities to present their cases. High-Pitched Assessment Committees are available for appeals.

Around 11 mutual fund NFOs are open for subscription, including three from JioBlackRock and eight from other fund houses. Active NFOs include JioBlackRock Liquid, Money Market, and Overnight Funds, TRUSTMF Multi Cap, and ICICI Pru Nifty Private Bank Index Fund. Upcoming launches this week feature funds from Nippon India, Sundaram, Groww, Invesco India, and JM Financial.

The deadline for submitting ITR for FY 2024-25 is September 15, 2025 and this means eligible taxpayers should claim eligible certain tax deductions under the old tax regime. Some common tax deductions are available under sections 80D, 80C, 80TTA, 80TTB. These include health insurance premiums, EPF, PPF, ELSS, and savings account interest. Read below to know more.

ICICI Prudential launches a Nifty Private Bank Index Fund, offering low-cost exposure to top private banks driving Indias growth. The passive fund, open till July 14, suits investors seeking SIP/STP flexibility, strong fundamentals, and long-term potential in banking.

JioBlackRock Liquid Fund is a short-term open-ended scheme investing in debt and money market instruments, offering high liquidity, no exit load after 7 days, and expert risk-managed returns with an [ICRA]A1+mfs rating.

The Reserve Bank of India has announced the premature redemption price for Sovereign Gold Bonds (SGB) 2017-18 Series-XIV and SGB 2018-19 Series-IV, due today, July 1, 2025.

Jio BlackRock Mutual Fund introduces JioBlackRock Overnight Fund. Subscription is open until July 2. This scheme aims to generate regular income through debt and money market instruments. It is benchmarked against the Nifty 1D Rate Index. Minimum investment is Rs 500. Exit load is nil. Other funds like liquid fund and money market fund are also launched.

RBI Floating Rate Savings Bonds will continue offering 8.05% interest from July to December 2025. These bonds are linked to National Savings Certificate rates, offering 0.35% higher interest. Interest is paid semi-annually on January 1 and July 1, subject to tax and TDS if exceeding Rs 10,000 annually.

Market experts suggest a multi-asset strategy for investors due to geopolitical tensions and inflation. Viraj Gandhi of SAMCO Mutual Fund highlights the benefits of diversification across equity, debt, and commodities. Chethan Shenoy from Anand Rathi Wealth advises investors to manage asset allocation at the portfolio level. Multi-asset funds saw inflows of Rs 11,054 crore this year.

ETMutualFunds launched its recommended mutual fund portfolios to invest through SIPs in October 2016. Since then, we have been closely monitoring the schemes in these portfolios and coming up with updates on them regularly. We also inform our readers about poorly performing schemes and replacements for them. The schemes in these ready made portfolios are selected based on our in-house methodology mentioned at the end of this article.

As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

Asian markets showed caution due to worries about President Trump's tariffs. Nikkei-225 in Japan experienced a dip. Trump threatened new tariffs on Japan, citing trade issues. The European Union is open to a tariff accord with exemptions. The US jobs report is expected soon. The Federal Reserve may consider rate cuts if the labor market weakens.

Latest PPF, NSC interest rates: The PPF, NSC, SCSS and other post office schemes interest rates have been announced for the second quarter of FY 2025-26, i.e., between July 1, 2025, and September 30, 2025. Check how much you will earn on your small savings investments going forward.

Farmers are anticipating the 20th PM-Kisan installment, expected in early July 2025. Beneficiaries must ensure their names match Aadhaar records to avoid payment delays. The government facilitates name corrections through face authentication via the PM-Kisan Mobile App or bio-authentication at CSC centers, urging farmers to verify their status and complete eKYC.

Amid market volatility, investors over 60 considering liquid funds should note that switching mutual funds triggers capital gains tax. Long-term capital gains from equity funds exceeding 1.25 lakh are taxed at 12.5%. Phased redemptions and Systematic Transfer Plans can help minimize tax impact, and consulting a CA is advisable for personalized tax planning.

Updating your Aadhaar-linked mobile number is crucial for accessing essential services and ensuring secure transactions through OTP verification. While online updates aren't possible due to biometric requirements, individuals can book appointments at Aadhaar Seva Kendras for mobile number updates along with other services.

The 30-share BSE Sensex closed down 452.44 points at 83606.46

Mumbai's real estate market achieves a record-breaking performance in the first half of 2025, with property registrations reaching 75,672 units, a 4% increase year-on-year. Revenue collections surge to Rs 6,699 crore, driven by high-value properties and strategic policy timing. Despite a dip in overall MMR housing sales, Mumbai's resilience is evident in its strong registration activity and evolving sophistication.

Bitcoin's projected surge to $115,000 by mid-2025 is expected to catalyze growth across the cryptocurrency market, benefiting both established and emerging tokens. Little Pepe ($LILPEPE) leads a list of promising altcoins, including Mantle, Ethena, and Kaspa, poised to capitalize on this bullish trend.

German Green Steel and Power filed for a Rs 450 crore IPO to fund expansion, repay debt, and support operations. The Gujarat-based firm focuses on TMT bars and renewable energy integration, with strong financial growth and brand presence.

Top multi-cap funds with highest mid and small cap exposure include Nippon India (71.7%), DSP (66%), Samco (58.8%), LIC (58.4%), and Groww (57.4%) as of May 31, 2025.

Over the last five years, 11 equity mutual funds have multiplied lumpsum investments by over 4.3 times, led by small-cap funds like Quant Small Cap and Nippon India Small Cap. The top performers delivered CAGRs above 33%, highlighting strong long-term gains. Investors should align choices with goals and risk appetite.

Recent social media posts claimed that the Centre planned to tax water usage for farming. The Union Government has denied these claims. The Ministry of Jal Shakti called the reports inaccurate. PIB Fact Check confirmed the claim is false. The confusion arose from misinterpreting the M-CADWM scheme. The ministry clarified that agriculture and water are state subjects.

JioBlackRock Mutual Fund has launched NFOs for three debt funds: Liquid Fund, Money Market Fund, and Overnight Fund, all open for subscription until July 2nd. These direct-plan schemes offer growth options with a minimum investment of Rs 500.

Jio BlackRock Mutual Fund has launched the Jio BlackRock Money Market Fund, now open for subscription until July 2. The scheme aims to generate regular income by investing in money market instruments with maturities up to one year. Its an open-ended debt fund offering relatively low interest rate risk and moderate credit risk, appealing to investors seeking short-term stability and income.

Quality investing is gaining traction amid market challenges. The Nifty 200 Quality 30 index offers exposure to financially strong companies. It uses metrics like Returns on Equity and Earnings Growth. Factor-based strategies can improve portfolio returns. Tactical allocation and long-term capital appreciation are key benefits. A rules-based framework and lower costs make it attractive.

If you are planning to invest for three to five years, but dont want to take a call on interest rates, you can bet on dynamic bond funds. Kotak Dynamic Bond Fund, one of the recommended schemes, has been in the third quartile for the last 13 months. ICICI Prudential All Seasons Bond Fund has been in the second quartile for the last 13 months. Please follow our monthly updates to keep track of your investments.

Indian stock market shows positive trends. BSE Sensex rises significantly since April. Experts suggest investments in flexi-cap and large & mid-cap funds. They also advise diversifying with short-duration debt, equity arbitrage, gold, or multi-asset funds. Investors nearing their goals may consider booking profits. Long-term investors should continue SIPs. Rebalancing portfolios at fixed intervals is recommended, irrespective of market movements.

Bank of Baroda has launched bob Flexi Systematic Deposit Plan (SDP), a recurring deposit scheme designed for disciplined savings with flexible monthly contributions. Customers can start with a minimum of Rs 500 and increase deposits up to 10 times the base instalment, capped at Rs 1 lakh monthly.

The healthcare sector, particularly pharmaceuticals and hospitals, have demonstrated strong performance in the March 2025 quarter, with revenue growth exceeding that of Nifty 500 companies. Even though the pharmaceutical segment faces challenges in the short-run, due to potential US tariffs and other factors, long-term prospects remain positive. There has been growth in the hospital sector as well, fueled by rising lifestyle diseases and increased healthcare accessibility.

With India ranking third in UHNI additions, family offices have grown from 45 to 300 in six years, evolving beyond traditional investing to focus on legacy planning and multi-generational wealth preservation, Umang Papneja, CEO, Julius Baer India, tells ET Wealth

Your Employee Provident Fund withdrawals can face rejection due to discrepancies in contributions and employment records cause issues. Missing or delayed payments by employers create problems for employees. Hence, employees should regularly monitor their EPF accounts, and must report discrepancies to employers and the EPFO. You can track your EPF contributions through UMANG app.

As India embraces sports as a viable career, parents are increasingly willing to invest in their children's athletic pursuits. However, the journey is fraught with financial challenges, from escalating training costs to the need for a backup plan. Your child's sporting dream could quickly become a financial nightmare if not planned for beforehand, thanks to steep, upfront training costs.