Breaking News Archives - Page 125 of 133

01 Apr

Good Returns: Flexi cap Mutual Fund grew Rs 700 SIP to Rs 1.36 crore in 30 years

MFNewsBreaking News, Mutual Funds, Opinions

#FlexicapMutualFund Mumbai: As of late February 2025, the HDFC Flexi Cap Fund's investment portfolio allocated 88.37% to equity, 7.88% to cash and cash equivalents, 2.95% to real estate, and 0.8% to debt. As of late February 2025, the HDFC Flexi Cap Fund's investment portfolio allocated 88.37% to equity, 7.88% to cash and cash equivalents, 2.95% to real estate, and 0.8% to debt. HDFC Flexi Cap Fund, managed by HDFC Asset Management Company, was launched in January 1995 and has shown significant growth over the years. As of February 28, 2025, the fund's assets under management (AUM) reached Rs 64,124 crore,…

01 Apr

March GST collections: 11-month high of Rs 1.96 lakh crore

MFNewsBreaking News, Business, Opinions

#IndiaGSTcollections Gross GST collections were about Rs 1.84 lakh crore in February New Delhi: Indian economy performed well in the fourth quarter of the fiscal FY25 (2024-25), with GST collections recording a 10 percent rise to Rs 1.96 lakh crore in March compared with Rs 1.84 lakh crore in the previous month. March marks the 13th consecutive month of over Rs 1.7 lakh crore of collections. For the quarter, GST collections at Rs 5.8 lakh crore were 10.4 percent higher compared with the similar period during the previous year.Net GST collections for March, after discounting the refunds, were also 7.6…

01 Apr

IREDA’s Loan Sanctions Rise 27% to ₹47,453 Crore

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Loan Book Expands 28% to ₹76,250 Crore in FY 2024-25 New Delhi: Indian Renewable Energy Development Agency Limited (IREDA) today reported significant growth in its financial performance for the fiscal year ending March 31, 2025, as per provisional data. Loan sanctions for FY 2024-25 stood at ₹47,453 crore, marking a 27% increase from ₹37,354 crore in the previous year. Loan disbursements rose by 20% to ₹30,168 crore, compared to ₹25,089 crore in FY 2023-24. The outstanding loan book also expanded by 28%, reaching ₹76,250 crore as of March 31, 2025, up from ₹59,698 crore in the previous year. Shri Pradip…

31 Mar

Vanguard Total Stock Market Index fund, which created $1.15 trillion in Value for Investors

MFNewsBreaking News, Business, Mutual Funds, Shares

#VanguardTotalStockMarketIndexfund #Vanguard$1.15trillionforInvestors NewYork: The basic job of a mutual fund is to take investors’ dollars and turn them into more dollars. The funds that have proved most successful have key things in common—they are large, low cost, and diversified—finds a Morningstar study. That may come as no surprise to fans of index funds, which tend to be designed with those features in mind. Plenty of active funds, including favorites like Growth Fund of America and Fidelity Contrafund, are also top performers, Morningstar found. which funds increased their assets under management the most in the 10 years ended in 2024, while factoring…

31 Mar

Gold prices hit all-time high Due to US tariff concerns globally

MFNewsBreaking News, Opinions

#GoldpricesAllTimeHigh New Delhi: Gold prices surged to an all-time high on Monday (March 31), surpassing $3,100 per ounce. Investors flocked to the safe-haven asset as fears of a global trade war escalated. US President Donald Trump’s tariff plans have heightened market uncertainty, fueling the bullion rally. Spot gold climbed 0.6% to $3,103.63 an ounce as of 02:55 GMT. Earlier, it touched a record $3,107.26 per ounce. Gold has gained over 8% in March and surged 18% in Q1 2025. In India, gold prices are also seeing upward trend. On March 31, 24-carat gold was priced at ₹89,330 per 10 grams,…

30 Mar

Top 5 Gold ETFs: Converted Rs 1,25,000 one-time investment into Rs 3,81,354 in 10 Years

MFNewsBrands, Breaking News, Business, Mutual Funds

#Top5GoldETF Mumbai: Golf ETFs are tradable mutual funds in a stock exchange. Investors who don't want to invest in physical gold directly but want to benefit from its price appreciation may invest in gold ETFs. These ETFs represent 99.5 per cent pure physical gold bars. One gold ETF unit is equal to 1 gramme of gold. Unlike physical gold, there are no making charges on gold ETFs, plus their price is the same everywhere. Since these are traded on a stock exchange, an investor needs a demat amount to invest in them. Since they track the price of pure gold, they…

30 Mar

April 1: New mutual fund rules, Stricter NFO timelines, SIF launch

MFNewsBreaking News, Business, Mutual Funds, Shares, Technology

#MutualFundsNFOSIF01April Mumbai: The Securities and Exchange Board of India (SEBI) has introduced a series of new regulations effective from April 1, 2025. These changes impact fund deployment timelines, introduce a new investment product category called Specialised Investment Fund (SIF), and enable DigiLocker integration for investment statements. Stricter Timelines for NFOsSEBI now requires AMCs to deploy funds raised through NFOs within 30 business days of unit allotment. If deployment is delayed, a one-time extension of another 30 business days is allowed with Investment Committee approval. Failure to deploy funds within 60 business days will result in a halt on fresh inflows,…

29 Mar

Rs 2,00,000 crore worth unclaimed assets in India include equity shares, FD, bonds etc.

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Now Nominees Can Now Access Stocks And Mutual Funds Of Deceased Investors Via DigiLocker From April 1 Mumbai: According to media reports, there are Rs 2,00,000 crore worth unclaimed assets in India. These include equity shares, fixed deposits, bonds and other instruments. In most of the situations, where no body claims, the money flows into an investor protection fund. In another major move, the government has introduced a significant benefit for the nominees of deceased investors, allowing them to access the mutual funds and stocks of the deceased. Starting April 1, registered nominees will be able to retrieve information and…

29 Mar

Indian Railways Holds about 4.90 Lakh Hectares of Land as of March 2024

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#IndianRailways4.90LakhHectaresLand Surplus Railway Land Leased for Commercial Development While Retaining Ownership New Delhi: As on 31.03.2024, the total land in possession of Indian Railways is about 4.90 lakh hectares out of which 8812 Ha land has been leased for various purposes. This includes railway land leased/licensed for passenger facilities, cargo related facilities, commercial development, etc. Zone-wise details of total railway land, total leased land are as under: (Figures in hectares) Zonal Railway Total railway Land Total railway land leased/licensed Central 31,476 168 Eastern 21,082 469 East Central 33,644 2,437 East Coast 23,010 273 Northern 46,447 474 North Central 21,149 220…

29 Mar

India-U.S. Agreed to Expand Bilateral Trade to Reach $ 500 Billion by 2030

MFNewsBreaking News, Business, Opinions

#IndiaUSTrade$500Billion2030 India-U.S. Trade Talks in New Delhi Concludes New Delhi: As a follow up to the India-U.S. Joint Statement of 13 February 2025, wherein the two sides agreed to expand bilateral trade to reach $ 500 Billion by 2030, including through the conclusion of a Bilateral Trade Agreement, representatives of India’s Department of Commerce and the Office of the U.S. Trade Representative convened in New Delhi from 26-29 March 2025. In order to realize the shared objective of promoting growth that ensures fairness, national security and job creation, both sides have through four-days of discussions in New Delhi broadly come…