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ICICI Prudential Mutual Fund Reopens Subscriptions for Three Global Schemes After Two-Year Gap
17 Jul

ICICI Prudential Mutual Fund Reopens Subscriptions for Three Global Schemes After Two-Year Gap

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Technology
#ICICIPrudential #MutualFunds #GlobalInvesting #USMarkets #Nasdaq100 #Commodities #EnergyMarkets #PortfolioDiversification #WealthManagement #InvestmentStrategy #PersonalFinance Mumbai: ICICI Prudential Mutual Fund, one of India’s leading asset management companies, has resumed fresh subscriptions in three of its international schemes from Thursday, July 17. The move is expected to provide investors with more options for global diversification at a time when international equities and commodities are drawing renewed interest. The schemes reopened for investments include: ICICI Prudential US Bluechip Equity Fund ICICI Prudential Nasdaq 100 Index Fund ICICI Prudential Strategic Metal and Energy Equity Fund of Funds (FoF) Investors can now allocate money through lumpsum investments, switch-ins,…
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SEBI Proposes Shift to Domestic Spot Prices for Gold and Silver ETF Valuation
17 Jul

SEBI Proposes Shift to Domestic Spot Prices for Gold and Silver ETF Valuation

MFNewsBreaking News, Business, Mutual Funds, Opinions, Technology
#SEBI #GoldETFs #SilverETFs #MutualFunds #ETFs #Investing #GoldInvestment #SilverInvestment #IndianMarkets #FinancialMarkets #WealthManagement #SEBINews #GoldPrice #SilverPrice #DomesticMarkets Mumbai: In a move aimed at bringing more transparency and standardization to the mutual fund industry, the Securities and Exchange Board of India (SEBI) has proposed a significant change in the way gold and silver Exchange Traded Funds (ETFs) are valued. The market regulator has suggested that fund houses should transition from using international bullion prices as the benchmark to adopting domestic spot prices for valuation purposes. Current Practice and Its Challenges Currently, gold and silver ETFs in India use the London Bullion Market Association…
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NPCI International Expands UPI-PayNow Linkage to Drive Cross-Border Remittances Between India and Singapore
16 Jul

NPCI International Expands UPI-PayNow Linkage to Drive Cross-Border Remittances Between India and Singapore

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#UPIPayNow #NPCI #CrossBorderPayments #DigitalPayments #UPI #Fintech #GlobalPayments #Remittances #IndiaSingapore #DigitalBanking #FinancialConnectivity Chandigarh: NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has announced a significant expansion of the UPI-PayNow real-time payment linkage, a move that is set to deepen financial connectivity between India and Singapore. Effective July 17, 2025, the platform will include 13 additional Indian banks, taking the total count of participating banks to 19. This expansion marks a major milestone for cross-border remittances, making the service more accessible, seamless, and convenient for millions of users in both countries. The enhancement is…
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Infibeam Avenues Ltd. Successfully Concludes ₹700 Crore Rights Issue; 1.4x Oversubscription Signals Investor Confidence in AI-Led Strategy
16 Jul

Infibeam Avenues Ltd. Successfully Concludes ₹700 Crore Rights Issue; 1.4x Oversubscription Signals Investor Confidence in AI-Led Strategy

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions, Technology
#InfibeamAvenues #RightsIssue #AI #Fintech #DigitalPayments #UPI #AIInnovation #TechInvesting #CapitalMarkets #PhroneticAI #RediffPay #EdgeComputing #InvestorConfidence #BusinessNews Chandigarh: Infibeam Avenues Ltd. (BSE: 539807 | NSE: INFIBEAM), a leading AI-driven fintech company and digital payments innovator, has successfully closed its ₹700 crore Rights Issue, which concluded on July 11, 2025. The offering witnessed 1.40 times oversubscription, reflecting strong shareholder support and reaffirming investor confidence in the company’s AI-first strategic direction and growth trajectory in digital financial services. ✅ Rights Issue Highlights Issue Size: ₹700 crore Subscription Ratio: 67 shares for every 267 shares held (approximately 4:1) Price per Share: ₹10 (₹1 face value +…
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Jio BlackRock Gets SEBI Nod to Launch 4 Passive Index Funds
16 Jul

Jio BlackRock Gets SEBI Nod to Launch 4 Passive Index Funds

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#JioBlackRock #SEBINod #PassiveInvesting #IndexFunds #MutualFunds #NiftyNext50 #Midcap150 #Smallcap250 #GSecFunds #DigitalWealth #FinancialNews #InvestSmart Mumbai: Jio BlackRock Mutual Fund, a joint venture between Reliance-backed Jio Financial Services and global asset management giant BlackRock, has received regulatory approval from the Securities and Exchange Board of India (SEBI) to launch four new passive index funds. The approved schemes include: Jio BlackRock Nifty Midcap 150 Index Fund Jio BlackRock Nifty Next 50 Index Fund Jio BlackRock Nifty Smallcap 250 Index Fund Jio BlackRock Nifty 8–13 Year G-Sec Index Fund These funds aim to provide cost-effective, transparent investment options for retail and institutional investors, tracking major…
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SBI to Launch ₹25,000 Crore QIP on July 16 — First Equity Raise Since 2017
16 Jul

SBI to Launch ₹25,000 Crore QIP on July 16 — First Equity Raise Since 2017

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#SBI #QualifiedInstitutionalPlacement #QIP #EquityFundraising #BankingNews #IndianBanking #SBIQIP #CapitalMarkets #InstitutionalInvestment #StateBankOfIndia #StockMarket #PSUBank #RetailCredit #InfraFinance #BaselIII #InvestSmart #FinanceUpdate Mumbai: State Bank of India (SBI), the country's largest public sector lender, is set to launch a ₹25,000 crore Qualified Institutional Placement (QIP) today, marking its first major equity fundraising since 2017. This strategic move is aimed at strengthening SBI’s capital base amid rising credit demand, expanding balance sheet requirements, and sustained growth in retail and corporate lending. The QIP will allow SBI to raise funds from institutional investors, including domestic and foreign mutual funds, insurance firms, pension funds, and sovereign wealth funds,…
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🏦 Indian Overseas Bank Slashes MCLR by 10 bps Across All Tenors from July 15
16 Jul

🏦 Indian Overseas Bank Slashes MCLR by 10 bps Across All Tenors from July 15

MFNewsBrands, Breaking News, Business, Opinions, Shares, Technology, Travel
#IndianOverseasBank #MCLR #InterestRateCut #LoanEMI #RLLR #HomeLoan #AutoLoan #PersonalLoan #BankingNews #FinancialRelief #RetailLoans #IOBNews #LoanReset #AffordableCredit #ChennaiBanking #MCLRCutJuly2025 Chennai: In a borrower-friendly move, Indian Overseas Bank (IOB) has announced a 10 basis points (bps) reduction in its Marginal Cost of Funds-Based Lending Rate (MCLR) across all tenors, effective July 15, 2025. The decision was taken at the Asset Liability Management Committee (ALCO) meeting held on July 14. This marks a continuation of the bank’s ongoing efforts to make credit more affordable. Notably, IOB had already reduced its Repo Linked Lending Rate (RLLR) by 50 bps — from 8.85% to 8.35%, effective June…
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Four Mutual Fund Houses Cross ₹1 Lakh Crore in B30 AUM; SBI MF Leads the Pack
16 Jul

Four Mutual Fund Houses Cross ₹1 Lakh Crore in B30 AUM; SBI MF Leads the Pack

MFNewsBreaking News, Business, Health, Mutual Funds, Opinions, Shares, Technology
#MutualFunds #B30Cities #SBI #HDFC #ICICI #RetailInvesting #MutualFundAwareness #Fintech #DigitalIndia #SIPRevolution • B30 cities contribute ₹13.82 lakh crore or 18.46% to the mutual fund industry• SBI MF, HDFC MF, ICICI Prudential MF, and Nippon India MF top B30 AUM charts• Surge signals deepening mutual fund penetration beyond metros Mumbai: India’s mutual fund industry is witnessing deeper penetration into smaller cities, with B30 (Beyond Top 30) locations contributing ₹13.82 lakh crore, or 18.46% of the industry’s total Assets Under Management (AUM) of ₹74.85 lakh crore, reveals a latest analysis by Cafemutual. This trend underlines the growing trust in mutual fund investments among…
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दिल्ली हाईकोर्ट का सख्त आदेश: अमेज़न और फ्लिपकार्ट पर नकली ‘रिलायंस’ और ‘जियो’ उत्पादों की बिक्री पर रोक
16 Jul

दिल्ली हाईकोर्ट का सख्त आदेश: अमेज़न और फ्लिपकार्ट पर नकली ‘रिलायंस’ और ‘जियो’ उत्पादों की बिक्री पर रोक

MFNewsBrands, Breaking News, Business, Opinions, Shares, Technology, Travel
#RelianceVsFakes #DelhiHighCourt #TrademarkInfringement #Jio #AmazonIndia #FlipkartNews #ConsumerRights #BrandProtection #FakeProductsAlert #eCommerceRegulation • कोर्ट ने कहा: "ब्रांड नामों का दुरुपयोग ग्राहकों को गुमराह करता है"• रिलायंस की जीत – फर्जी ट्रेडमार्क बेचने वालों पर कोर्ट की सख्ती• ग्राहकों की सुरक्षा को सर्वोपरि बताते हुए हाईकोर्ट का ऐतिहासिक फैसला नई दिल्ली: दिल्ली हाईकोर्ट ने एक महत्वपूर्ण फैसले में ई-कॉमर्स दिग्गज अमेज़न, फ्लिपकार्ट और अन्य ऑनलाइन प्लेटफॉर्म्स को चेतावनी दी है कि वे ‘रिलायंस’ और ‘जियो’ के नकली या अनधिकृत ट्रेडमार्क वाले उत्पादों की बिक्री तुरंत बंद करें। अदालत ने स्पष्ट कहा कि बिना अनुमति ब्रांड नाम या लोगो का उपयोग ग्राहकों को धोखा…
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PNB MetLife Launches Value Fund Under ULIP Category; NFO Open Till July 28
15 Jul

PNB MetLife Launches Value Fund Under ULIP Category; NFO Open Till July 28

MFNewsBrands, Breaking News, Business, Health, Mutual Funds, Shares, Technology
#PNBMetLife #ValueFund #ULIP #NewFundOffer #LongTermWealth #LifeInsurance #EquityInvestment #ValueInvesting #FinancialPlanning #InvestSmartNew equity fund aims to deliver long-term wealth creation with life cover through value investing strategy Chandigarh: PNB MetLife India Insurance Company, one of India’s leading private life insurers, has announced the launch of the PNB MetLife Value Fund, an actively managed equity fund under its Unit-Linked Insurance Plan (ULIP) category. The New Fund Offer (NFO) is now open for subscription from July 15 to July 28, 2025, with the initial Net Asset Value (NAV) fixed at ₹10 per unit. This launch reinforces PNB MetLife’s commitment to offering market-linked wealth creation…
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