Mutual Funds

PFRDA Issues Consultation Paper to Align Valuation Norms with Long-Term Pension Objectives

PFRDA Issues Consultation Paper to Align Valuation Norms with Long-Term Pension Objectives

#PFRDA #NPS #APY #PensionReforms #FinancialStability #GovernmentSecurities #NAVCalculation #PensionFunds #ConsultationPaper #LongTermInvestments #InvestorProtection #InfrastructureGrowth #StakeholderEngagement #RetirementPlanning #CapitalFormation #FinancialGovernance #IndiaEconomy #MarketTransparency #PublicFeedback #RegulatoryUpdates New Delhi: The Pension Fund Regulatory and Development Authority (PFRDA) has released a detailed consultation paper proposing a revised valuation framework for Government Securities held under the National Pension System (NPS) and Atal Pension Yojana (APY). The objective is to align valuation practices with the long-term, “buy-and-hold” nature of pension investments and improve transparency in the calculation of Net Asset Value (NAV). Titled “Alignment of Valuation Guidelines with the Core Objectives of Long-Only Pension Funds”, the paper suggests a dual…
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Edelweiss Mutual Fund’s Altiva Hybrid Long-Short SIF Raises ₹320 Crore in Maiden Subscription

Edelweiss Mutual Fund’s Altiva Hybrid Long-Short SIF Raises ₹320 Crore in Maiden Subscription

#EdelweissMutualFund #AltivaHybridLongShortSIF #EdelweissFinancialServices #MutualFundsIndia #AlternativeInvestments #SpecialisedInvestmentFund #HybridFunds Mumbai: Edelweiss Mutual Fund announced that its Altiva Hybrid Long-Short Specialised Investment Fund (SIF) successfully concluded its maiden subscription round, mobilising approximately ₹320 crore. The newly launched fund, which blends hybrid investment strategies under a tax-efficient structure, attracted strong interest from both individual and corporate investors. The Altiva Hybrid Long-Short SIF is designed to generate income-oriented, low-volatility returns through a diversified investment approach that combines fixed income instruments, equity arbitrage, long/short equity positions, and selective participation in special situations such as IPOs, mergers, buybacks, and low-risk derivative opportunities. This multi-strategy structure allows the…
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PNB MetLife and Policybazaar Team Up for Pension-Focused Consumption Fund

PNB MetLife and Policybazaar Team Up for Pension-Focused Consumption Fund

#PNBMetLife #Policybazaar #PensionConsumptionFund #ULIP #RetirementPlanning #WealthCreation #IndianEconomy #InvestmentNews #IndiaGrowthStory #ConsumptionTheme #DigitalInsurance Chandigarh: PNB MetLife India Insurance Company has announced a strategic partnership with the digital insurance giant Policybazaar to launch a new investment offering: the Pension Consumption Fund. This actively managed fund is exclusively available under PNB MetLife’s unit-linked insurance plans (ULIPs) and is designed to leverage India’s booming domestic consumption story to fuel long-term retirement savings. The new fund is currently open for subscription through a New Fund Offer (NFO). Investors can subscribe to units at an initial price of ₹10 per unit during the NFO period, which started…
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Tapping into India’s Growth Story: Axis Max Life Launches Consumption-Focused Equity Fund

Tapping into India’s Growth Story: Axis Max Life Launches Consumption-Focused Equity Fund

#AxisMaxLife #ConsumptionFund #IndiaGrowthStory #InvestmentOpportunities #ULIP #EquityFund #IndianEconomy #WealthCreation #FinancialPlanning #AtmanirbharBharat #ConsumerDrivenGrowth #MutualFundsIndia #InsuranceInvestment #AxisBank #MaxLifeInsurance #IndianMarkets #EconomicGrowth #InvestmentNews #EquityInvesting #NFO2025 Chandigarh: Axis Max Life Insurance has rolled out an exciting new offering for its policyholders: the Axis Max Life India Consumption Opportunities Fund. This actively managed equity fund is strategically designed to capitalize on India's booming domestic consumption sector, providing an avenue for investors to align their savings with the nation's economic growth engine. The fund is currently accessible under a New Fund Offer (NFO), giving investors a limited-time opportunity to subscribe to units at a par value of ₹10…
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Zerodha Co-founder Nithin Kamath’s X Account Briefly Hacked After Phishing Email Attack

Zerodha Co-founder Nithin Kamath’s X Account Briefly Hacked After Phishing Email Attack

#NithinKamath #Zerodha #CyberSecurity #PhishingScam #AccountHack #AIPhishing #SocialEngineering #TwoFactorAuthentication #OnlineSafety #DigitalSecurity #TechNews #CyberAwareness Bengaluru: Zerodha co-founder and CEO Nithin Kamath revealed that his personal account on social media platform X (formerly Twitter) was briefly compromised after he accidentally clicked on a phishing email disguised as a security alert. The incident, which Kamath shared publicly on Monday, underscores the growing sophistication of AI-driven phishing campaigns and the persistent risks even for individuals with strong cybersecurity awareness. The Phishing Incident In a detailed post, Kamath explained that he had received an email that appeared to be an official X notification, warning him about…
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Midwest Ltd Launches ₹451 Crore IPO; Subscription Opens October 15

Midwest Ltd Launches ₹451 Crore IPO; Subscription Opens October 15

#MidwestLtdIPO #MidwestIPO #StockMarketIndia #IPO2025 #Investing #EquityMarkets #BookBuilding #BSE #NSE #PrimaryMarket #ShareMarket #IPOAlert #IndianMarkets #FinancialNews Mumbai: Midwest Ltd, a diversified player with a strong presence across multiple industrial sectors, has announced the launch of its Initial Public Offering (IPO) to raise ₹451 crore through a public-cum-offer-for-sale (book-building) issue. The IPO opens for public subscription on October 15, 2025, and will close on October 17, 2025. The company’s shares are proposed to be listed on both the BSE and NSE, with a tentative listing date of October 24, 2025. The public issue comprises a fresh issue of 42.35 lakh equity shares, each…
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Revolutionizing Payments: Curie Money Launches Nationwide UPI Service with Instant Mutual Fund Redemptions

Revolutionizing Payments: Curie Money Launches Nationwide UPI Service with Instant Mutual Fund Redemptions

#FintechRevolution #UPI #CurieMoney #InstantPayments #LiquidFunds #NPCIApproval #DigitalIndia #WealthTech #MutualFunds #InstantRedemption Chandigarh: In a landmark development poised to reshape the landscape of digital finance in India, Fintech platform Curie Money has received the coveted final approval from the National Payments Corporation of India (NPCI) to officially launch its full-fledged Unified Payments Interface (UPI) service across the entire country. This crucial green light signals Curie Money's transition out of its restrictive Closed User Group (CUG) beta phase, making its groundbreaking UPI payment solution immediately available to all users on both Android and iOS devices. The core innovation that sets Curie Money apart…
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Capital Small Finance Bank Limited Expands to 200 Branches across North India, strengthening its Meaningful Presence

Capital Small Finance Bank Limited Expands to 200 Branches across North India, strengthening its Meaningful Presence

#CapitalSmallFinanceBank #CapitalSFB #200Branches #BranchExpansion #BankingMilestone #NorthIndiaGrowth #FinancialInclusion #MeaningfulPresence #PhygitalBanking #InclusiveGrowth #PunjabBanking #HaryanaGrowth #RajasthanEconomy #HimachalBanking #Chandigarh Jalandhar: Capital Small Finance Bank Limited, has grown its branch network to 200 branches spread across Punjab, Haryana, Rajasthan, Himachal Pradesh, NCR, UT Chandigarh and Jammu & Kashmir, marking a meaningful milestone in its journey of sturdy and relationship-driven growth with contiguous and deep-rooted presence. The new branches in Jaipur (Rajasthan), Pinjore, Jakhod Khera, Tohana, and Bahadurgarh (Haryana) exemplify the Bank’s guiding philosophy of “combining and carpeting” — to first establish presence, understand local needs, and then go deep to create lasting community impact. Capital SFB’s…
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Nuvama Wealth Gets Green Light from SEBI to Enter Mutual Fund Business

Nuvama Wealth Gets Green Light from SEBI to Enter Mutual Fund Business

#NuvamaWealth #NuvamaMutualFund #SEBIApproval #MutualFundBusiness #AssetManagement #WealthManagement #InvestmentOpportunities #FinancialGrowth #MarketExpansion #NuvamaFinance #SEBIIndia MUMBAI – Nuvama Wealth Management has received in-principle approval from the Securities and Exchange Board of India (SEBI) to launch its own mutual fund business. In a regulatory filing, the company confirmed that SEBI, via a letter dated October 1, 2025, granted it approval to act as the sponsor for the proposed Nuvama Mutual Fund. Next Steps for Nuvama With the in-principle approval now secured, Nuvama Mutual Fund will proceed with preparations to establish and launch its operations in two key areas: Mutual Fund (MF) Business: Setting up the core…
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SEBI Prioritizes Easing NRI Investment Rules, Cracking Down on ‘Finfluencers’

SEBI Prioritizes Easing NRI Investment Rules, Cracking Down on ‘Finfluencers’

#SEBI #TuhinKantaPandey #NRIInvestments #KYCReforms #CapitalMarkets #InvestorProtection #Finfluencers #FinancialLiteracy #MarketRegulation #DigitalFinance #InvestmentAwareness MUMBAI – The Securities and Exchange Board of India (SEBI) is making the simplification of Know Your Customer (KYC) norms for Non-Resident Indians (NRIs) a top-priority goal, according to SEBI Chief Tuhin Kanta Pandey. Speaking at the Capital Market Confluence 2025, organized by the Bombay Stock Exchange Brokers Forum in Mumbai, Pandey announced that SEBI's immediate focus is to establish an easy and secure KYC access system for NRIs to boost their participation in the securities market. “We are yet to establish an easy and secure KYC access system for…
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