Investments in these schemes are eligible for a deduction of up to Rs 1.5 lakh under Section 80C of Income-Tax Act
What is of particular concern is that SBI small-cap fund, which is India’s 3rd largest small-cap fund, will need at least 60 days to liquidate 50% of its portfolio.
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The test is meant for investors to understand how liquid their mutual fund assets are. The test will also keep the MFs on their toes regarding liquidity and be prepared for any sudden redemptions.
Petrol in the national capital will now cost Rs 94.72 a litre as compared to Rs 96.72 per litre previously while the price of diesel will now come to Rs 87.62 as opposed to Rs 89.62
YES Bank shall also be acting as merchant acquiring bank for existing and new UPI merchants for One97 Communications
Honda price hike: Honda Cars India giving up to Rs 1.20 lakh worth benefits on flaship sedan Honda City
Fitch estimates that the economic growth rate in the current financial year 2023-24 will be 7.8 percent. This is slightly higher than the government's estimate of 7.6 percent.