Many people are worried post the decision to levy LTCG (Long Term Capital Gains Tax) on Equities and Equity Mutual Funds. They think that post this decision mutual fund is no longer better as ULIPs though based on equities are tax-free. So, let’s find out how mutual funds compare to the ULIP post LTCG Tax.

The Defence Acquisition Council (DAC) approved procurement order worth Rs. 9,100 crore for inducting two regiments of Akash Missiles from the company.

Following stocks are close to their 52-week low as at 2.12 p.m. on September 18, 2018.

The markets on September 18, 2018 opened up. BSE Sensex is trading at 37,554.29, down by 31.22 points and the Nifty is trading at 11,364.35, down by 13.40 points. 

SEBI is mulling to implement performance-linked fees for mutual funds. This will be a win-win situation for investors and fund houses.

Spectrum Electrical Industries and Sky Gold Private have launched IPOs that are closing on September 21, 2018, while Garden Reach Ship is all set to launch an IPO on September 24, 2018.

Due to demonetization and aggressive promotion of mutual funds in the recent years, we have seen a spike-up of inflows in to mutual funds in India. Many of you may be investing in mutual funds. But have you ever wondered how mutual funds actually work? Let’s find out.

The board of Redington approved the buyback of 1,11,20,000 equity shares on Monday. The company will buy back at a price of Rs. 125 per share, which represents almost 20 per cent premium from its current market price of Rs. 104 per share.

Government calls for the merger of Vijaya Bank, Dena Bank into Bank of Baroda. The combined entity will form the third-largest bank in India with a total loan book of Rs. 14.82 lakh crore. Of the three, Dena Bank is the weakest, while Bank of Baroda and Vijaya Bank have cleaner books.

Overall volumes in futures & options currently stand at 82.31 lakh contracts with a turnover of Rs. 7,94,587.42 crore.