Maxim Financial News

mutual fund industryreflects a remarkable appetite for equity and financial literacy among the populace. As technology democratises access to financial markets, an increasing number of new-age investors are entering the fray. For those embarking on their investment journey, here are some investment ideas that may give more returns in the long term.

Vanguard Charitable donors granted a record $2.1 billion during its 2023 fiscal year even as stocks tumbled.

Electric bus, van and truck maker Proterra says it is seeking Chapter 11 bankruptcy protection from a federal court in Delaware

Might India’s lunar landing, expected on or around 23 August as the first ever to be done near the Moon’s south pole, be upstaged by a Russian Luna-25 lander reported to be in countdown mode for a Friday launch? Our Chandrayaan-3 mission saw a successful liftoff on 14 July. Having leapt from Earth’s orbit to the Moon’s more than four weeks later, its Vikram lander is scheduled to touch down in a challenging spot picked for its rich potential of secrets that scientists could uncover.

Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

G20 Energy Ministers' Outcome document and Chair's Summary on Energy Transitions' issued last month besides in several other similar G20 documents. ET gathers that China argued that the G20 documents could not use the term 'Vasudhaiva Kutumbakam' in the official text as it is in Sanskrit, which is not one of the six official languages recognised by the United Nations. It is learnt that most participant nations weighed in favour of India on the matter with some even observing that the theme was the prerogative of the Presidency and host nation.

Mutual Fund and WhiteOak Capital Mutual Fund, as per data from market regulator Securities Exchange Board of India (SEBI). As per experts quoted by the news agency PTI, this year the NFOs are expected to remain much lower than the 228 schemes floated in 2022 and 140 during 2021. The reason behind the phenomena is the combination of factors and other dynamics related to mutual funds which are impacted by internal and external factors.

U.S. gas prices are continuing to rise — giving drivers across the country another headache at the pump

U.S. gas prices are continuing to rise — giving drivers across the country another headache at the pump

Gukesh D ended Grandmaster Viswanathan Anand's 37-year reign as India's highest-ranking chess player in the live world (FIDE) rankings on Thursday. The 17-year-old defeated Mistradin Iskandarov in the second round of the FIDE World Cup in Baku, Azerbaijan, and scored a live rating of 2755.9, while Anand's rating was at 2754.0. With this, Gukesh replaced his idol to move up to World No.

Savings Account Interest Rate: Fincare Small Finance Bank is offering up to 7.5% interest rate on savings account deposits. The bank has revised interest rates on their saving account effective from August 1, 2023. In a statement, the Fincare Bank said it is offering a competitive interest rate of 7.25% on Savings Accounts.

real estate sector are skilled employees, the report mentioned. Whereas 4.4 million are core skilled employees, which includes engineers, technicians, clericals, etc, and 6.9 million are vocationally trained employees. According to the National Skill Development Council (NSDC), 87% of the employees (both skilled and unskilled) are absorbed by the real estate sector, while 13% are absorbed by the infrastructure sector.

Drivers are in for another headache at the pump as U.S. gas prices continue to rise

There are four main schools of political economy: The normative school with a benevolent policymaker at its centre trying to maximize a social welfare function; public choice theory with its focus on rule making; the Chicago school where policymakers redistribute wealth to maximize a support base; and the transaction cost school where each policy is a ‘play’ in a game where multiple principals try to influence an agent (policymaker) to maximize their own utility. Given our sub-optimal policy making history in the first four decades after 1947, the Indian political economy cannot be said to conform with the normative school model.

Liverpool and Bayern Munich are against each other in a pre-season friendly match at the Singapore National Stadium on August 2, 2023. Both teams will use the opportunity to assess new signings and gain crucial match minutes ahead of the upcoming season.

Uber's surge pricing has once again come under scrutiny after CEO, Dara Khosrowshahi, expressed his astonishment at the exorbitant fare charged to a journalist recently. During an interview with Wired editor Steven Levy, Khosrowshahi was taken aback when shown a receipt for a 4-km trip in Manhattan, New York, which amounted to a staggering $51.69, including the driver's tip. Khosrowshahi's reaction was one of surprise, exclaiming, «Oh my God.

The largest newspaper group in Maine is becoming a nonprofit with the completion of the sale of more than 20 daily and weekly newspapers, including the Portland Press Herald

Quant Mutual Fund has earned a name for itself with its impressive performance in the last few years. However, most of its schemes have been underperforming for a while. ETMutualFunds reached out to Sandeep Tandon, CEO of Quant Mutual Fund, to find out what is happening and what is he doing about the situation. “We have been vocal about the fact that for us, investment is about primarily managing risks and returns are therefore a by-product,” says Tandon. “Our VLRT Framework and Predictive Analytics indicators are used to dynamically maximize the opportunities across the portfolios. As you are aware, we have demonstrated the same in the past and emerged as an outlier in most of the categories in which we operate.” Edited interview.Equity schemes of Quant Mutual Fund have been underperforming for a while. Most investors, who were used to the stupendous performance of these schemes in the last few years, are concerned. What’s happening? It is imperative to focus on long term wealth creation and not be distracted by intermittent blips of market volatility. At quant MF, active identification and participation in growth opportunities is done (through our Predictive Analytics toolkit) while exercising due caution (through our VLRT Risk Mitigation framework). This is the only recourse that can help build meaningful wealth and preserve it through the volatile years ahead.

Bajaj Finserv Flexi Cap Fund, you can take a step closer to your financial goals by taking calculated risks and seeking to benefit from the changing trends. This new scheme launched by Bajaj Finserv Asset Management Limited allows you to diversify your investment portfolio and build long-term wealth. Bajaj Finserv Flexi Cap Fund is an open-ended equity scheme that invests in large cap, mid cap, and small cap stocks.

As per a recent RBI report, credit card outstanding balance has crossed the 2-lakh-crore mark in April 2023. This is nearly a 30% rise from April 2022. Though such increase in spending shows confidence in using credit cards, it also necessitates a discussion around the judicious use of credit.

rupee cost averaging are powerful tools that work in our favour. They promise a disciplined approach to investing, regardless of market conditions. However, as your accumulated amount grows, it's time to reevaluate whether rupee cost averaging continues to be effective in maximizing returns. In this article, we unravel the truth and urge you to rethink your SIP strategy.Understanding Rupee Cost Averaging: Rupee cost averaging, a cornerstone of SIPs, is designed to average out the cost of investments over time. By investing a fixed amount at regular intervals, regardless of market fluctuations, it aims to mitigate the risk of making significant investments at unfavourable peaks. The concept is appealing and has proven successful for investors with smaller portfolios.The Question of Effectiveness with Accumulated Amounts:As your investment portfolio expands, it becomes crucial to critically examine the effectiveness of rupee cost averaging. Here's why it might fall short: