Investors Bet On High-Risk Equity Funds

Since November 2022, sectoral, midcap, and smallcap funds have collectively added nearly 39 million folios, which is 65% of the total additions to equity funds over the past two years.......

Tax relief on in equity-linked schemes

The Central Board of Direct Taxes on Monday clarified that all prevailing equity-linked savings schemes, including those launched this fiscal, will be eligible for tax benefits under Section 80C of......

Large-cap equity schemes lagged benchmark returns

Asset-weighted returns of large cap funds lagged their benchmark by 273 basis points, ELSS funds by 318 bps and mid- and small-cap funds by 230 bps. Illustration: Dominic Xavier/Rediff.com Not a......

How you can save tax by investing in mutual funds

Planning your taxes is an integral part of your financial planning. Sec 80C of the Income Tax Act allows you to claim deductions from your taxable income by investing in certain investments.......

Stich doubles comeback ends with defeat

Former Wimbledon champion Michael Stich's return to competitive action 12 years after his retirement lasted only 62 minutes on Tuesday, losing his doubles first round at the German Open. Stich,......

Some Real training for Ronaldo

Real Madrid's Cristiano Ronaldo exits a plane after arriving with the rest of the team at Dublin Airport in Ireland on Monday. Real will play Shamrock Rovers next Monday in a pre-season...