SIP frequency may offer some flexibility, but it’s the clarity of purpose and long-term commitment that determine investment success. Source

EPFO members can now automatically claim up to ₹5 lakh from their provident fund accounts, after the regulator raised the auto-settlement limit to speed up access for urgent needs. Source

India’s asset management sector has introduced Specialised Investment Funds (SIFs), blending the flexibility of PMS and AIFs with the structure of mutual funds. With lower entry thresholds, active use of derivatives, and flexible redemption norms, SIFs mark a key shift in Indian investing, offering investors broader access and advanced strategies. Source

In India, 24 karat gold was priced at ₹98,950 for 10 grams. The rate for 22 karat gold stood at ₹90,700, while 18 karat gold traded at ₹74,210 per 10 grams, according to Goodreturns. Source

The bob Flexi SDP allows customers to raise their monthly deposit by up to 10 times their base instalment, with a cap of ₹1 lakh per month. Source

This follows a slight dip in April, when spends stood at ₹1.84 lakh crore, and a record high of ₹2 lakh crore in March. Source

The New Fund Offer (NFO) will open for subscription on June 27 and close on July 11. Source

This step simplifies documentation and aims to make the process more user-friendly and efficient. Source

Experts advise taxpayers to choose the correct ITR form and ensure full disclosure of both Indian and foreign dividend income. Source

Join Sumeet Narang, Founder & Managing Director, Samara Capital, in an insightful conversation on AIFs in the latest episode of Navigate with HSBC. In this engaging podcast, Sumeet dives deep into the evolving investment landscape, wealth-building, strategies using private equity, and how investors can navigate volatility to secure and grow their wealth. Source

Explore the dynamic world of Alternative Investments in this insightful podcast featuring Sumeet Narang, Founder & Managing Director of Samara Capital, on Navigate with HSBC. In this engaging discussion, Sumeet dives deep into Alternative Investment Funds (AIFs), highlighting their growing importance in building diversified, resilient portfolios for both individual and institutional investors. Source

The service is open to NRIs in Australia, Canada, France, Hong Kong, Malaysia, Oman, Qatar, Saudi Arabia, Singapore, the UAE, the UK, and the USA. Source

The proposed system would allow real-time withdrawals similar to how customers access funds in regular savings accounts. Source

Explore India’s compelling economic growth story with Sumeet Narang, Founder & Managing Director of Samara Capital, in this engaging podcast from the Navigate with HSBC series. Sumeet shares his expert views on the factors driving India’s robust economic trajectory, the role of AIF’s, key sectors poised for growth, and how investors can tap into emerging…

The plan allows investments starting at a monthly premium of ₹1,000. It combines market-linked returns with life insurance cover and is fully available through a digital purchase journey. Source

Silver prices are rising in 2025, driven by strong industrial demand and tightening supply. Kotak AMC’s Satish Dondapati believes the rally isn’t over, with further upside likely as demand from sectors like EVs and solar power accelerates. Source

Ashish Vohra, CEO of Reliance Nippon Life Insurance, highlighted that around 17% of household financial savings in India now go into life insurance. The industry’s total assets under management have crossed ₹60 lakh crore, reflecting growing trust in life insurance as a long-term savings tool. Source

The ruling stems from a case involving the Bhavna Cooperative Housing Society, which claimed to have purchased a 53-acre plot of land in 1982 and later sold it to several buyers, including Mahnoor Fatima Imran. Source

The AMC attributed the rise in AUM to consistent fund performance and investor trust. It manages over 60 schemes across fundamental investing, factor investing, and fixed income strategies. Source

A new survey by InsurTech firm CoverSure shows a vast majority of Indian policyholders are unclear if their insurance offers enough protection. The findings reveal low awareness of policy benefits and a disconnect between ownership and understanding. Source

According to company officials, all affected digital gold holdings have been restored. The platform’s digital gold services remain active and secure. Source

Prices for 22 karat and 18 karat stood at ₹90,700 and ₹74,210 per 10 grams respectively, as per Good Returns. Source

The New Fund Offer (NFO) opens on June 26 and will close on July 10. Source

The card is available in two variants—‘Ultimo’ and ‘UNO’. Both are designed to offer rewards across daily spending categories, with added convenience of UPI-based transactions using credit. Source

The New Fund Offer (NFO) will open on June 27 and close on July 11. The scheme will reopen for continuous sale and repurchase from July 21. Source

As of May 30, 2025, the scheme’s assets under management (AUM) stood at ₹25,092 crore. Source

Fixed deposits are a popular savings product that offer a fixed return over a set period. Source

Rural India’s Protection Quotient has risen to 16, up from 12 in IPQ 5.0. However, the gap between urban and rural areas remains wide at 32 points. Source

IRDAI had introduced the EoM-based framework in FY23, replacing earlier commission limits. The EoM includes commissions and operational expenses. Source

On June 27 (Friday), banks will be shut in Odisha and Manipur for Rath Yatra, a major religious festival. On the same day, banks in Jammu and Srinagar will remain closed for Guru Hargobind Ji’s birthday. Source

The insurers inspected include Niva Bupa Health Insurance, Star Health and Allied Insurance, Care Health Insurance, ManipalCigna Health Insurance, New India Assurance, Tata AIG General Insurance, ICICI Lombard General Insurance, and HDFC ERGO General Insurance, according to the sources. Source

The number of family offices in India has grown significantly — from 45 in 2018 to over 300 in 2025 — indicating a maturing and more structured ecosystem. Source

Launched in 1997, the fund has delivered a compounded annual growth rate (CAGR) of 8.49% over its 28-year history. Source

A passive breach refers to a situation where a scheme’s investment goes outside its allowed limits due to events like corporate actions, price fluctuations in securities, maturity of underlying assets, or large redemptions. These breaches are not due to mistakes or violations by fund managers. Source

UPI is the most preferred payment method, used by 48% of MSMEs. Aadhaar-enabled banking is the second-most used at 39%, with a higher preference among women at 42%. Source

Gold prices today: In India, gold was priced at ₹98,020 for 10 grams of 24 karat, ₹89,850 for 22 karat, and ₹73,520 for 18 karat, according to GoodReturns. Source

Zerodha’s Nithin Kamath has warned retail investors about the rising frenzy around unlisted shares, calling out inflated valuations, poor liquidity, and lack of investor protection. Source

Several credit card issuers have announced changes that impact billing, charges, and rewards from July 2025. SBI Card, HDFC Bank, and American Express are all revising their terms, with changes ranging from revised fee structures to reward exclusions and insurance benefit withdrawals. Here’s a look at what each issuer has announced. Source

Though ITR-1 and ITR-4 Excel utilities are available, taxpayers eligible for ITR-2 and ITR-3 are still waiting. Experts say significant capital gains changes and system updates are behind the delay. Source

Health insurance remains the most considered product. About 61% of Gen Z and 63% of millennials plan to buy it. The high interest among younger adults suggests a growing urgency around healthcare planning. Source

The development comes at a time of increased credit growth and digital adoption in the MSME sector. Source

The plan provides a fixed daily cash benefit for policyholders hospitalised due to illness or accidents. It also includes coverage for accidental death and partial disability. Source

There is no nationwide public holiday in July. However, banks will be shut on all Sundays and on the second and fourth Saturdays, along with certain state-specific holidays. Source

India observes National Insurance Awareness Day on June 28. Lately, the focus is shifting from reactive healthcare to proactive wellness. Insurers are no longer just offering coverage for emergencies — they’re embedding wellness like features that allow customers to earn rewards for walking 10,000 steps, into their health plans Source

AI-driven scrutiny is tightening around deduction claims and high-value transactions this tax season. Expert warns that mismatches in AIS or missing documents could lead to notices and penalties. Source

According to the report, 61% of urban households remain financially exposed to a single hospitalisation event despite owning some form of insurance. The study finds that many policies are either underpowered or misunderstood. Source

Here’s a detailed tax calendar to help you stay compliant and avoid late fees or penalties: Source

Experts indicate that the short-term rental segment is maturing, with buyers showing more awareness of what drives performance — location, durability, and management quality. Source

The advisory comes amid efforts to widen insurance penetration and make the sector more inclusive, especially in underserved and rural areas. Source

World Gold Council expected 2025 to be a modest year after the breakneck rally in 2024. However, the precious metal has already broken the 2024 record, and if the latest estimates hold, this might be the best year since 1979. Source