Investments

When choosing a mutual fund, many investors wonder whether: “Should I pick a fund with a lower NAV (Net Asset Value) for better returns?” This is a common question, often fueled by the belief that a lower NAV means a fund is “cheaper” or has more growth potential. But is this really true? Let’s break…

Retail digital payments grew 34.9% in volume and 16.1% in value. Unified Payments Interface (UPI) led the growth, clocking a 41.7% rise in volume and 30.3% in value. Source

Starting June 2025, major banks including Kotak Mahindra Bank, Axis Bank, and HDFC Bank are set to implement wide-ranging changes to their credit card policies. These changes, which affect reward structures, fee waivers, redemption values, and access to lounges, will impact millions of cardholders across the country. Source

Industry leaders have welcomed the decision, calling it a step in the right direction. Source

Several key tax compliance deadlines fall in June 2025. Taxpayers, banks, and government agencies must meet these to ensure smooth reporting and avoid penalties. Source

EPFO stresses that genuine overlaps are no longer valid grounds for rejection. Providing complete documents can help speed up transfers. Source

When men do seek help for mental health, symptoms are often more severe, pointing to a gap in timely intervention. Source

The US House of Representatives has passed the ‘One Big Beautiful Bill,’ which includes this tax aimed at non-US citizens.The measure is now awaiting Senate approval and could take effect from January 1, 2026. Source

The Department of Financial Services, after discussions with the Finance Minister, has sent suggestions to the RBI seeking a January 2026 rollout and exemption for gold loans below ₹2 lakh. Source

According to official sources, the misappropriated amount, currently estimated at ₹53 crore, was routed into illegal online gaming platforms. Source