Nippon India Mutual Fund launches Income Plus Arbitrage and Active
This new scheme seeks to generate returns by combining two investment styles—arbitrage and active debt management—under one hybrid strategy. Source
Read MoreThis new scheme seeks to generate returns by combining two investment styles—arbitrage and active debt management—under one hybrid strategy. Source
Read MoreThe New Fund Offer (NFO) will open on June 5, 2025, and close on June 19, 2025. Source
Read MoreThe fund will build a diversified equity portfolio comprising listed equities and related instruments, benchmarked against the S&P BSE 500 Total Returns Index (TRI). It is intended for investors with a 2–3 year investment horizon. Source
Read MoreThe report highlights a sharp rise in female participation. Women now account for 43% of international Indian travellers. Source
Read MoreBoth funds are designed to track their respective indices. The IT fund will invest in the top 10 IT companies by free float market cap. The healthcare fund will invest in the top 20 healthcare companies. Source
Read MoreHybrid mutual funds recorded net inflows of ₹14,247.55 crore in April 2025, reversing outflows seen in March. Fund managers attribute the growing preference to the dynamic asset allocation approach of Balanced Advantage Funds (BAFs) during uncertain market conditions. Source
Read MoreAs per the example provided on the bank’s website, customers must spend ₹75,000 in the preceding quarter to qualify for complimentary lounge access in the following quarter. Source
Read MoreWith the government promoting cruise tourism and global cruise lines localising their offerings, the Indian cruise market is poised for expansion. As this sector grows, travel insurance has become a critical component for travellers seeking to safeguard their journeys. Source
Read MoreLaunched in 2019, the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is a central government scheme offering ₹6,000 annual income support to eligible farmers. Source
Read MoreThe price of 24-karat gold stood at ₹99,070 per 10 grams, while 22-karat was priced at ₹90,810 per 10 grams, according to Goodreturns. Source
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