Investments

The fund will allocate around 60–65% to debt-oriented schemes, primarily the Invesco India Debt Fund. Source

ETFs now account for 13% of the Indian mutual fund industry’s total AUM of ₹65.74 lakh crore, up from around 7% in March 2020. Source

Robotic-assisted surgeries have grown rapidly across public and private hospitals due to their clinical benefits, including reduced complications and faster recovery. Source

e-KYC Setu is a digital identity verification system created by NPCI in partnership with UIDAI. Source

PhonePe, a digital payments platform, offers a Dengue and Malaria Insurance Plan that provides targeted health coverage against mosquito- and air-borne illnesses. The policy is priced from ₹59 per year and offers coverage up to ₹1 lakh. Source

Large-cap mutual funds invest a minimum of 80% of their assets in the top 100 listed companies by market capitalisation. These are typically companies with a strong track record, stable earnings, and high liquidity. Source

Individuals can still switch between the two tax regimes at the time of filing their returns, with key differences based on the type of income. Source

A penalty of 50% may be levied for underreported income, while a 200% penalty applies for misreported income. Source

What’s driving NRIs back to India for wealth building? In this episode on “Investing in India as an NRI”, we invite Abhilash Narayan Investment Strategist, HSBC Private Bank and Premier Wealth to share his perspectives on why India stands out as a global investment destination. Hear the full conversation on our podcast Navigate with HSBC…

Business News: Get the latest Business News, Live Share & Stock Market Updates, Top News from India and across world. Read Top Business News and updates on financial, economic and banking news on CNBCTV18. Source