Sashind Ningthoukhongjam

1 week ago | livemint.com | Sashind Ningthoukhongjam

The website of Nippon Life India Asset Management Ltd, India's largest mutual fund by number of investors, has been down since a cyberattack hit the company’s IT infrastructure on 9 April. When Mint visited the website on 17 April, the home page was accessible but the login page was not. The company wrote in an exchange filing on 10 April, “There has been an incident involving a cyber attack on our IT infrastructure late last night.

1 week ago | livemint.com | Sashind Ningthoukhongjam

However, this means that low-income earners are left with low-growth savings or sometimes end up watching their lifetime savings disappear after investing them in fraudulent schemes. Mint talked to people who tried to get their house helps to invest in mutual funds. The problem starts from trying to convince them to opt for a mutual fund instead of buying a gold necklace. However, once they’re in, there are structural hurdles to cross – and not all find it easy to complete the process.

2 weeks ago | livemint.com | Sashind Ningthoukhongjam

Unregulated influencers have long flaunted fake screenshots of their trading accounts to trap gullible investors. However, the market regulator found that even regulated players, such as research analysts and investment advisors, have been making such unverified claims To address the issue, the Securities and Exchange Board of India (Sebi) issued an advertisement code in 2023 that barred regulated players from exhibiting their performance.

2 weeks ago | livemint.com | Sashind Ningthoukhongjam

Armed with a strong credit score and a little persuasion, Ram returned to his bank and convinced them to lower his interest rate to 8.5%. That 50-basis-point drop may sound small, but it translated into savings of ₹25 lakh on his ₹1 crore loan over 25 years. Though Ram’s example is illustrative, the approach is grounded in reality—many borrowers successfully negotiate lower interest rates after their credit scores improve.

3 weeks ago | livemint.com | Sashind Ningthoukhongjam |Neil Borate

Summary The game plan is to replicate the core philosophy that has driven PPFAS's fund management business over decades, says Khushboo Joshi, chief wealth officer of PPFAS Wealth. This is a Mint Premium article gifted to you. Subscribe to enjoy similar stories. MUMBAI : Parag Parikh Financial Advisory Services (PPFAS) Ltd’s flagship flexi-cap scheme has a cult following in the mutual fund space.