What is a Money Market Account and How Does It Work?
A money market account is a type of deposit account that allows consumers to earn interest while having easy access to their money. Money market accounts are insured by the FDIC or NCUA, unlike money ...
Lost track of old mutual fund investments? Sebi’s ‘Mitra’ is here to help.
Millions of mutual fund accounts have gone unclaimed due to outdated records and missing PAN details. Sebi’s new Mitra ...
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New SEBI rule: Revamped mutual fund and demat account nomination rules come into effect from today; things you need to know
From March 1, 2025 certain revamped mutual fund and demat account rules have come into effect. These revamped rules aim to ...
Pensions & Investments2d
Large pension plans favor separate accounts
Large pension plans heavily favor separate accounts over other investment vehicles, particularly exchange-traded funds and ...
Forbes9d
Annuity vs. Mutual Fund: What’s The Difference?
More liquid. Mutual funds provide more liquidity than annuities. You don’t have to pay surrender charges or other fees. However, if your money is in a retirement account like an IRA, you may ...
Women mutual fund investors adopting SIPs, account for over 30.5% of total SIP AUM
Women investors are showing greater patience and discipline in mutual fund investments, with AUM held for over five years ...
Mutual fund corpus from women investors more than doubled in five years, smallcap funds the big winner, shows AMFI-Crisil study
The Indian mutual fund industry's witnessing continued rise in assets under management (AUM); equity assets maintain ...
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New nomination rules for demat accounts, mutual funds: Key changes you should know
If a joint account holder passes away, the surviving holder(s) will receive the assets without additional KYC, unless it was ...